BTT to .0054+ before Monbday?The RSI Indicating a Uptrend may happen through the weekend. We see a Triple Bottom has been created as we are approaching the end of this wedge pattern.
Also we are riding above this resistance & may see a slight pullback before sending us upwards of .0054 as we get closer to Monday.
If we do fall below this resistance .0041 may be our next price target to enter, I would predict a consolidation as we move through the weekend if we do break below the resistance.
Bittorrentflip
004. CryptPigo Play - Long + Quick Flip BitTorrent (BTT/USD)The cryptocurrency landscape is about to enter a very bullish state. Many opportunities will appear over the next two weeks, and I would like to take full advantage.
Aside from just buying and holding Bitcoin, Ethereum, and a few other Alt names, flipping breakouts on high volume is now becoming a very real possibility.
BitTorrent is one such opportunity I see, which has a clearly defined beginning and end - with high volume to get in and out as needed. This last point is crucial because it is nearly impossible to perform such a vanishing act under normal circumstances - there just isn't enough volume to get anywhere close to entering at the bottom and closing at the top.
However, markets will occasionally change their nature in the short term to allow some winning now and again.
The tough part is recognizing these times and having the powder set aside to launch accordingly.
Long it, flip it, bop it, just don't short it with leverage.
- PigTorrent
BITFINEX:BTTUSD
BITFINEX:BTTBTC
BINANCE:BTCUSDT
KRAKEN:ETHUSD
COINBASE:BTCUSD