Bittorrent
[IMPORTANT] TRON (TRXBTC) & BitTorrent (BTT) Turns Bearish The airdrop for BitTorrent (BTT), TRON's cousin, is coming on the 11th February and a drop might ensue for both TRON (TRXBTC) and BitTorrent (BTTBTC).
Both charts are now looking bearish after certain support levels were broken.
TRXH19 on BitMEX was looking bullish, due to a huge green candle that only came up there. Looking at the candle, a huge rejection ensued but the chart signals remained bullish due to its massive size. You can see this chart here:
But there is more:
When you look at it closer, you can see that this is a manipulation trap, the divergence can be spotted, TRXH19 will be moving down. We will trade it SHORT.
As for TRXBTC, look at the chart above:
We have 3 higher lows and a brek below EMA10.
TRX can move as low as EMA50 first or 0.786 of fib. retrace at 620 satoshis. This would be the first stop, it can even go lower.
The MACD and RSI are bearish and trending down.
In Summary, TRON (TRXBTC) is now bearish.
Conditions for change: If the last high can be broken and closen above, 863 satoshis, then this analysis would be invalidated.
Make sure to hit LIKE to show your support.
Namaste.
BitTorrent – short-term short. Mid–term long.Hi Guys!
This is a quick update and glance at the current situation on BTT.
All explanations are on the chart.
Fingers crossed for a bounce up.
Good luck!
Drop us a line what are your predictions regarding this coin.
Thanks for reading.
Massive Hugs!
WBM Team.
BTT/BTC Low Volume Correction,Advance For Another Rally?Hello Guys,
i'm entering btt/btc now. depends on the volume, i didn't see a big correction volume in recent correction.
i wonder the big BTT whales are not going to sell their stack here.
just hoping my counts gonna be right :)
tab like button if you like :)
BitTorrent Update (1st Reversal Signal Is In + Price Action)In my last analysis I mentioned that if BTTBTC breaks below 25 satoshis, it would send its price lower, and so it did.
BTTBTC continued to retrace reaching down all the way to 21 satoshis or EMA50.
As soon as 21 satoshis was hit, we got our first reversal signal, that is the Doji marked blue on the chart.
This reversal signal is supported by above-average volume (you can see the volume breakout marked with a red line on the lower part of the chart).
The RSI and MACD are starting to curve, but still pretty early for this signal to have any value.
BitTorrent Price Action (Where To Next?)
I cannot tell you if BTTBTC will go up or down. I can tell you what will happen next based on how it moved in the past or moves in the future... Let's get started!
Looking at the chart above, the first resistance that BTTBTC needs to break in order to move up is 25 satoshis, which was our previous support.
if BTTBTC can print a strong close (green bullish candle) above this level we can expect additional bullish action.
Sideways action can also happen for a few days.
If BTTBTC moves down and closes below 21 satoshis, then expect additional bearish action and the 18 satoshis target becomes relevant.
So far it seems that 22 satoshis will be holding BTTBTC as immediate support. Up or down will be decided on the coming hours or days...
If you have any questions feel free to use the comments section below... I will be more than happy to answer.
And make sure to hit LIKE to show your support and for more great analyses.
Namaste.
BTTBTC Correction Wave AnalysisBINANCE:BTTBTC
BTT is currently in a correction wave.
Price movement is tight and looks like to be forming a Elliott triangle wave. Looking for a thrust out of the triangle to the upside to finish wave B.
A shallow wave C should follow with support at the 0.00000029-0.00000028 level if we are to see any signs of strong bullish behavior before resuming the previous trend.
This will also form the cup and handle pattern.
If those levels does not hold, then we will see a deeper wave C looking for support at 0.00000025 and then 0.00000021.
BTT - Bittorrent: Where should you place your buy in?There is no doubt that BitTorrent (BTT) has done something incredible in the longest bearish market ever in the crypto space.
With its +1.000% gain since ICO, and incredibly large volume since its start of trading on Binance, it is surely a coin to have eyes on.
The history is too short to make an accurate prediction on the future price.
However, if you have BTT in your portfolio or you are planning to buy it, we suggest not to do it now.
Indicators suggest us to wait for a bullish sign on Macd (If you open 5m chart it will be very well readable).
We placed our buy orders around the green area, where a continuation of the uptrend should happen.
If you haven't done yet, take a deep look to this coin, before the opportunity burns!
BitTorrent Is Getting Ready For Another Round!BitTorrent is a great one for us, as it makes us easy and fast money. We trade to make money, so this is perfect.
