BitTorrent Reaches Bottom? Change Of Trend Coming!BitTorrent (BTTBTC) reached bottom... This is the theme of today's analysis... Let's take a look.
BitTorrent was launched/added to Binance and the opening price was 6 satoshis. Just two days ago BTTBTC hit a new all-time low at 5 satoshis, to me, this marks BitTorrents bottom.
Once you are down, the only place left to go is up.
You can't go any lower than the bottom...
You can stay there for a while, you can doubt you can stop the growth... But once you are down, all that is left is to go back up.
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Trading volume has come to a halt. While BTTBTC remained bearish, moving lower, there is no trading volume.
RSI hit oversold. There are no sellers left and the RSI is already moving up sitting now at 42.
MACD bullish divergence. The bullish divergence on the MACD has been building up since May. We are now seeing a young bullish crossover.
Above-average daily volume. If you zoom to today's candle, the daily volume is going green and above average.
Bitcoin strong drop had no effect on BitTorrent. Bitcoin made a huge retrace, great momentum on the drop for the past three days, yet BTTBTC grew in price or remained the same...
This also happened for Wanchain and QuarkChain, see the charts below:
WANBTC:
QKCBTC:
We reached the end of the road... For now, we buy and reload.
It doesn't matter what happens at this point just buy and hold. Buy and hold, is all I say...
We will see in a few short weeks when the market goes our way.
Make sure to hit like to send over some of your love and support...
We will do the same by sharing more content for you all.
This is Alan Masters.
Namaste.
BTT
BitTorrent/Tether (Aug 21) #BTT $BTT #USDT $USDTBTT looks so bad now. I don't think Holding it at this time is not a good idea.
If you want to buy it, wait at 0.00055$ zone (or lower, but we need to watch much more)
BTT/USDT (4H)We are testing the first zone of interest now, from where last time was over 200% pump. Also price is forming a bullish wedge and RSI is forming a Bullish divergence. Setup looks very bullish. Good luck everyone!
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BTT/USDTStill pushing into the Apex of the wedge, 7654 for the 1st Target(Base of the Wedge) As you can see below the wedge base aligns up with the HVN's perfectly, this could change but I don't think it will, I think we will smash our first target no problem.
BitTorrent/Bitcoin (Aug 14) #BTT $BTT #BTC $BTCAs my last analysis, BTT hit 5sts and now it's going to 10sts and 15sts so far
If you want to buy it, accumulate it in the range of 5-6sts
BTT/USDTFurther looking into this and drawing lines like a mad man, I saw this, let see if it really breaks its downtrend, it's possible.
BTT/USDTFull retrace to 5900 almost time to buy if it doesn't floor it to 3100...Just saying this thing could dip more. Patience is key, I will be following this one closely, IMO $BTT is a gem! Major use case #BittorrentSpeed that's still in Beta, Keep an eye on this guy!
BTTBTC completed bullish butterfly | Upto 160% potential tradeThe priceline of BitTorrent (BTT) / Bitcoin cryptocurrency has completed the formation of bullish butterfly and entered in potential reversal zone.
The RSI is already oversold and stochastic RSI has given bull cross.
From here the price action can hit the sell targets soon insha Allah.
I have defined targets using Fibonacci sequence as below:
Buy between: 0.00000007 to 0.00000005
Sell between: 0.00000009 to 0.00000013
Regards,
Atif Akbar (moon333)
BTT/BTC (Bittorrent Token) 135% Profit Potential..!!BTT/BTC (Bittorrent Token)
- Falling Wedge in Daily Timeframe..(Bullish)
- Volume is Coming so Breakout Expected In 5-6 Days
- Buy Some Cheap With Low Risk & Just Hold it.
Buy Around 5-6 Sats
Sell Targets 9 - 12 15 Sats
Stop Loss Below 4 Sats or According to your Risk.
Timeframe : Daily
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BTT-BTCThe BTC multiplier is almost ready to explode.
This will provide mega gainz in coming time, therefore I am long and will continue hoovering up every dip ;)
Currently waiting for 4 SATS before my next reload.
*DO YOU OWN RESEARCH*
MUCH LOVE <3
BTTUSD: Aug 2019Monthly timeframe.
Expectation for this month is to close the crucial gap and move higher; Otherwise expect another dip.
