As promised, here is a full trade for the BitTorrent pair BTTBTC.
This is a long term trade so patience is recommended.
Our strategy here is very, very simple and can work for everybody, let me explain it quickly:
Buy and hold (wait patiently for as long as necessary, patience is key). This is the first step.
Set your sell orders on target to collect profits...
In our previous analysis, we mention that a breakout is imminent for BitTorrent (BTTBTC), there isn't much time left, and looking at the chart now is telling me to double up on this call... You can read all about these signals here:
Looking at the chart now,...
A few days ago, i have published a idea of ethereum.
Yesterday, 20.04.2019 Daily Ma50 crossed up Ma200 Movinge Average.
That is very important.
Ethereum has a big potential to increase.
On 20 January 2020, Ethereum Might Be 8000$
1- Btc will increase
2- Ethereum needs huge update for scalibity and real life bussines life.
In this idea we will discuss several possible scenarios of price move, formed support and resistance and also we'll take a look at the exchanges data about long and short positions opened.
After the previous week's pump, strong volumes appeared on the market, so candle volatility became much more higher. Our team loves volatility: stronger pumps - higher profit!...
BitTorrent (BTTBTC) Has now retraced fully to the 1 Fib. retracement support level from the last bullish wave.
This level is marked by 13 satoshis and was tested twice, on the 11th and 12th April.
There is no volume on the decline, which is signaling towards the completion of this retrace. I expect BTTBTC to be a big earner for April 2019 and beyond... Volume is...
The way I see it, this is either a broadening wedge or a falling wedge. The difference is that if this is a falling wedge, we might be approaching the falling wedge resistance to around $3740 which coincides with a 38.2 fib retracement to the 29 November high. There is also bullish divergence on the 1H MFI so expecting a move to $3740. We either then have a strong...
Here is my trading idea about XRP for short terms profits. After that huge bull run and a weekly candle closure below 0.47, we will definitely see a break of the support trend line which will bring us to the $0.34 support. It will probably break this $0.34 support and fall further more. We need this pullback before starting the real bullish movement and get...
I promised a BitTorrent (BTTBTC) full trade for all of my great Trading View readers, supporters and followers, and I will have this trade ready for you on our next BitTorrent post, but first I'll be sharing an update as requested by many of you.
Let's get started... BTTBTC:
ZERO VOLUME. The most important detail to look at is the volume. We have zero volume...
The previous BTC idea worked out perfectly: the market pumped from $5200 to $5650 and faced the resistence there. If we look at the market globally, we can notice that the price fixed above the previous highest level, which tells us about strong bullish mood. That's why the price keeps above $5500 and doesn't go back. On the other hand, today for the very long...
Let's start with the fact that the price couldn't break the resistance of the triangle, so we saw a false breakdown of $5300 level. After that the price went to a new support at the new market. Now $5080 - $5100 level is the resistance. Thus, if market can break through it and consolidate around $5150 - $5200 zone, it would be wise not to short BTC. However, if...
Bitcoin sitting at triangle apex. Could break either way but looks like a bearish pennant to me which could take us below our weekly SMA200 before Christmas. We have hidden bearish divergence on the 3H MFI so this could break to the downside. TP targets set by using 138.2 and 161.8 fib extensions from the pole height and height of the pole itself taken from the...
While we wait for BTC to make up its mind on where its headed, lets take a look at ETH.
From here it appears there is no clear resistance until ~256 level.
Should be interesting to see if it makes it there, and if we continue through resistance upward.
From the ashes of DETH.
Ripple (XRPM19) just had a very strong bounce after hitting a low point on the 13 May. This wave treated us nice with great profits as we bought around 0.00004400, we believe that there will be more.
Ripple (XRPBTC) is almost always moving down when Bitcoin (BTCUSD) is moving up, but now we are seeing both Bitcoin and Ripple moving up simultaneously, another...
Ren (RENBTC), available on Binance, is getting ready for action. It might take a few more days of consolidation, maybe 2-3 weeks maximum for a strong move... We will see how this one goes.
Enjoy the trade.
Trade: Ren (RENBTC)
BUY: 0.00000395 – 0.00000425 (410)
NEXT SUPPORT: 0.00000340
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