Buy BTT/USDReady for the complete the pattern and then price need to reform for new long wave.....Bonn ChanceLongby amin.izadi43
BitTorrent Price Analysis BTT / USD: Shelter From The StormFundamental Analysis BitTorrent reports gains prior to the launch of its testnet today. The project sees itself as the “first major use case of blockchain by introducing the concept of cryptocurrency to 100 million users.” Although, the project does have a large user base, the success of blockchain integration to its platform is still questionable. Nevertheless, the launch will likely attract interest from speculators. BitTorrent / USD Short-term price analysis BitTorrent has a bullish short-term trading outlook, with the BTT / USD pair recovering back above key support on the four-hour time frame. The four-hour time frame continues to show a head and shoulders pattern, with sellers so far unable to move price under the neckline of the bearish pattern. Technical indicators on four-hour time frame remain bullish and continue to generate a buy signal. Pattern Watch Traders should note that a bearish double-top pattern has also formed on the four-hour time frame. Relative Strength Index The Relative Strength indicator on the four-hour time frame is bullish, although it is now in overbought territory. MACD Indicator The MACD indicator on the four-hour time frame is bullish and continues to generate a buy signal. BitTorrent / USD Medium-term price analysis BitTorrent has a bullish medium-term trading bias, with the BTT / USD pair performing a breakout above key trendline resistance. The daily time frame is also showing that the BTT / USD pair has broken above a descending price channel, with the current 2019 trading high the overall upside target of the bullish breakout. Technical indicators on the daily time frame are currently mixed and proving conflicting trading signals. BTT / USD Daily Chart by TradingView Pattern Watch Traders should note that descending price channels are typically considered to be bullish patterns. Relative Strength Index The Relative Strength indicator on the daily time frame is rising and shows scope for further upside. MACD Indicator The MACD indicator on the daily time frame is neutral, with the MACD signal line and histogram both flatlined. Conclusion BitTorrent has performed a much-needed move to the upside, moving the cryptocurrency away from an area of danger over the short-term. The recent breakout on the daily time frame will need to continue in order for bulls to negate the bearish pattern weighing on BTT / USD pair’s in the short-term.by CryptoBriefingTA4
BTT the best signal to buy RSI has hit the previous support zone of 43. If BTT increases, it means that the uptrend channel is formed and we can find buying points. Target level: Top channel of 100% / fibonacci trend channel ***Note: The target score will reach when RSI returns to the old 79-80 levelLongby AnnaKim3314
BTT/USD breaking out of downwards channelTRX is also feeling this pump mainly from the Justin Sun/Warren Buffet media exposure. Seems that this is a safe bet to the moon. Not Financial advice, just an idea.Longby olserut2
BitTorrent about to moon ?Could BitTorrent be about to breakout past the moon deep into the Milky Way ? Not financial advice, just an idea.Longby olserut113
BTT easy 2-7 day play, confirmed breakoutBeen watching BTT/USD since the morning, has confirmed an upside breakout with closes above the wedge on the 4hr. Easy trade setup. May retest ATH (a little below), or shoot through. Either way very little resistance we will have to see how much demand can be hyped up by mr hypeman justin sun. Trade active Bought at 0.00117 TP1 - 0.0014~ TP2 - 0.0017~ Longby JesusHentaiChristUpdated 5
upside down head and shouldersrsi seems to need to go lower before next push up. wait to buy. stay safe. not financial advice.by jsea5
extended 13 on the daily for BTT and market is bullish....nice setup for some upside.Longby W3rN0tAl0n39
btt broke down but...btt clearly broke down then tested the previous support as resistance. looks very bearish. only saving grace might be the bullish gartley. stay safe. not financial advice.by jsea4
BTT due for a leg up or it's just going to collapseWe can see it's been trading in this broadening wedge. IMO, if this doesn't go up soon, it will be rejected from the wedge, and we may see a collapse. RSI looks oversold - bullish Volume not that bad - neutral Approaching bottom of ichimoku cloud - bullish Overall bullish but may break down if Bitcoin does. Stay SafeLongby jsea5
BTT/BITTORENT - A STEP FURTHERBTT slowly climbing up. I am aiming at the Fib target.Longby tommyelltom6
BUY BTTCrypto like BTT is lacking in history so it is hard to build an analysis for. Reasons for Buying: There's been recent news, google it. Cheap coin to invest in. Scaling with TRON (TRX) This is more of an investment call for a longer period of time. Personal Opinion (Not a highly credible Crypto investor)Longby NDrewTradesUpdated 3
BitTorrent will blasts soon.BitTorrent (BTT) will shocks everyone soon. the price is above ichimoku cloud. this is a strong bull signal. get ready for over 1000% profit.Longby taktip141422
BitTorrent Price Analysis BTT / USD: Smoking HopiumBitTorrent / USD Short-term price analysis BitTorrent has a bullish short-term trading outlook, with the BTT / USD pair moving to its all-time high. The four-hour time frame shows that the recent strong advance in the BTT / USD pair has now invalidated the bearish head and shoulders pattern. Technical indicators on four-hour time frame remain bullish and continue to generate a buy signal. Pattern Watch Traders should note that the bullish breakout on the four-hour time frame has yet to reach its full upside target. Relative Strength Index The Relative Strength Index indicator on the four-hour time frame is bullish, although it has now reached extreme overbought conditions. MACD Indicator The MACD indicator on the four-hour time frame is bullish and continues to generate a strong buy signal. Fundamental Analysis BitTorrent gained its momentum after Justin Sun has “announced” that the coin will be in top-30 on Coinmarketcap during Q2. Moreover, Sun has also tweeted today that they have “more epic plans for BTT,” which also seems to have positively affected BTT price. BitTorrent / USD Medium-term price analysis BitTorrent has a strong bullish bias over the medium-term, with the BTT / USD pair performing a major technical breakout on the daily time frame. The daily time frame shows that a large inverted head and shoulders pattern has been triggered, with the bullish pattern reaching its full upside projection. Technical indicators on the daily time frame are bullish, although they are extremely overbought. BTT / USD Daily Chart by TradingView Pattern Watch Traders should note that the bullish inverted head and shoulders pattern on the daily time frame has extended past its projected upside target. Relative Strength Index The Relative Strength Index is bullish, although it is now extremely overbought. MACD Indicator The MACD indicator on the daily time frame remains bullish and is pointing to further gains ahead. Fundamental Analysis The project’s medium-term prospects depend on the ability of its team to deliver on the promises they have made. BTT still needs to prove to the market that its business model is viable, otherwise, the investors’ interest could quickly fade away, which would negate much of its current value. Conclusion BitTorrent Token surged sharply after recently performing a major bullish breakout on the daily time frame. The four-hour time frame is still signaling further upside for the BTT / USD pair, although technical indicators on both time horizons may soon need to correct lower.Longby CryptoBriefingTA1
BTT/USD waiting for the bears to comeThe price has made a huge bearish move in the last few days. Looking at the last few hours we can see that the bulls are getting exhausted as the bullish movement of the price is not as rapid as it used to be. The RSI is also getting close to being overbought. Those are two indicators that tell us that we can be expecting a rather big bullish move in the future. Feel free to grab a copy of our Free Weekly Market Outlook here: mailchi.mp For more content follow us on Instagram and Facebook: www.instagram.com www.facebook.com We wish you good luck with your trading!Shortby JureKrasovic0