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BTT

#BTT No.16 (update)Currently, short-term excitement is hapening in the market with a lot of fluctuation! we better be carful after this, i guess market would run a good movement! For taking long, wait for breaking the resistance For taking short, wait for breaking the support Attention!!! Don't take any position before the movement of market Before using my chart, let's check my analysis on (USDT INDEX) Comment: USDT > breaking support 4.20 = BTC > breaking resistance 36000 USDT > breaking resistance 4.55 = BTC > breaking support 32800
B
by javanmeh
2
BitTorrent (BTT) token formed a big bullish setupDowntrend line, oversold condition, and EMAs. On the weekly time frame, it can be clearly seen that the price action of Bittorrent has found a down trendline support. Whenever price action is moving at this down trend line support, it is having nice bounce towards the upside. If we take a look at the exponential moving averages with the time period of 10 and 21. Then EMA 10 has crossed down the exponential moving average 21 which is a bearish signal. Because when the small-time period moving average crosses down the bigger time period moving average then it is considered as a sell signal and if the smaller time period moving average crosses up the bigger time period moving average then it is considered as a buying signal for bullish signal among the trader's community. Now if we take a look at the stochastic oscillator then it is moving in the oversold zone for a long time period and the moving average convergence divergence (MACD) has started turning bullish. Previously we had the same signals: Previously in November 2020, on the same weekly timeframe chart, when the EMA 10 crossed up the EMA 21 then we had a very powerful and long-term bullish rally at the same time the stochastic was also in the oversold zone and the MACD gave a bullish signal exactly like we are receiving such signal this time. Symmetrical triangle: If we switch to the small-time period 4-hour time frame chart, then it can be easily observed that the price action of BitTorrent is moving in a symmetrical triangle. Therefore, in order to start the big rally, the price action needs to break out the resistance of this triangle with nice buying volume Big harmonic BAT move: On the weekly time frame chart, the price action has of BTT has formed a big bullish BAT pattern. There is also 50 simple moving average support in buying zone. The buying and sell ranges as per the Fibonacci sequence of this harmonic pattern can be: Buy between: $0.003151 to $0.001824 Sell between: $0.006314 to $0.011062 The maximum extent of potential reversal zone $0.001824 can be used as stop loss. Or the 50 SMA support can also be used to minimize the risk. As per the above targets, this trade has a huge profit possibility of up to 500%, and the loss possibility is 42%. However, we can also use the 50 SMA support in order to minimize the risk.
BLong
by moon333
4
#BTT No.16Signal1: 38.2% profit Signal2: 16.4% profit Signal3: 14.6% profit Signal4: 13.6% profit Signal5: 6.6% profit Signal6: 8% profit Signal7: 10.6% profit Signal8: 0.7% loss Signal9: 18.5% profit Signal10: 0 Signal11: 10.7% profit Signal12&13: 19.8% profit Signal13: 7.2% profit Signal14: 6.1 profit Signal15: 3.1% profit (risk free) Signal16:... For taking long, wait for breaking the resistance For taking short, wait for breaking the support Attention!!! Don't take any position before the movement of market Before using my chart, let's check my analysis on (USDT INDEX)
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by javanmeh
SUN / USD next move up?Facts: - SUN is a TRX Token - SUN is the only TRX token that not had its big run yet - BTT, WINK, JST had their run in 2020 or/and 2021 - Justin SUN... it's his last name (or his artist name) anyways he chooses that one so it's hard to believe this won't have its great moment at some point - It moved up 50% in one day, some kind of an accumulation - since the big dump it recovered by 200% (while BTC only 30%) - a beautiful inverted head and shoulders are about to form In my opinion, SUN is a great investment and will have moves up while Bitcoin is being boring. If not a bear market is looming (what I somehow not believe) this is a very possible scenario.
SLong
by IAAFMM
LONG BTTas with the majority of crypto right now everything has taken a huge drop and BTT is no different. With that being said I like the position that BTT is currently in relative to the current market. BTC has seemingly stabilized a bit around the 40k mark so we should see the alt coins start to run again. I'm looking for BTT to go a run with the market in the near future. However if BTT goes under the blue the I would be getting rid of it. It's currently at it's first major support resistance it is a very strong one so i do expect it to bounce back up unless we see a total market meltdown.
BITFINEX:BTTUSDLong
by imperialblackfx