Downward trend is broken (It's better to wait till tomorrow but it's already seems OK)
BTT is also in support zone , there are several supports (like 200EMA or static/dynamic support...) witch make it even more interesting.
I expect BTT to act like WINK
The first goal is 0.005 and the next one is 0.009
The failure of the triangle on either side will determine the bit torrent trend
Given the current market conditions, there is a possibility of a correction
If reach the shopping area, I will buy in two steps.
If break the triangle roof with a powerful candlestick, I will buy it in Pullback
target set by Fibonacci
rsi can announce the breaking news sooner
An Idea for BTTUSD and BTTBTC
Assuming this is a triangle formation and not just a double top
A bull breakout upwards will occur (indicated by arrow)
BTTBTC has reached a level that has previously been a support point twice in the past
Lets see if it hodls again for the third time
I am long BTT
With how BTT is preforming now I think its safe to assume at this point in time we're gonna see a LOOOOOOOOOOOOOOONG consolidation phase stretching to as long as 2-3 years until the next halving bullrun... Lets hope you weren't like me and bought the top hoping for that one god wick that never came... So if you wanted to start collecting those sweet BTT coins,...
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
BTT is now in the good support line. And also the rsi divergence is bullish.
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*NOTE: THIS CONTENT IS JUST AN IDEA. TRADE AT YOUR OWN RISK, PLEASE.*
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.
Large version of this pattern resulted in a bullish breakout
The smaller version of the pattern is in the beginning stage of a bull breakout
BTT is bullish
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.
(DYOR)
The RSI showing us coming fresh off a Head & Shoulders which most of you may already know it typically leads too a spike in said direction. Which for us is very Bullish.
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
been eyeing this one for a long time, it's poised for a wave 3 impulse on a higher degree.
this one is going to be a game changer in my opinion - a life changer for some.
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...
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
