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Bttusd

SPOTLIGHT is on BTTUSDC as altseason kicks off to full effect!Target short & stop set on chart as Burkowski’s Adam and Eve double bottom theory coupled with volume index seems to indicate a parabolic surge pending confirmations. BTT is usually one of the lesser Alts (in terms of volume accumulation) so if there is any, usually that alone is in itself a powerful indication of some sort of major priceaction. The double bottom is just the confirmation to validate the initial volume indicator. An amazing opportunity for a quick short as the overall price on BTT is astonishingly low making it a high-risk/high-reward type entry, though the platform in itself (Bitorrent) is well renown && maintains a strong reputation; bear in mind it has been around since before BTC/Blockchain years before 2009. Initially a torrenting service; BTT’s privacy and piracy issues made it the subject of widespread criticism and several class action lawsuits to this day. Nevertheless it has strived on its less-than-ethical business model and this service was born to be on the blockchain its practically written all over it from its very infancy, BitTorrent was clearly an innovation fostered ahead of its time. It is for this very reason that I’m writing about it and posting/publishing TA as I tend to avoid the lower market cap coins with the exception of those certain coins & tokens that have solid whitepapers/roadmaps or are projects I firmly believe will be successful ushering in the decades to follow: i.e. omisego (more on that later) but I digress. Trade safely; set your stop losses. Peace & Love. Disclaimer Market volatility is at an all year high. Technical analysis is always subject to change; never forget that & always remember to set your stop losses. Any projections for figures or targets/TA are solely for entertainment purposes and not to be misconstrued as financial advise. Let me reiterate: this is NOT financial advise!
BShort
by a1mtarabichi
1
Bittorrent with Huge Potential: BTTUSD Bull Case with TargetsBTT was one of the most exciting ICO's of the year, it started with a huge run soon after it went public followed by a 3 months consolidation that ended last months with another amazing rally into new highs... overall it's developing a very promising Bull Pattern. BTT is still consolidating last month's gains, and we should look to $0.0019 as the main resistance, a breakout of this area on the short term would open the door for another rally with $0.0032 and $0.0047 as the main targets (calculated with Fib projection and range projection, using the semi-log scale and the anatomy of the previous rally). On the downside, the short term support stands near $0.001088 and mid term support near $0.0009 , with BTT trading above these levels the Bull Case remains active. Strategy: - For anyone already holding this gem, the long term strategy is simple: Hold and forget it... this will be a multi-billion dollar coin somewhere in the near future... if you want to trade short term, the $0.0019 level will be at least tested and it's possible that it will offer some resistance before a breakout, so it could be a nice short term target to exit those long positions (personally i would not recommend to sell it at any cost... but that's just FOMO). - New long positions would ideally be positioned somewhere between $0.0009 and $0.0011, thats where the risk/potential ratio gets really optimal, but personally I'm not expecting those levels to be tested ever again after a breakout of $0.0019.
BLong
by CoinsOnFire
2