BTT retrace to ATApassing sma200 in 15min+rising vol+having 100sma in 2h as support+falling behind the alt season =retrace to ata
BTT
BTTUSDT (BITTORRENT) - DAILY ANALYSIS ANALYSIS 🔎
- BTTUSDT is printing the inverse head and shoulders pattern.
- This is a trend reversal pattern.
- A bullish one to be precise.
- RSI is printing a bullish divergence signal.
- Price is testing the inverse head and shoulders neckline resistance.
- There's a breakout potential.
BUY ENTRY ⬆️
- Aggressive (risky): current market price (now).
- Conservative : breakout above the inverse head and shoulders neckline resistance.
TARGETS 🎯
- Horizontal resistance level R1.
- Horizontal resistance level R2.
SETUP INVALIDATION ❌
- Breakdown below the right shoulder's horizontal support level.
BTT - To the Moon! 60% Gains PossibleHello Traders,
We have a few key signals to buy BTT/USDT right now before it takes off.
I'm using/ referring to the 4-hour chart. As I see this take off happening over the next few days for a healthy swing trade set up.
1. Inverted Head n' Shoulders Pattern.
2. Volume increase.
3. Positive uptrend continuing.
4. ULT showing a pullback to the recent supply zone/ Buy Zone.
5. Confirmation will be when the MFI/ RSI enter oversold, which is where I will be waiting to take another trade.
We should see a retracement to recent Highs and upon breaking that, I have other exit points on the fib chart at 1.272 & 1.618.
Also, I've been pretty successful lately using the DCA bots for setups like this one. I set my custom Tradingview signals for when the rsi(7) crosses up above 35 and when the MFI(14) crosses up above 25. I admit, it's not a fast process by any means but if you can have patience, it definitely pays off.
Good luck!
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
BitTorrent - BTT coin Good morning traders,
I don't do much crypto trading but I have noticed a gradual increase in volumes on BitTorrent.
The product is known even to the stones.
The coin/token in question is at an all-time low, the project is working and interesting; BitTorrent includes the streaming platform Dlive where you can do staking and BTFS that allows you to mine using your hard disk.
In short, the growth potential is high but on the other side analyzing the "negative" sides in my opinion the total supply is really high ( 990,000,000,000 bn btt tokens ) so it is "easily" dumpable. In any case analyzing the price it is possible with a little patience to make a 160% from here to the next months ( on the chart I have indicated a possible point of sale ) . having said that I hardly see it going above 0.01 USD in the future but who knows, maybe burning an interesting amount.
P.S I had read somewhere of a phantom collaboration with various large streaming companies including Netflix, but I think it's just hype.
BitTorrent - BTT/BTC | Next try ?Bullish Total2 pattern is completing, and there is Bullish Divergence.
BTT - REVERSE H&S pattern developingBTT coin can reward a lot of %%% if you play it right. Earlier in 2019 it topped out at .00188 which is considerably much higher than .00033
We can see a bottomed out pattern, which could be the head, and the 2nd shoulder curving back upwards now. If this hits the neck line, expect a nice treat.
Are Ready For 20% in BTT ?According to Mr. Justin Sun for the BitTorrent cryptocurrencies next week, good growth can be expected for this currency cryptocurrency. It is important to close the daily candle above 0.0003654 .
BTTUSDT Day trade opportunityHello, Dear subscribers!
Today we present a new BTTUSDT trigger of our automatic Engulfing strategy. The price action of the asset was in a downtrend which is confirmed by a cross of EMA100 over EMA50 at the chart.
The price of BTTUSDT moved down until it met global supportive trend line where engulfing has happened. Bulls pressure increased and currently they are stronger.
As we can see after engulfing was triggered (yellow candle) and we entered a position the next candle went up and currently approaches to our target
$SUN possible scenario if manages to hold above 20$Short term bullish scenario of $SUN if manages to hold above 20$ area
BTTUSDT AnalysisI am currently Bullish about BTT at the moment, while Engineering Robo remains Bearish.
If you are currently holding BTT at the moment, You should consider holding to sell at the uptrend resistance level or with EngineeringRobo sell signals
If you are planning to buy, wait for EngineeringRobo buy signals or buy at the support level (0.00027)
No matter which level you are buying, watch EngineeringRobo signals carefully. If you are wanting to use EngineeringRobo, DM me!
BitTorrent vs TetherUS About To Gain Bullish MomentumBitTorrent (BTTUSDT) is holding strong above EMA50 with increasing volume.
The bears pushed down with no luck...
While prices remained above EMA50, the MACD above zero, the RSI strong with the trading volume increasing/going up.
