We are looking at BitTorrent once more and comparing the different pairs, BTTBTC vs BTTUSDT, to better gauge its profits potential.
We concluded that BTTBTC can go much higher... This is all really simple. We know that BTTUSDT started to move first (chart on the right) and went on to produce a new all-time high on just two weeks of bullish action.
Looking at the right chart, even now the BTTUSDT is incredibly strong... Also notice that it went above the 1.618 Fib. extension and it plans on going higher.
On the left side we have BTTBTC and this pair is following BTTUSDT. If we go by these numbers, BitTorrent should generate at least 500% profits from our recommended buy-in to peak price at 60 satoshis. From the current price (20 satoshis) this would be equal to an additional 200% profits. (500% total profits from our recommended buy-in to this projection)
We are also looking at three consecutive green candles on the weekly time frame, left side, for BTTBTC, which is a strongly bullish candlestick pattern and will confirm if the week closes around 20-22 satoshis or higher (this can vary if the price goes too high and then retraces but this is a general idea now).
We are selling our BitTorrent only after it reaches a new all-time high! (We trade with patience, we trade for long term profits). (Remember to have a plan and secure profits on target).
What's your take on this? Please make sure to hit like now, if you want to, and share your thoughts in the comments section below.
Second leg of the pump done and micro bearish trends forming, short-term outlook in this upwards trend. However, $9,000 might act like a magnet for the price
AlanSantana
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@CopilotThe, Thanks a lot for sharing, nice chart.
CopilotThe
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@alanmasters, Thanks to you for sharing all this great content!
AlanSantana
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@CopilotThe, It is my pleasure, thanks for the comment.
MCuong2332
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Tks for sharing
This my chart, done again
I posted 33 chart and just fail 3 chart. Leave a comment and like and follow