Bittorrent (BTT) Hidden Bullish Divergence Daily ChartAlright folks so my last BTT idea was closed out due to the recent market sell off. I have now updated it and it is looking even better. The red line indicates the failed trend line from the previous idea. Green line indicates new trend line and also forms a symmetrical triangle. I have posted the measured move ASSUMING it breaks out exactly at the apex. So this is going to be a conservative measured move as sym . triangles tend to break out 75%-80% through the structure.
Hidden Bullish Divergence: As you can see from the RSI , we have a lower low in contrast to the higher low we just witnessed in the last few days. This dating back to the beginning of our run, starting in Jan-Feb. GREAT for long term traders.
Fib Level analysis. As you can see, we wicked down to the .786 which is actually great. We were able to truly shake out some weak hands and get our BTT at a cheap price. Now we are looking for a candle body close right smack dab on the .618. This would be a truly ideal scenario to continue our bull run.
Elliot Wave perspective- I believe we are entering our third wave on a macro level. So ideally, we would want to the next wave hit 1.618 fib level. This would put us at JUST ABOVE 2 cents.
Conclusion: This is a daily chart analysis. Allow these positions to play out over the next few weeks. Take profits at previous high and also 1.618.
BTT
BTTUSDT -- Pump Chance Now Hello All Trader's — Hope You Be Fine .. And Be Alwayes In Profit ..
🎴Currncy : BTTUSDT
🎴Time Frame : 1 Hour
🎴Tools : Trend Line + Support Area
🎴Describtion : Break Out Done For The Trend Line And We Have Some Pump Soon
🎴Main Diriction : Up Trend
Thanks For Read My Analysis ♥️
BTT Bullish Triangle on 1h timeframeBTT starts Bullish uptrend after it broke up its upper line of hourly triangle.
Entry: 0.007200-0.007600
Targets:
1) 0.007800
2) 0.008400
3) 0.009300
4) 0.010500
5) 0.013600
6) 0.015000
🔥 BTT Triangle Break OutDuring almost all of April, BTT has seen weak price action and consolidation. After the BTC sell-off of last week, it appears that bullish investors have found BTT again.
Early this morning, BTT has broken out on the top side of the triangle drawn on the chart, potentially starting a new bullish push upwards.
Wait for a small pull-back before entering the trade.
Happy trading!
BTC.D 🧩Hey hey my friends 👋
Lower low on price action with a higher high on RSI is a bullish divergence, expect a pump in price action which will give altcoins a pull back, maybe consider taking some profits from positions in the green or moving stop loss into profit areas 🧩
BTT / USDTIf the correction wave ends at the green box, then we can imagin the red boxes as our targets.
BITTORRENT: BULLISH IMPULSE TRIANGLE PATTERN - LONG SETUP 🔔Welcome back Traders, Investors, and Community!
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YFI/USDT SEARCHING...🛰Hey hey my friends 👋
IF YOU MUST trade be quick about it a quick 10-12% here with possible double bottom in a falling wedge, if you can pay attention to the trade... quick pop up to the support it broke is the target 🎯
❗️HIGH RISK❗️
FIL/USDT YOUR CUP UP🥤Hey hey my friends 👋
Looking at FIL here a nice consolidation period we are almost ready to buy the breakout..copy my charts and SET YOUR ALERTS❗️❗️❗️
You can enter here aggressively with a stop loss below the triangle if you want, safest trading strategy is buying the re-test of the breakout which i will be going over in my paid content soon! 💸
BTTUSDT : Golden opportunities for buyersAlt Season!!
It is the best and most promising currency under the Theron network.
Let's take this network seriously.
