BitTorent – Ride or Die! Trading manual.

BINANCE:BTTBTC   BitTorrent / Bitcoin
Hi Guys!
This is madness. 300% gain in just 3 days. OMG.

We know it is very tempting to buy. FOMO mode on.

But we have to cool down a bit.

Let’s look at the chart and on the indicators.

• We have already finished 1-5 Elliot inclining waves

• We are expecting a correction ABC Elliot waves

• The price should stop at Kijunsen(blue) or TenkanSen(red)

• Weis Waves – there is massive demand and no supply whatsoever

WBM BUY/SELL Indicator (it is our self-made oscillator but we changed the name) - we are totally oversold

• The price gained 300% in just 3 days – madness

• We are observing right now descending volume

Beyond technical analysis:

• This is super-hot coin widely acknowledged by the crypto community

• BitTorrent is a widely known brand

• We are just a few days after ICO

• We can trade BTT on Binance, Cointiger, OKEX, Kucoin, Bitbns

• They plan to cooperate with many more exchanges and wallet such as Bithumb, Huobi, UPbit, Bitbox, Trustwallet and many more

• Each time they will announce new above-mentioned partnership we expect a price spike and hype on the price.

To sum up this rollercoaster.

Technically it looks very much oversold. Fundamentally there is still much potential.

We would wait till the emotions on this coin cool down a bit and re-enter at the dip of the correction phase.

If you really want to enter right now do not forget about setting your stop-loss.

We will make an update basing on our WBM BUY/SELL Indicator.

Thanks for your time and reading.

Post a comment down below. We are curious about your opinion.

WBM Team
Comment: Our scenario is fulfilling
Comment: No clear info regarding re-entering. The supply and the demand are decreasing. Which one will win the fight? We have to wait at least couple of hours.
Comment: Guys! Here it comes. Update on the current situation.

Related Ideas

I thought about same wave 3, but it is shorter than 1 and 5, so it invalidate count. You can check my idea about EW on btt
WBM_Team ArShevelev
@ArShevelev, great thanks for sharing.
Buy again what price ?
WBM_Team putrazetsu
@putrazetsu, there is no clear info about that. Please look at our update.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out