BitTorrent Up Scheme BTTIf a reversal back upwards in the market occurs
BTT is a good candidate for an altcoin buy
It just makes sense
However if a reversal doesn't come to be, this post will be redundant
Aim for sell at .1 if we go there
Bittorent
BTT, VERY BULLISH !!! >_<BTT is now in the good support line. And also the rsi divergence is bullish.
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*NOTE: THIS CONTENT IS JUST AN IDEA. TRADE AT YOUR OWN RISK, PLEASE.*
Cup and handle still in play?BTT's bullishness in the last few weeks have had lots of investors curious to see if it will go parabolic with the latest updates that were announced... And at this stage still might will. But the last overhead resistance will prove that to be a tad of a challenge.. expect a midterm baby step climb process... So grab a pillow and hibernate. Gonna be a loooooooooooong wait.
Similar patterns BTTUSD Large version of this pattern resulted in a bullish breakout
The smaller version of the pattern is in the beginning stage of a bull breakout
BTT is bullish
BTTUSDT 1D TF (Update) ;) BuuuulllishAs we can see, after breaking its downward trend, the price is gathering strength to start a strong climb.
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart.
(DYOR)
BTT to .oo45The RSI showing us coming fresh off a Head & Shoulders which most of you may already know it typically leads too a spike in said direction. Which for us is very Bullish.
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BTT coming off a nice Double BottomAs we test a critical resistance, what may unfold next is a Pullback towards the previous resistance. From there we will either do a Touch & Go (creating a Higher Low) to try & get on a Bullish Run
We may fall below this resistance testing the previous Demand Zone & consolidate as we move through this week into the weekend.
WRX / BTT Similar Gaussian PositionsPositioned or 'Perched' atop the channel
This to me is a great entry point for both the coins
as seen on WRX the last time (green oval) price touched the top, it mooned. Will this repeat?
I am long BTT
moon mission.been eyeing this one for a long time, it's poised for a wave 3 impulse on a higher degree.
this one is going to be a game changer in my opinion - a life changer for some.
bittoreny analyzeAs you can see, according to the chart above, this digital currency was able to move upwards from its downtrend channel by a very powerful full-blown candelabra, and we expect it to grow well by setting targets by completing its pullback.
If you are planning to enter, it is recommended that you enter in the range of 0.002177 until the current price because it is very convenient.
The disadvantage is the re-entry of the price into the downtrend channel in the range of 0.0021350.
Has BitTorrent bottomed?Drawing trendlines within the fib circle
It looks like the early times of support being established from a previous trendline
I think this coin could go big in the long term, it just needs time
I hodl BTT
Idea above shows true potential
Another Absurd Gaussian ChannelThe recent drop has caused this expansion of the channel
What will be the repercussions?
This pair consists mainly of low cap altcoins, we may see huge growth in low cap altcoins soon,
I assume this because the channel is extremely stretched and has extreme room to move
An alternative scenario is we see the death of some low cap alt coins
Its one extreme or the other.
BTTUSD Has A Support Been Found?Affection for 4.618 is present
This is on the larger fib circle trend present
Which emphasizes its validity as a support
Hope!
BTT Moonshot ?? BitTorrent/BTC idea
The moonshot on Verge/USD is very comparable to the current position of BTT
I am long BTT
Hopeful!
BTT Is Bouncing BitTorrent has hit the .61 fib level and is bouncing off it
This is also the 200MA
I am long BTT
BTTUSD / BITTORENT IDEAafter bearish movement into low support, bittorent bounce back into correction, it cannot break under 0.0024 usd. if the pattern confirmed, in my opinion if bittorent could break the key resistance, it could return into the bullish pace as predicted, could be 1 cent in 2021, or could be more.
BTT Market is not bearish yetMarket is not bearish yet, time to buy but still take into account the risks that will occur.
Good luck...
BitTorrent ( BTT ) we were in a small price correctionas we see in chart, the price goes down to correct, like a last reminder to buy at this position GOOD LUCK traders and bittorrent hodlers
BTT forming Triangle !! Gonna See Breakout Soon...Hey guys welcome for a fresh update on BTT
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BTT getting ready to breakout Triangle...
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If we look at the Stats of BTT
Circulating Supply
659.95B BTT
Total Supply
990,000,000,000
This shows that only around 33% of the supply is remaining
Which make BTT a token with Scarcity
Why is BBT seems so scare ??
BitTorrent’s original goal was to disrupt the legacy entertainment industry and how consumers obtain content.
Expensive and inefficient distribution networks were the main target, with original developer Bram Cohen seeing benefits in allowing internet users to distribute content among themselves directly.
And as we all seeing how entertainment industry is changing so fast
and it grew 20% year on year digitally
So token like BTT would be of extremely importance for data as well transactions of entertainment industry
So this would be a Value Investment
Must fill Bags from $0.0075 - $0.0071
For other details you can refer to chart...
Don't Miss Out on it....
Give a thought to it and manage your risk carefully...
Let me know whats your target and suggestion In Comment Section
Will Be back with another Premium Analysis in the mean time..
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this is Husain Zabir, signing out
Thankyou...
