NOTE: These are just my opinions. My messages or chart analysis are NOT intended as a recommendation to buy or sell any cryptocurrency or asset. Do Your Own Research.
** NO POSITION , NO COMPENSATION **
Hello dear crypto friends, hope your Wednesday is going well! :)
BitTorrent has doubled since its listing from .5 to .1 and is currently inside this Daily EQ around the ranges of 10,5 & 8,3 if we take the important candles & wicks. We currently have the 3rd Doji on the Daily at the bottom support.
For the case this breaks bearish, it's not very interesting...
$BTT doesn't look to healthy at the moment. But if 8300 holds, we'll probably see a pull-back to at least 9100.
Chance for a quick trade with good risk to reward.
Bullish divergence spotted on the hourly on both RSI and MACD.
He made the downward movement in the trapped triangle. Everyone was expecting upward movement. BITCOIN failed to collect its strength.
He needs to get a little further down and get power.
BTT/BTC parity Good Entry Point 17-18.
Is not investment advice.
Two reasons why I think $BTT will explode:
1. Justin Sun & CZ are hyping the coin: Buy the Hype
2. $BTT Binance Trading Competition = More Volatility = More $$$$
The Motive Wave has already started on $BTT and we are currently in the begging phases of the impulse wave . Always remember the following:
Wave 2 always retraces (gives back) less than 100% of...