CORRECTED! $XVG #VergeCurrency Macro Elliot Waves - Wave 3?I had to redo my EW attempt because my original one failed 2 of the 3 Cardinal Rules of EW Theory:
Rule Number #1: Wave 3 can NEVER be the shortest impulse wave
Rule Number #2: Wave 2 can NEVER go beyond the start of Wave 1
Rule Number #3: Wave 4 can NEVER cross in the same price area as Wave 1
I would like to hear your thoughts, comments, suggestions, etc.. and would love to see any long term EW charts you may have of other low cap coins like $HOT, $NXPS, $BTT, etc..
I feel we are at the bottom and cryptos which are in continuous development like #Verge have tremendous promise to change the world.
$XVG #VergeCurrency Elliot Wave Long Term - Wave 3?I am fascinated by EW but I am no expert....or am I?
Care to share your long term EW analyses on low caps like $HOT, $XVG, $NPXS, $BTT, etc..?
BitTorrent Chart Remains The Same (Consolidation Not Over)My lovely readers, you asked for an update for BitTorrent (BTTBTC) so here it is...
As I mentioned in all the messages and comments, the chart remains the same... Here:
Trading volume is coming to a halt, which means that another wall will be broken soon...
Looking at the chart as it is now, it is more likely for this break to happen down than up, but this is no big deal since any breakdown will lead to a bounce which can start the next wave up.
The bullish divergence on the MACD and RSI is becoming stronger. The stronger this signal the more likely that BTTBTC will reverse and start to climb up again.
Without much more to share or say... You can continue buying at these levels, 7-9 satoshis, as much as you want, with your mind focused on long-term gains.
It doesn't matter what anybody says, this altcoin pair will produce massive gains in the months ahead.
If you have any questions or would like to share your thoughts with us, make sure to use the comments section below.
This is Alan Masters...
Thanks a lot for the continued support.
Namaste.
BitTorrent/Bitcoin (July 29) #BTT $BTT #BTC $BTCMarket is so weak and BTT can't pump to 13 as our expect but I also called to take profit at 10-11
Accumulate : 6-7
Sell : 10-12
Mid Hold : 15
Long Hold : 21-27
Stop : 5
BitTorrent (BTTBTC) Breaks Support, A Bullish SignalBitTorrent (BTTBTC) broke its 'opening' support which was sitting at 9 satoshis to hit 8 satoshis as a new low... But why are we calling this a bullish signal?
Before we get started, feel free to hit like now if you want to show your support... Namaste.
Let's get take a look at the chart:
BTTBTC opened trading at 9 satoshis on the 31st Jan 2019, below you can see the long term chart:
After the first impulse wave that reached an all-time high of 37 satoshis, BTTBTC moved down and found support again at 9 satoshis, its opening price.
On a second smaller wave BTTBTC grew by 144% hitting up to 22 satoshis and moving back down to rest on the same level which is marked with a red line.
Yesterday, BitTorrent broke 9 satoshis for the first time hitting a new low at 8 satoshis but quickly bouncing up. We are now seeing bullish divergence showing up on both the MACD and RSI, which is why this can be considered a bullish signal.
If BTTBTC can break and close above 9 satoshis, which is also marked by EMA10, we have our first strong bullish signal... If the bulls fail to move the price higher, then more retrace and we test the next support.
We have an active trade for BitTorrent which requires no action right now, the most you can do is to be patient, rebuy and reload.
Here is the link... We will share a new trade before this one takes off:
Want more frequent updates?
Hit like/follow/comment to show your support.
Namaste.
BTT/USDT (BitTorrent Token) Looks Bullish...!!BTT/USDT (BitTorrent Token)
- Falling Channel In Daliy Timeframe (Bullish)
- It May Test Support Before Bounce.
- Need Crispy Volume For Breakout.
- Last Did Awesome After Falling Wedge Breakout & Now Again Expected Like That.
- Buy Some At Support Area & Hold It For Midterm. (80- 100% PP)
- Stop Loss Below Support or According to Your Risk.
DISCLAIMER:
I'm not a financial advisor and no information provide is intended as financial advice. It is our opinion and nothing more. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due diligence before deciding to invest in any asset. You are responsible for all actions you take as a result of reading/viewing this page.
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BTT USDT possible uptrendBears are losing. If it go upwards, no one can stop this.
Buy: 0.00085 USD
Stop Loss: 0.00081 USD
First target: 0.0010 USD
Second target: 0.0012 USD
Third target: 0.0015 USD
Good Luck!
Do or die for $BTT.We are sitting precariously at a trend line for $BTT. Will $BTT bounce here? Will the negative news about Justin Sun cause $BTT to break support? Time will tell. Keep your eyes on this one! Don't get in a pickle!
Yo boy,
Pic.