If a reversal back upwards in the market occurs
BTT is a good candidate for an altcoin buy
It just makes sense
However if a reversal doesn't come to be, this post will be redundant
Aim for sell at .1 if we go there
Drawing trendlines within the fib circle
It looks like the early times of support being established from a previous trendline
I think this coin could go big in the long term, it just needs time
I hodl BTT
Idea above shows true potential
BTT's bullishness in the last few weeks have had lots of investors curious to see if it will go parabolic with the latest updates that were announced... And at this stage still might will. But the last overhead resistance will prove that to be a tad of a challenge.. expect a midterm baby step climb process... So grab a pillow and hibernate. Gonna be a loooooooooooong wait.
As we can see, after breaking its downward trend, the price is gathering strength to start a strong climb.
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart.
Beautifully reached the first goal and is going to the second goal
Technically it is not a painting, learn it and use it.
45% profit in four days
Projects led by Justin Sun are great and promising projects
As we test a critical resistance, what may unfold next is a Pullback towards the previous resistance. From there we will either do a Touch & Go (creating a Higher Low) to try & get on a Bullish Run
We may fall below this resistance testing the previous Demand Zone & consolidate as we move through this week into the weekend.
Positioned or 'Perched' atop the channel
This to me is a great entry point for both the coins
as seen on WRX the last time (green oval) price touched the top, it mooned. Will this repeat?
I am long BTT
As you can see, according to the chart above, this digital currency was able to move upwards from its downtrend channel by a very powerful full-blown candelabra, and we expect it to grow well by setting targets by completing its pullback.
If you are planning to enter, it is recommended that you enter in the range of 0.002177 until the current price because it is...
The recent drop has caused this expansion of the channel
What will be the repercussions?
This pair consists mainly of low cap altcoins, we may see huge growth in low cap altcoins soon,
I assume this because the channel is extremely stretched and has extreme room to move
An alternative scenario is we see the death of some low cap alt coins
Its one extreme or...
after bearish movement into low support, bittorent bounce back into correction, it cannot break under 0.0024 usd. if the pattern confirmed, in my opinion if bittorent could break the key resistance, it could return into the bullish pace as predicted, could be 1 cent in 2021, or could be more.