After hitting 37 satoshis, all of the targets from our first BitTorrent trade idea ( ), the retrace started.
Now, I am biased here, as I trading more based on experience rather than chart signals and these analyses are for advanced traders only, as there isn't enough information on the charts to support a trade. And since I don't like nor recommend gambling; we trade at our own risk.
With that said, I believe that BTTBTC retrace is complete.
Volume is increasing a lot on the last candle.
Trading above EMA10 and EMA50 almost right away; traded below only for a few hours.
Bear volume was low on the retrace.
RSI remains strong.
The MACD retraced and is curving up strong.
37 Satoshis is the next target. If BTTBTC can break and close above it, we aim higher. If not, collecting profits is wise.
Conditions for change:
If BTTBTC moves down and closes below 27 satoshis, turn the warning hat on.
If it moves lower and closes below 25 satoshis with strength, you can expect the bullish action to be other and BTTBTC going the bearish way. A new analysis will be needed.
These are the conditions for change, for now it is looking bullish and positive, I am riding up the whole wave.
Hit LIKE to show your support...
Namaste.
BitTorrent - Corrective WaveNot financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
Personally I would stay away from this but I've gotten quite a few questions so I will post my own opinion. I don't think the correction is done yet. 50% retrade is at about 25 and 61.8 is about 22. Depending on where the support truly comes to play will tell us how high this can go. In my opinion, there's still one more impulse that needs to happen to complete this. Does it have to happen? No. Can it? Absolutely.
I talk a lot about high probability trades. Know when you're wrong. I sometimes take risks and get stopped out but if you come out ahead on the long run that is all that matters. Tight stops for the losers and big wins for the winners.
If you're not trading with stops, please go play another more stable market. Go buy some gold or something and throw it in your safe.
So, Targets you ask? Assuming we find support I see 31, 37, and 43 as targets. 43 is the wave 5 target but you have to watch the reaction at 31 and 37. This all happened so fast it's hard to tell what will happen on the next wave.
Trade safely friends!
BitTorrent Analysis and Price PredictionHype is't over, so be ready with some capital after short-term retracement to buy zone.
My buy target near 20 sats area, so it is about 0.00066$
$BTT Pump Is Over !!! Surrender ImmediatelyHello guys as you can see the CZ+ Justin pump was amazing
however it's over
so I expect some low sat tokens to pump when whales take profit from BitTorrent.
BTTBTC over 1500% gain in a weekBittorrent #BTT is on fire with over 1500% gain since its ICO of $0.0001 to $0.0012 as of this posting. This is crazy beyond technical analysis. I have not had this much excitement and gain since Bitcoin #BTC even in an extended crypto bear market with the potential of BTC going further downside under $3,000.
What is the hype about BTT driving this brand new token to the moon? Here's a few things to keep in mind moving forward. Tron's #TRX whitepaper is to built a decentralized internet. Tron bought Bittorrent in 2018 for $126 million. In 2019, Tron tokenized Bittorrent and created the BTT token with an initial ICO that was sold out in less than 15 minutes at $0.0001. Bittorrent has over 100M users on a monthly basis. Imagine a tokenized and decentralized internet platform like Netflix, Youtube, Google, and Facebook combined. The BTT tokenized network will encourage content creators and users to migrate to the BTT ecosystem and get paid instantly by BTT token for its content and users paying for superfast instant downloads of movies, musics and files on the BBT network. When this happens, TRON has accomplished it's goal as stated in the whitepaper by creating a decentralized internet and taking the monopolistic power from Google and Facebook, etc.
Also, Tron #TRX will airdrop free BTT to TRX holders (ratio of 1 TRX = .11 BTT) every month on the 11th for the next five years staring next week Monday, February 11, 2019.
What is Bittorrent? If you have never heard of or used Bittorrent before, the simple answer is, Bittorrent is a peer-to-peer file transfer protocol for sharing large amounts of data over the Internet, in which each part of a file downloaded by a user is transferred to other users. Bittorrent has been in use since 2001 with over 100 million concurrent users at any time . What do you get when you put together a decentralized peer-to-peer network with a tokenize Internet ecosystem? "A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution." Bitcoin: A Peer-to-Peer Electronic Cash System; by Satoshi Nakamoto
Suggested readings: www.bittorrent.com
BitTorrent (BTTBTC) Hits 8 Targets for 131% ProfitsBitTorrent has hit 8 of our targets for 131% profits.
