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Bittorrent

SPOTLIGHT is on BTTUSDC as altseason kicks off to full effect!Target short & stop set on chart as Burkowski’s Adam and Eve double bottom theory coupled with volume index seems to indicate a parabolic surge pending confirmations. BTT is usually one of the lesser Alts (in terms of volume accumulation) so if there is any, usually that alone is in itself a powerful indication of some sort of major priceaction. The double bottom is just the confirmation to validate the initial volume indicator. An amazing opportunity for a quick short as the overall price on BTT is astonishingly low making it a high-risk/high-reward type entry, though the platform in itself (Bitorrent) is well renown && maintains a strong reputation; bear in mind it has been around since before BTC/Blockchain years before 2009. Initially a torrenting service; BTT’s privacy and piracy issues made it the subject of widespread criticism and several class action lawsuits to this day. Nevertheless it has strived on its less-than-ethical business model and this service was born to be on the blockchain its practically written all over it from its very infancy, BitTorrent was clearly an innovation fostered ahead of its time. It is for this very reason that I’m writing about it and posting/publishing TA as I tend to avoid the lower market cap coins with the exception of those certain coins & tokens that have solid whitepapers/roadmaps or are projects I firmly believe will be successful ushering in the decades to follow: i.e. omisego (more on that later) but I digress. Trade safely; set your stop losses. Peace & Love. Disclaimer Market volatility is at an all year high. Technical analysis is always subject to change; never forget that & always remember to set your stop losses. Any projections for figures or targets/TA are solely for entertainment purposes and not to be misconstrued as financial advise. Let me reiterate: this is NOT financial advise!
BShort
by a1mtarabichi
1
Bittorrent with Huge Potential: BTTUSD Bull Case with TargetsBTT was one of the most exciting ICO's of the year, it started with a huge run soon after it went public followed by a 3 months consolidation that ended last months with another amazing rally into new highs... overall it's developing a very promising Bull Pattern. BTT is still consolidating last month's gains, and we should look to $0.0019 as the main resistance, a breakout of this area on the short term would open the door for another rally with $0.0032 and $0.0047 as the main targets (calculated with Fib projection and range projection, using the semi-log scale and the anatomy of the previous rally). On the downside, the short term support stands near $0.001088 and mid term support near $0.0009 , with BTT trading above these levels the Bull Case remains active. Strategy: - For anyone already holding this gem, the long term strategy is simple: Hold and forget it... this will be a multi-billion dollar coin somewhere in the near future... if you want to trade short term, the $0.0019 level will be at least tested and it's possible that it will offer some resistance before a breakout, so it could be a nice short term target to exit those long positions (personally i would not recommend to sell it at any cost... but that's just FOMO). - New long positions would ideally be positioned somewhere between $0.0009 and $0.0011, thats where the risk/potential ratio gets really optimal, but personally I'm not expecting those levels to be tested ever again after a breakout of $0.0019.
BLong
by CoinsOnFire
2
$BTT - Prepare for liftoffIn this three day chart of $BTTBTC, we can see that price has consolidated at 15 sats. On balance volume has stopped declining and the stoch RSI oscillator looks primed for a bullish cross. I am inclined to think that this has good pump potential, for two reasons: Justin's forthcoming lunch with Buffet could provide sufficient hype and excitement to fuel a "buy the rumour" type of market reaction If the first leg up was an impulsive wave 1, then in crypto it's not unusual for the cycle high to top out at the 2.272 or 2.414 extension or even higher. That gives us a target of 43 sats. Invalidation would be a drop below 13 sats with OBV taking a downward turn. THIS IS NOT TO BE CONSTRUED AS FINANCIAL ADVICE. DO YOUR OWN RESEARCH.
