What's up guys. Hope you had great holiday and eveything is all right in 2022! Wish you all tons of profits.💰 Now just let's get down to bizness...
BitTorrent broke up this triangle 📐 and I think there is chance for run to 0.00448 and even higher. Setting BUY LIMIT order to catch the pullback. Planning to take profits along the way as show on chart. BTT ...
after a sharp decline in btt gets a good moment to go up, the closure of the testing candel below the support has improved, just waiting for you as an investor to buy and buy btt. This is just a personal opinion not a decision for the crowd because it all depends on your judgment.
Price Target = $0.3 (June End) when Market Cap of BItTorrent cross $25B
End of the Year Target = $1 (when Market cap reach around 65B)
BTT forming harmonic pattern on 4hr chart (bullish gartley pattern)...BTT trying to break $0.083 resistance and turn it into support to revisit previous ATH and then retest $0.096 or $0.09 area before reaching to $0.017 (new ATH)...
BTT/USDT
-broke bearish below the sideways channel box
-found temporary support at the previous resistance area
-if this area of consolidation will hold
-we could expect a potential retest of the lower box
-technically, the 4H uptrend is now bearish.
BTT/USDT
BTT bounced at the descending trendline support between 1700 areas. If this weekly candle closes bullish green.
We will have a higher chance of forming a bottom and retest the upside trend-line resistance located at 4000 levels.
The stop-loss is below the 1670 level.
BTT/BTC
BTT is starting to show signs of buyers are step-in. Big amount of bull volume, multiple touches of the down-trend line support of this falling wedge (Bullish Pattern).
If price can hold new support at around 440-400 sats in the coming days. I expect potential upward movement as it shows bears are already exhausted to send the coin lower.
BTT/USDT
BTT has finally found the bottom? Too early to say that but there are signs that Whales are starting to step in. 1st thing I noticed is the green volumes that we haven't seen for months.
Potential Double bottom and RSI divergence are also another sign. But the overall price action I'm waiting for is to get above 3500 sats and hold it.
Because it will...
BTT chart is showing the strong upward trend. As per technical analysis , BTT has already reached to its IEO price and it is the best chance to make an entry.
In couple of months BTT can give 50% profit.
Opened a small position on BitTorrent here. Chart looks decent. Declining volume + price & holding key USDT support. Haven't heard much talk about it since the pump back in February.
First target is around 20% from here - 9128. Key support zone marked in blue. If it breaks, I am out.
Follow me on twitter @BruceLeeCrypto to stay updated on my trades.
And as...
BTT
As you guys can see we are looking at a falling wedge that meets us down to a big support at 18 sats. I have orders set at 18 and 19. I am expecting a big move in the coming days.
If you have any questions feel free to look at my page and join me on other platforms. Happy Trading.
