One of our criteria for BitTorrent to move lower has been met, which was a close below 24 satoshis. So I thought that instead of sharing a full analysis, it is better to share a FULL TRADE (2nd Entry) so that those that missed out on our first and second wave can profit from the next one.
Before we start, let me tell you that our previous trade remains active and...
Spotted beautiful Crab harmonic pattern on this, which also comply to the view of my previous elliot wave count of wave 5 after the correction from wave 3.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
Do know that I appreciate...
Today I have 2 scenarios for you to ponder. Remember that these patterns have a bearish outcome. Details are in the link provided and on the chart, have an awesome day!
This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.
Cryptocurrency is volatile and...
We've been following BitTorrent together since it was first added to Binance, now also available to trade on Bittrex, and I have to say that it has been an entertaining and enjoyable ride.
I didn't share any trades to start, only analyses, but yesterday finally decided to share one with you which is doing good numbers today (Up to 30% profits within 24 hours)......
Our recommended buy-in for BitTorrent (BTTBTC) is sitting at 22-24 satoshis, this is the buy-in range that I gave for our active trade.
Right after I shared this trade, BTTBTC took off and hit two targets for 39% profits. (The first round generated us 130%+ profits)
You can see this active trade here:...
I wrote several updates for you about BitTorrent and its price action.
Without going back to those old analyses, let's look at the chart as it stands today.
We can see an accumulation phase with sideways action.
BTTBTC broke below support (23 satoshis), which is now sitting at 0.786 fib. retrace (orange line), just to quickly bounce up.
Now we can see...