BLong
by matt8932
2
BTT (BitTorent)(Justing Sun) +X10 = Waiting PUMP (To The Moon)- Justin Sun cool marketer he is good PR their products including the throne and in addition more and BitTorrent appeared. Graphs are very similar to where the throne began and now BitTorrent has the same pattern of the beginning of the pump. Justin Sun promised that both coin throne and BitTorrent gonna drive in have mandated 10 coins. I also think that the pump on these coins will be nice to have in the pocket of the throne and BitTorrent. Part of the funds transferred in this coin and wait for the shot. Tron have start from (TRX/BTC): 1) Same breakout trendline 2) We have targets 5x, 10x (for start). My target 10x = 0.00000160 BTC Buy from = 0.00000016 BTC Target = 0.00000160 BTC (+10X) (No financial advice. I decided to take a risk given that the data is similar to the pump as it was at the TRON)
BLong
by UnknownUnicorn285026
1
BitTorrent Retrace Likely To Be Over (Next Up Wave Starts Soon)BitTorrent (BTTBTC) retraced all the way down to 14 satoshis after hitting a 22 satoshis peak on the 28th of May... We believe that this might be the bottom of the retrace, so a new up wave might start soon. ---------------- Feel free to hit like now to show your support... If you want to, and allow me to entertain you a few minutes with this analysis. ---------------- The BTT chart is pretty simple, once BitTorrent is able to break above the brown dashed trendline, it can resume its move up. Our recommended buy-in was at 10 satoshis and our stop-loss a close below 7 on the weekly time frame. we collect profits on the way up. As we sell, if we have the experience, we wait for the retrace and rebuy and reload for higher profits. Now, you must have a plan also for when you rebuy and reload because it isn't guaranteed that the price will move higher. What happens if you rebuy in the 15-18 satoshis range, but then BTTBTC moves lower? You can set a stop-loss on a daily close below 13 satoshis, for example, depending on your trading plan and strategy. If the daily candle closes below this level, then you sell to buy back lower at the "full trade" recommended buy-in price. You can also choose to buy more, lower and accumulate for long term gains. Here you can find our full trade for BitTorrent (BTTBTC): Let's take a look at some of the signals: We are now seeing trading volume increasing after a new low was hit today at 14 satoshis. BTTBTC is now challenging EMA50 (15 satoshis). If it closes above it on the daily time frame, go to 16 or higher, that's another bullish signal. Still trading below EMA10, so it has bearish potential. We are looking for the close above these two to confirm that the retrace is over, but the volume increase is an early signal that it might be. A close above EMA10 turns BTTBTC from bearish to bullish short term. We remain bullish long-term and we are in profits. 14 Satoshis is also the low that was hit on the 26 of May. After this support was hit it BTT moved up. Looking at the shorter time frame, 4H, I can see bullish divergence on the MACD and a bullish RSI (above 50) which supports the early signals that we are seeing on the daily. Load up on BitTorrent (BTTBTC), but have a plan when you do. Thanks a lot for reading... Continue below for the daily phrase...
BLong
by AlanSantana
19
BitTorrent Might Not Hit 15 Before Next Wave Up (Full Update)BitTorrent (BTTBTC) has been holding really nice. Our first wave led us to 120% profits (grow from 10 satoshis average buy-in, all the way to 22 satoshis peak price). The retrace stopped at 16 satoshis on the 30 May, which is ~27% below peak price. If you follow Alan Masters, you know that we rebuy and reload on the retrace 15-35% below the peak price reached. Taking this rule of thumb into consideration, we are looking at the 15-18 satoshis range for support before the next wave. (We are in the support range before the next move... This is where we buy-in, rebuy and reload) . Now, this is for more experienced traders, so if your head is already spinning remember to just buy within the recommended buy-in range, collect profits as we move up and simply wait patiently. BitTorrent (BTTBTC) 16 satoshis support has been holding for multiple days and trading volume came to a halt. We have strong resistance at 17 satoshis and strong support at 16. We are expecting a drop to 15 satoshis before BitTorrent moves up but this might not happen. It seems that too many people are waiting for it to go lower to buy, so not many sellers, it might move up from here. The lack of volume in the last few days is pointing me in this direction. When you look at the 4H time frame, there are signals of support holding with the RSI and MACD starting to diverge. This chart shows the potential scenarios: So it is easy to rebuy and reload here with the anticipation of the next wave. We are already in and in great profits... So this is all an extra for us to load up and earn even more. You can find our full trade for BitTorrent (BTTBTC) by clicking on the image below: And if you enjoyed this update and would like to see more. Make sure to hit like to show your support. Namaste.
BLong
by AlanSantana
4
BitTorrent Remains Strong After 120% Profits: Analysis & UpdateWe are now giving another look at BitTorrent at the request of one of our great supporters. First let us say, as usual, that there is no action to take after we buy in (at our recommended buy price) other than wait for the targets to hit to collect profits. You can sell as much as you want at each target. For example, I am pretty sure that many people sold everything at 20-22 satoshis, to buy back lower, while others sold only a portion (like me), with the intention of selling more at higher targets for different reasons. Others didn't sell at all, while some others are yet to buy in. Each of us can choose or build our own strategy based on personal preferences that fit our lifestyles... Let's get to the chart... So feel free to hit like now to show your support... Thanks a lot! BitTorrent (BTTBTC) Chart Analysis Here we have the daily chart, this one still looks pretty solid. The blue dotted down (uptrend) is still intact. BTTBTC remains bullish for me as long as it remains above EMA100 (17 satoshis), a close below this level can send it lower, to 15 satoshis, but always with bullishness in mind, meaning, if BTTBTC moves lower it will later bounce and move back up, just like when we were looking for a low but now the retraces are going to be shorter. I am not seeing much bear pressure, so this level might hold. Either way, we wait patiently... Because patience is the key. Looking at the 4H time frame, the main chart above, there isn't much strength on the drop, no volume... So bears need to follow up if they want to move BTTBTC lower. BitTorrent can also choose to resume its uptrend anytime... The arrows are there only to show potential scenarios and direction, not specific time frames or targets (resistance/support), these are always shared in the numbers, not the chart. To see BitTorrent (BTTBTC) full numbers, make sure to click on the link below: This is it for now, if you have any questions or want to show your support, use the comments section below. It is my pleasure to help. Thanks a lot for all the love. This is Alan Masters. Namaste. THIS IS NOT FINANCIAL ADVICE. ALL INFORMATION SHARED FOR ENTERTAINMENT AND EDUCATIONAL PURPOSES ONLY.