When I shared this trade idea, I mentioned that I would use the "set it and forget it" strategy. We have many different strategies that we apply for trading.
Not all altcoins/tokens are the same. The market has different cycles and many other variables, we adapt to these and trade according to the moment and not just based general rules. We can apply different strategies to different altcoins/tokens/assets/projects or based on your own liking and lifestyle.
BitTorrent and TRON are now linked and we know that TRON (TRXBTC) generated over 11,900% profits when it was added to Binance in 2017.
BitTorrent can have similar success. Even if that success is only a portion of what TRON did, which most likely will be way more although it can take longer; this one can turn out into a massive payout.
For this reason, I moved from my usual strategy to the set it and forget it on this one.
Here is my previous chart for BTTBTC:
Another example is the "Buy the dip" strategy, which we used many times in the past successfully and using with UniKoin Gold (UKG) for massive profits LONG TERM. (Here: )
I am riding this wave all the way to the top. Meaning, I will play this one as an "investment", but this is no financial advice of course. All information shared here in this channel is intended for educational and entertainment purposes only.
And since we are making money and being entertained, hit LIKE if you would like to see from me more profitable and safe trades.
Namaste.
BitTorrent (BTTBTC) Targets & OverviewBitcoin (BTT) Overview (Tokenizing the world’s largest decentralized file sharing protocol with BTT)
A Giant Leap in File-Sharing
BitTorrent (BTT) allows content creators to connect with their audience, earn and spend digital currency without a middleman. By connecting the BitTorrent peer-to-peer network to the TRON blockchain, we offer a new experience to over 100M+ users.
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Targets can be found on the chart above.
Huge potential of course. This is brand new and any price it hits from now on is a new high.
Please share your thoughts in the comments section below.
EXPRESS YOUR FEELINGS
The way to live a happy life.
The way to heal any disease.
The way to achieve all of your goals and dreams.
The way to be with who you want to be...
Express those feelings deep within.
Namaste.
BitTorent – Ride or Die! Trading manual.Hi Guys!
This is madness. 300% gain in just 3 days. OMG.
We know it is very tempting to buy. FOMO mode on .
But we have to cool down a bit.
Let’s look at the chart and on the indicators .
• We have already finished 1-5 Elliot inclining waves
• We are expecting a correction ABC Elliot waves
• The price should stop at Kijunsen(blue) or TenkanSen(red)
• Weis Waves – there is massive demand and no supply whatsoever
• WBM BUY/SELL Indicator (it is our self-made oscillator but we changed the name) - we are totally oversold
• The price gained 300% in just 3 days – madness
• We are observing right now descending volume
Beyond technical analysis :
• This is super-hot coin widely acknowledged by the crypto community
• BitTorrent is a widely known brand
• We are just a few days after ICO
• We can trade BTT on Binance , Cointiger, OKEX , Kucoin, Bitbns
• They plan to cooperate with many more exchanges and wallet such as Bithumb, Huobi, UPbit , Bitbox, Trustwallet and many more
• Each time they will announce new above-mentioned partnership we expect a price spike and hype on the price .
To sum up this rollercoaster .
Technically it looks very much oversold . Fundamentally there is still much potential .
We would wait till the emotions on this coin cool down a bit and re-enter at the dip of the correction phase .
If you really want to enter right now do not forget about setting your stop-loss .
We will make an update basing on our WBM BUY/SELL Indicator .
Thanks for your time and reading.
Post a comment down below. We are curious about your opinion.
WBM Team
BTTBTC pennant breakout upside 60%+ big long potentialI've been using Bittorrent since my school years for file sharing, i.e. games, movies, files etc. Now Tron #TRX bought and took over Bittorrent #BTT and tokenized the network. I got in at 12 sats Friday and since last night, BTT broke out of it's pennant pattern and the bulls took control reaching ATH 20 sats.
BTT: Bittorent Buying Opportunity 25% !!Buy BTT 13 Satoshi and Sell 16 Satoshi. Stop Loss 11
Breakout Falling Wedge Which is Reversal Pattern.
BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
BTT/USDT @ Binance a pennant breakout to the upsideFinally looks like BTT is breaking out of its pennant pattern after 1 day 6 hours and 30 minutes trading sideways. Hopefully BTT will hold over the weekend and reach ATH.
First Chart and Fib LevelsI just had to try and be the first to chart this just half hour after trading opened. Too little data to ascertain anything lol
Like it for a little fun. =)