BTT Update 4 - in the bottom of the historical Canal BTT still retains the bottom of the historic canal. If stabilized, we can hope for goals of 0.49 and 0.6. But otherwise, the situation may get worse and unpredictable ...
Note : Always do your own analyze before trading.
Bittorrent
BTT to break 0.0082 by 10 June 2021BTT is forming symmetric triangle following recent market crash, and is already breaking out of it. BTT will commence the initial airdrop after the snapshot on June 10, 2021, at 12:00 (UTC). By this time, I expect BTT to reach 0.0082.
Breakout BTT come on come on
It's been a long time BTT sleeping soundly it's time to get up,do you agree with my opinion??
BitTorrent (BTT) - May 29Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(BTTUSDT 1W Chart)
(1D chart)
We need to see support at the 0.0035393 point and see if we can move along the uptrend line.
If it goes down, you should check to see if it finds support at the 0.026990-0.0035393 range.
It is important to break out of the downtrend line to turn into an uptrend.
As such, we will have to wait and see if it can rise above the 0.0052201 point between around May 28th - around June 4th.
The 0.0002859-0.0011389 zone is an important zone and is expected to form a strong support zone.
-------------------------------------
(BTTBTC 1W chart)
As a low-priced token, it is difficult to determine where to buy and sell.
So, we need to look at the chart a little more broadly.
The 8 Satoshi-9 Satoshi section is an important section in that sense.
(1D chart)
We will have to wait and see if we can move above the 12 satoshi point to break out of the downtrend line.
If it falls from the 9 satoshi point, it can touch the 7 satoshi point or less, so Stop Loss is required to preserve profit and loss.
However, it may follow an uptrend line, so trade with caution.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price is below your average unit price whether the price trend is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the funds that ultimately correspond to the profits can regenerate the profits.
-------------------------------------------------- -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
TRON In Expanding Triangle Rally, Next Move Is Towards $1-2Besides fundamental reasons of a massive forced liquidation sale caused by unsubstantial FUD and market manipulation being insanely bullish for Cryptos in general, TRX Is in a beautiful expanding triangle pattern. Both the rally over the last few months AND this correction over the last month are both expanding triangles.
This explains why the last wave down (wave-e) was so violent, because wave-e of an expanding triangle is always the largest wave. Also looking at the bigger picture, we've just completed Wave-D of a larger expanding triangle and now we're going to get Wave-E going UP, which is going to be much larger than the last two waves up we've had over the last few months. Wave-E will probably go to at least $1-2 this summer, potentially higher if we have a large blow off wave.
BITTORRENT Hidden Bullish Divergence USDDon't let FUD take your eyes off BTT/USD. The names involved in this company TOWER over any other crypto. Let the memes lead the blind. This is a once in a lifetime opportunity.
$BTT: What do you think?BTT has been stuck for some time. I've been watching it since march and now this is my opinion.
Downtrend continuing, long term prospect for BTTLooking into how the marketing has been rejecting BTTUSDT and how BTTUSDT does not have any strong support levels, I can see BTT falling to very close range down to 0.002 to 0.001. It will possible be falling for a few more days before it starts to bounce back up.
Long run for BTTThe chart has consolidated more than 50% of its previous uptrend. A descending trend line is broke and BTT is on a supporting zone. We speculate that it will start a bullish trend and our target is its previous peak which is near 120% return. Take that in mind this is my speculation about the market and EVERY THING against my analysis is probable. So as always I do recommend you to set stop loss for your trades.
BTTUSD 4H (above 0.00510 is buy to get targets)Hello traders,
BitTorrent will prepare some power to start it for going up, because will make good support make it a good tour so now it is a time for continuing to going up, to take targets we attended. but it can be touch 0.0051 because here we have strong support, so don't worry about it.
above 0.00510 is buy to get targets
🆓BitTorrent (BTT) May-13 #BTT $BTT📈BUY
-Buy: 0.0053-0.0057$. SL if B
📉SELL
-Sell: 0.0078-0.0082$. SL if A
-Sell: 0.0107-0.0113$. SL if A
♻️BACK-UP
-Sell: 0.0053-0.0057$ if B. SL if A
-Buy: 0.0039-0.0041$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
BTT Nice For candleafter a sharp decline in btt gets a good moment to go up, the closure of the testing candel below the support has improved, just waiting for you as an investor to buy and buy btt. This is just a personal opinion not a decision for the crowd because it all depends on your judgment.
Bittorrent Chart - Breakout trendlineBittorrent Chart - Breakout trendline
So as you can see there is a big breakout trendline, as soon as it breaks the trendline with good volume we'll fly high.
First target point around 0.01 - 42,3% increase
Normally i won't cover these type of Altcoins, but we can always put in a little money and trade the breakout.
If you take this trade make sure the breakout gets confirmed!
Not financial advise, just an idea do as you please.