alanmasters

BitTorrent Is Reaching The End Of The Road (Action Soon!)

BINANCE:BTTBTC   BitTorrent / Bitcoin
We are active with a full BitTorrent ( BTTBTC ) trade for over 333% profits potential, and looking at the chart right now it seems that we are reaching the end of the road. Action can start at any time, so get ready... This is a friendly reminder.

Before we get started, make sure to hit like... And here you can find our FULL TRADE for BitTorrent:
Thanks a lot for the support... Let's continue with this analysis.

BitTorrent ( BTTBTC ) Getting Closer To Action

  • BTT was added to Binance on the 31st January, this same day it reached a peak at 18 satoshis and then started to retrace. BTTBTC retrace ended on the 2nd February at 12 satoshis, soon the first bullish wave started.

  • The first wave reached an all-time high ( ATH ) of 37 satoshis, we enjoyed this wave completely and generated massive profits, after which a strong correction took place that has been active until this day.

  • Today we are seeing BTTBTC hovering around 12-13 satoshis, the same low that was hit on the 2nd February before the first bullish wave.

  • I've drawn a descending channel (low + trendline ) and we have reached the end of it, so a breakout is very likely to happen soon.

  • We are seeing bullish divergence showing up on the MACD , this is marked with a purple arrow. As well as a bullish crossover.

  • The RSI also hit an all-time low recently at 30.
    Looking at the bullish divergence , the end of the triangle and the 12 satoshis support holding, can tell us that BTTBTC will have a breakout soon. It can still break to the downside, but the bullish divergence tells us otherwise.

    In the case of a break to the downside, everything is still great, no worries, as a bounce is very likely to happen in a matter of a few days.

    If you want more information on BitTorrent, check out our full trade.

    Thanks a lot for reading.

    This is Alan Masters.

    Namaste.
Comment: Do you want to see an analysis for BitTorrent vs Tether (BTTUSDT)?

If yes, leave a comment in the comments section and hit like, if enough people are interested I will do it.

Thanks a lot for the support.

Namaste.
Comment: BitTorrent (BTTBTC) is showing some volume, just getting starting but good to notice. 12 Satoshis held nicely so far:

Comment: Actually, it looks like 12 satoshis is going to be taken out... No big deal as mentioned in our analysis above.

We wait patiently.
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If this buy hits, lifetime access here I come.

Namaste Alan
+2 Reply
alanmasters misterjimster
@misterjimster, Namaste brother.

Thanks a lot for the support. :)
+2 Reply
We dropped below 12 satoshi's how low do you think this could go?? The previous low has been broken...
Reply
alanmasters Silversays
@Silversays, Check our full trade for BTTBTC, this is no big deal and completely within our calculations.

You can see it here:
+2 Reply
BTTUSDT ! You is my number one!
+1 Reply
alanmasters marcosfelipecfbr1
+1 Reply
12 Sats broke :) Be careful! If youre long (longterm) dont freak out and sell. I doubt (as @alanmasters has said) we will be below 12 sats for that long...
+1 Reply
alanmasters jack_hartmann
@jack_hartmann, Thanks a lot for the reminder...
Reply
It is very possible that BTT goes down, it is not seen that it has strength to go up yet.
Reply
alanmasters Coin_Future
@Coin_Future, Going down is not a problem, how far down can be of interest but still we will bounce up soon after.

It all depends on time expectations. 1-2 weeks, 4 weeks, 3 months, 6 months?

If you focus on 3+ months then this should be an easy call.
+3 Reply
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