BTT (BitTorrent) Elliott Wave...!! #BTT BitTorrent (Update)
Looking Awesome (EW View )
It Can Take Some Time But Has Big Gain Potential..
So Keep Your Eyes On It.
Targets Are Mentioned In Chart
Hit Like On Idea For Our Motivation..
Thanks
BTT
BitTorrent Might Not Hit 15 Before Next Wave Up (Full Update)BitTorrent (BTTBTC) has been holding really nice. Our first wave led us to 120% profits (grow from 10 satoshis average buy-in, all the way to 22 satoshis peak price).
The retrace stopped at 16 satoshis on the 30 May, which is ~27% below peak price.
If you follow Alan Masters, you know that we rebuy and reload on the retrace 15-35% below the peak price reached. Taking this rule of thumb into consideration, we are looking at the 15-18 satoshis range for support before the next wave. (We are in the support range before the next move... This is where we buy-in, rebuy and reload) .
Now, this is for more experienced traders, so if your head is already spinning remember to just buy within the recommended buy-in range, collect profits as we move up and simply wait patiently.
BitTorrent (BTTBTC) 16 satoshis support has been holding for multiple days and trading volume came to a halt. We have strong resistance at 17 satoshis and strong support at 16.
We are expecting a drop to 15 satoshis before BitTorrent moves up but this might not happen. It seems that too many people are waiting for it to go lower to buy, so not many sellers, it might move up from here.
The lack of volume in the last few days is pointing me in this direction.
When you look at the 4H time frame, there are signals of support holding with the RSI and MACD starting to diverge.
This chart shows the potential scenarios:
So it is easy to rebuy and reload here with the anticipation of the next wave.
We are already in and in great profits... So this is all an extra for us to load up and earn even more.
You can find our full trade for BitTorrent (BTTBTC) by clicking on the image below:
And if you enjoyed this update and would like to see more. Make sure to hit like to show your support.
Namaste.
ADA/BTC looks BAD from my view. A Bearish symmetrical triangleLong above green
short below red
simple imo. I do think we can see a huge downside SHOULD this triangle play out.... its not over yet. we can break up now thus, invalidating that triangle.
BUT if we do finish forming this Triangle, we should fall
BitTorrent Remains Strong After 120% Profits: Analysis & UpdateWe are now giving another look at BitTorrent at the request of one of our great supporters.
First let us say, as usual, that there is no action to take after we buy in (at our recommended buy price) other than wait for the targets to hit to collect profits.
You can sell as much as you want at each target. For example, I am pretty sure that many people sold everything at 20-22 satoshis, to buy back lower, while others sold only a portion (like me), with the intention of selling more at higher targets for different reasons.
Others didn't sell at all, while some others are yet to buy in.
Each of us can choose or build our own strategy based on personal preferences that fit our lifestyles... Let's get to the chart... So feel free to hit like now to show your support... Thanks a lot!
BitTorrent (BTTBTC) Chart Analysis
Here we have the daily chart, this one still looks pretty solid.
The blue dotted down (uptrend) is still intact.
BTTBTC remains bullish for me as long as it remains above EMA100 (17 satoshis), a close below this level can send it lower, to 15 satoshis, but always with bullishness in mind, meaning, if BTTBTC moves lower it will later bounce and move back up, just like when we were looking for a low but now the retraces are going to be shorter.
I am not seeing much bear pressure, so this level might hold.
Either way, we wait patiently... Because patience is the key.
Looking at the 4H time frame, the main chart above, there isn't much strength on the drop, no volume... So bears need to follow up if they want to move BTTBTC lower.
BitTorrent can also choose to resume its uptrend anytime...
The arrows are there only to show potential scenarios and direction, not specific time frames or targets (resistance/support), these are always shared in the numbers, not the chart.
To see BitTorrent (BTTBTC) full numbers, make sure to click on the link below:
This is it for now, if you have any questions or want to show your support, use the comments section below.
It is my pleasure to help.
Thanks a lot for all the love.
This is Alan Masters.
Namaste.
THIS IS NOT FINANCIAL ADVICE. ALL INFORMATION SHARED FOR ENTERTAINMENT AND EDUCATIONAL PURPOSES ONLY.
BTT - have you tried using the ptchfan?I’ve never used the pitch fan before, so this is purely speculative on my part - more so than usual, anyway.
I’ve noticed how the lines seem to hit the retracement I was eyeing on this particular chart. So, once I saw support there, I entered a long position. So far, so good. Let’s see how it plays out.
Anyone out there have experience with the pitch fan that they wouldn’t mind sharing?
$BTT has just startedBitTorrent has just started, looking as a bullish ascending triangle, broke, going up to new long targets, also don't forget the Justin mighty Sun hype, he's doing a great marketing job, of course it will pull some whales.
Always DYOR, trade safe, let's see if dis works.
BTT Update : Where To Go NextSince we have been asked by many of our followers to give yet another update on BTT here is what the charts are saying.
#BTT_Update
It seems BTT is still in favor of the bulls and didn't confirm a start of downward trend or correction.
Notes
- EMA still below the price which indicates that we are still in an uptrend.
- Trend channel still in progress and didn't confirm that it starts a downward move since we are still in the blue trend channel as shown in the chart.
- MACD still didn't confirm a downward move but might give us a clue in short period of time.
- RSI is actually in an average area and is actually in the bears favor according to its direction.
Possible scenario's for now are we might see a correction between the level of 14 sats and 15 sats or we might see another leg up on a reversal move. To confirm we still need some time and see what the indicators will give as though.