We are likely to see strong bullish movement develop for this known altcoin.
The next main target is clearly marked on the chart.
This is only the beginning of course...
There will be more and more... The altcoins market is just waking up.
We will have growth/green/profits for years to come...
2020 & Beyond!
Namaste.
BTT ( BREAKOUT CONFIRMED )BTT is created a very good triangle and breakout confirmed successfully, retested the support zone and the time is for UP. Target is 20% up to 150%.
If you like my analyse and if you want to get more analyses from me, please don't forget to push like to this post.
BTT Coin to the moonHello Dears,
As the crypto market is dancing these days, with the expectation of BTC bull run this year
i give you this coin which will give an extremely good return ... its only a matter of time until it breaks the level and run up.
for short trade
im expecting 300%
for long trade
i believe this coin will reach $1 in the future, they have a big and good project.
invest amount: $100
investing time: 10 years - expecting price $0.1
invest return: $21,300
your choice
invest well
have a good trade everyone
Bittorrent token $BTT price movements.Given the current market charactersitics and Bittorrent potential imo the next breakout probability is 65-35 in favor of bulls. Even a flash move towards 0.0008 and 0.0010 is not out of sight, depending on macro factors.
2015 Trend: Sucker's rally followed by cup & handle BTT new ATHWe are seeing a clearer trend of where top 100 alt season will start and reach it's peak.
When comparing 2017 to the doctom bubble, it seems a massive new technology explosion took place 15 times faster than the euphoria experienced in 2001.
When looking at bitcoin's algorithmic hashrate, it seems Q2 of 2019 was a sucker's rally, similar to the one experienced in 2015.
Contrasting today's massive performance on the stocks that survived 2001's doctom bubble after reaching 98% losses from ATHs followed by a slow rise amidst regulation and adoption,
the crypto market is a trillionaire market in the making and the trend should continue as follows:
2013 has been very similar to 2017 in the crypto market.
2014 was very similar to 2018 where a gigantic bloody correction burst the bubble yet again.
2015 saw a sucker's rally signaling a bottom and a future rally potential, just like it happened early January of 2019
2016 Bitcoin had it's second halving, taking it from $185 early January 2015 bottom to $780 June 2016.
As miner difficulty increases and bitcoin becomes more scarce, the block reward will be reduced from 12.5 BTC to 6.25 BTC.
With a pool of 15,700 miners that puts the price of bitcoin anywhere from 16k to 53k around the date of the next bitcoin halving.
(BTC Price: $6,500 x 6.25 = $ 40,625).
Institutional Trading is Heating Up
There is currently only a bit more than $2B in crypto. There was a large study done by JPMorgan, which found out that every $1B that goes into crypto increases the market cap by $50B.
So, this means that the actual FIAT money that went into crypto over the last few years is only 2% of what the total amount of cryptos are worth and that there is only $2.2B in crypto total right now, because $2.2B * 50 =$110B, that’s what all crypto is currently worth.
At the height of the last bull run, there were around $20B in crypto.
Say Bitcoin reaches a $30,000 price and a $240B market cap, we would probably be at a total $1T market cap.
There is only $20B entering crypto needed this year, since every $1B that enters crypto, increases the market cap by $50B.
BAKKT, Fidelity and ETFs could easily add $10B to this, which would make the crypto market increase by 5x alone.
Add small investors, Bitcoin whales and we are at $20B and a $1T total market cap again like in 2017, where we topped out at $800B total crypto market cap.
For bitcoin to reach $100K the market cap will have to be about $2 trillion. This is around one quarter of the market cap of gold and 1/7 of the US money supply. Models based on stock currently reaching bubble levels again after 2001 hints at a second dotcom crash sometime in 2020, some call it the Unicorn apocalypse led by Wework and Uber. This will bring a flow of money to the crypto market like the world has never seen before suggesting bitcoin will indeed hit $100K before 2022.
As of today, Warren Buffet and Justin Sun have supposedly opposing ideas, it could be orchestrated though, while Warren Buffet sits on a pile of cash worth 128 billion dollars, waiting for the tech bubble to burst after 33,000% increases every since the dotcom bubble event, the entire silicon valley, from Elon Musk to Jack Dorsey and even Peter Thiel are endorsing bitcoin. On the other hand, China, Japan and Europe are starting to make moves to ban cash all together and adopt bitcoin. So, betting on Chinese and European projects at the start of December will be a real winner in my point of view. In bittorrent's case, the grand father of peer to peer networks can definitely eclipse Netflix and amazon prime with it's already promising btfs project and 100 million users on board.
I see a clear cup and handle coming up for Binance IEOs on the top 100 alts.