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by AlanSantana
21
BTT Update : Where To Go NextSince we have been asked by many of our followers to give yet another update on BTT here is what the charts are saying. #BTT_Update It seems BTT is still in favor of the bulls and didn't confirm a start of downward trend or correction. Notes - EMA still below the price which indicates that we are still in an uptrend. - Trend channel still in progress and didn't confirm that it starts a downward move since we are still in the blue trend channel as shown in the chart. - MACD still didn't confirm a downward move but might give us a clue in short period of time. - RSI is actually in an average area and is actually in the bears favor according to its direction. Possible scenario's for now are we might see a correction between the level of 14 sats and 15 sats or we might see another leg up on a reversal move. To confirm we still need some time and see what the indicators will give as though.
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by cryptotalk_et
#BTT_Update#BTT_Update Sure BTT is one of the undermined or else abandoned crypto assets at current situation. It showed it can give a good profits in the future recenetly and surely the team doesn't simply kept sitting. They must be doing a lot of jobs to make it better since it do really have the opportunity to become one of the most highly effective use cases of the crypto world. We have updated BTT's move yesterday and we have said that we need further confirmations for predicting a good outcome of the coin both for the short term. We will try to see our predictions on it for the short term on this update. Volume : Volume is looking flowing out from BTT and the hype it gets last week is drained out for now. And we need some enormous amount of cash to get in to this trade to see a good moving momentem. RSI : RSI is on an oversold area comparing it to last month's move and is further showing a bearish trend coming up. MACD : MACD also on favor of the Bears for now showing a downward move and need to reverse to get BTT back up from its sleeping momentum at the time of this post. Other Indications And Forecasting Tools EMA is going above the price currently and need to slow down to see BTT going upwards again. Double Top Pattern : Even though it is very difficult to decide the double top pattern in most cases since we have to see whether the nearest support is broken when the candle closes or not. By this we can't be sure about this for now since we didn't still closed the daily time frame but it seems it is developing the a double top bearish pattern. Trend Line : The created support line starting from May 14's reflex point is also breaking out by the trend and big cautions needed. Conclusion It seems we are in a bearish trend development for now and we need to be cautious on our trades. If the Double Top Pattern is going to be confirmed by closing below 16 sats it surely will see some downward move for now for a correction. By this if we recommend you use a strict stop loss managing system for the trade and wait till the above mentioned confirmation points are fulfilled. We willl give more updates when trend is confirmed on the close. Don't forget to drop a like if you agree or to give your comments if you don't agree with this idea. With Regards. Team TWA.
BShort
by cryptotalk_et
BTT Hype not necessarily overJustin Sun made his "big" announcement today, and per usual, the rumor caused a price spike on BTT as well as TRX the other day. I'm still bullish on BTT; call Justin Sun what you will, but his marketing is brilliant. I like to think the product he puts out is at least half as good as his marketing, even though I constantly see many people bashing him on Twitter and writing Tron and Bittorent off as scams. He's a go-getter. Literally nobody else in the crypto space (to my knowledge) has even attempted to try to knock some sense into old man Buffett. Being the legend he is, I'm so surprised that for all this time he's been crapping all over Bitcoin, but somehow thinks there's a future in Blockchain - "Blockchaiiiiiin not Bitcoiiiiiin!"(Shout out to the Crypto Lark for the lyrics) Imagine for a second that Justin Sun becomes a main catalyst for mass adoption. You'd get at least one "banana town" out of Carter Thomas, that's for sure. Whether you think we're just about to enter another crypto bull run in the next two months or think it won't happen for another two years, Bittorrent is going to be Yuge. Mark my words right now. For the immediate short term, I'm waiting for this down channel to play out, and will obviously be looking for a breakout at the top of the channel, contingent upon seeing an increase in bull volume. If you've been riding this BTT wave for the past two weeks now, awesome. Lots of fun. I'm always trying to find diamonds in the rough to add to my portfolio, if nothing else, for the thrill of it possibly going huge. In this case, I think BTT has ridiculous potential. I've had a lot of fun in the past week, and the chart is looking good. Never financial advice; I'm just another dude talking about crypto on the internet! Deuces!
BLong
by Schitown