#BTT_Update#BTT_Update
Sure BTT is one of the undermined or else abandoned crypto assets at current situation. It showed it can give a good profits in the future recenetly and surely the team doesn't simply kept sitting. They must be doing a lot of jobs to make it better since it do really have the opportunity to become one of the most highly effective use cases of the crypto world. We have updated BTT's move yesterday and we have said that we need further confirmations for predicting a good outcome of the coin both for the short term. We will try to see our predictions on it for the short term on this update.
Volume : Volume is looking flowing out from BTT and the hype it gets last week is drained out for now. And we need some enormous amount of cash to get in to this trade to see a good moving momentem.
RSI : RSI is on an oversold area comparing it to last month's move and is further showing a bearish trend coming up.
MACD : MACD also on favor of the Bears for now showing a downward move and need to reverse to get BTT back up from its sleeping momentum at the time of this post.
Other Indications And Forecasting Tools
EMA is going above the price currently and need to slow down to see BTT going upwards again.
Double Top Pattern : Even though it is very difficult to decide the double top pattern in most cases since we have to see whether the nearest support is broken when the candle closes or not. By this we can't be sure about this for now since we didn't still closed the daily time frame but it seems it is developing the a double top bearish pattern.
Trend Line : The created support line starting from May 14's reflex point is also breaking out by the trend and big cautions needed.
Conclusion
It seems we are in a bearish trend development for now and we need to be cautious on our trades. If the Double Top Pattern is going to be confirmed by closing below 16 sats it surely will see some downward move for now for a correction. By this if we recommend you use a strict stop loss managing system for the trade and wait till the above mentioned confirmation points are fulfilled.
We willl give more updates when trend is confirmed on the close.
Don't forget to drop a like if you agree or to give your comments if you don't agree with this idea.
With Regards.
Team TWA.
Bittorent - Congratulations! Almost 100% in 2 weeks.Hi Guys!
Congratulations if you managed to buy BTT for around 11 sats.
It gave us a super profit of nearly 100% within just 2 weeks.
Right now a volume is low and the interest is decreasing.
We will get back to BTT as soon as the
Bittorrent – the only way is up from here – 360% gain possibleHi Guy!
We are sure you know Bittorent well.
They had a successful ICO gathering over $7 mln during bad times on the market.
Its max was at 36 satoshis .
Right now we touched the bottom which is the lowest market price ever – 9 satoshis .
It is highly likely we the price will burst .
Tech analysis details:
• The price is about to cross MA21 on the daily chart
• Weis Waves – there is almost no supply – all we need is more demand
• The bullish pattern identified – falling wedge
Targets to achieve:
1. 20 sat
2. 25 sat
3. 32 sat
4. 36 sat
This is a matter of time when it bursts.
It will happen abruptly and will last only for 2/3 maybe 4 days .
Be ready. Stay patient .
Thank you for reading and your time.
We appreciate your likes!
What are your feelings? Please do comment down below.
Massive Hugs!
WBM Team
BTT Hype not necessarily overJustin Sun made his "big" announcement today, and per usual, the rumor caused a price spike on BTT as well as TRX the other day.
I'm still bullish on BTT; call Justin Sun what you will, but his marketing is brilliant. I like to think the product he puts out is at least half as good as his marketing, even though I constantly see many people bashing him on Twitter and writing Tron and Bittorent off as scams. He's a go-getter. Literally nobody else in the crypto space (to my knowledge) has even attempted to try to knock some sense into old man Buffett. Being the legend he is, I'm so surprised that for all this time he's been crapping all over Bitcoin, but somehow thinks there's a future in Blockchain - "Blockchaiiiiiin not Bitcoiiiiiin!"(Shout out to the Crypto Lark for the lyrics)
Imagine for a second that Justin Sun becomes a main catalyst for mass adoption. You'd get at least one "banana town" out of Carter Thomas, that's for sure.
Whether you think we're just about to enter another crypto bull run in the next two months or think it won't happen for another two years, Bittorrent is going to be Yuge. Mark my words right now.
For the immediate short term, I'm waiting for this down channel to play out, and will obviously be looking for a breakout at the top of the channel, contingent upon seeing an increase in bull volume.
If you've been riding this BTT wave for the past two weeks now, awesome. Lots of fun. I'm always trying to find diamonds in the rough to add to my portfolio, if nothing else, for the thrill of it possibly going huge.
In this case, I think BTT has ridiculous potential. I've had a lot of fun in the past week, and the chart is looking good.
Never financial advice; I'm just another dude talking about crypto on the internet! Deuces!
TRX could move soonWe are into the storm, trying to break the major resistance. The one who bring us to 2000sat and the one who make biggest pump when breaked. As we can see, 3 on the 5 biggest candle on chart.
We have 3 green candles, good strenght and good volume which increase this week than the later.
I expect (no, I hope much more) to break 435 theses coming days, then rise to 730 fast and finally making new high for my birthday end of july.
Let's see what BTC will do itself.
Btt/btc analysis Buying zone : 9~11 Satoshi
Target: 15~18~21
Stop loss close one candle 1d below 8 Satoshi
BTT : Upto 100% Profits for the Mid TermRSI : 63
Volume : Interestingly increasing by the last 3 days.
Correction incoming by the following days. It will be a good opportunity if the 2nd wave correctional move created as depicted. Need to breakout and close above the channel's resistance line depicted in red to confirm a bull trend continuation.
Accumulation Area : 12 sats - 14 sats
Distribution Area :
Target 1 : 15 sats
Target 2 : 18 sats
Target 3 : 20 sats
Target 4 : 23 sats
Target 5 : 27 sats
Target 6 : 32 sats
Stop Loss : 8 Sats
*Hodl this with patience to get a good profit.
Capital Accumulation : 3%
Risk : High
justin sun phd pumponomicsmight as well go all in. expecting another 10x minimum. dead serious. but will cut half after 50 sat dollar equivalent.