harmonic analysiscrab, cypher and shark scenarios:
if 3-4=0.61 X-3=$0.00187
crab targets:
0.38 3-4=$0.004
0.88 3-4=$0.01
cypher and shark targets:
1.13 3-4=$0.0176
1.41 3-4=$0.03
1.6 3-4=$0.045
butterfly scenario:
if 3-4=0.78 X-3=$0.001
0.38 3-4=$0.0028
0.88 3-4=$0.01
Bittorrent
🆓BitTorrent (BTT) July-13 #BTT $BTTBTT is about to approach the $0.0023 zone, which is reliable support for a strong rally to the $0.0027 and $0.0034 areas, and if it happens it should be very quick to reach the upper zones. So we need to pay attention to this $0.0023 zone. However, if BTT loses this zone, it will fall sharply to the $0.0018 area, which is a great area to buy BTT.
📈BUY
🔴Buy : 0.00225-0.00235$. SL if B
🔴Buy : 0.00265-0.00275$ if A. SL if B
📉SELL
🔴Sell : 0.00265-0.00275$. SL if A
🔴Sell : 0.00335-0.00345$. SL if A
♻️BACK-UP
🔵Sell : 0.00225-0.00235$ if B. SL if A
🔵Buy : 0.00176-0.00184$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
#BTT No.17last analysis 7.7% profit
!!! These cahrts are not appropriate for spot!!!
For taking long, wait for breaking the resistance
For taking short, wait for breaking the support
Attention!!! Don't take any position before the movement of market
Before using my chart, let's check my analysis on (USDT INDEX)
#BTT No.16 (update)Currently, short-term excitement is hapening in the market with a lot of fluctuation!
we better be carful
after this, i guess market would run a good movement!
For taking long, wait for breaking the resistance
For taking short, wait for breaking the support
Attention!!! Don't take any position before the movement of market
Before using my chart, let's check my analysis on (USDT INDEX)
Comment: USDT > breaking support 4.20 = BTC > breaking resistance 36000
USDT > breaking resistance 4.55 = BTC > breaking support 32800
BitTorrent (BTT) token formed a big bullish setupDowntrend line, oversold condition, and EMAs.
On the weekly time frame, it can be clearly seen that the price action of Bittorrent has found a down trendline support. Whenever price action is moving at this down trend line support, it is having nice bounce towards the upside.
If we take a look at the exponential moving averages with the time period of 10 and 21. Then EMA 10 has crossed down the exponential moving average 21 which is a bearish signal. Because when the small-time period moving average crosses down the bigger time period moving average then it is considered as a sell signal and if the smaller time period moving average crosses up the bigger time period moving average then it is considered as a buying signal for bullish signal among the trader's community. Now if we take a look at the stochastic oscillator then it is moving in the oversold zone for a long time period and the moving average convergence divergence (MACD) has started turning bullish.
Previously we had the same signals:
Previously in November 2020, on the same weekly timeframe chart, when the EMA 10 crossed up the EMA 21 then we had a very powerful and long-term bullish rally at the same time the stochastic was also in the oversold zone and the MACD gave a bullish signal exactly like we are receiving such signal this time.
Symmetrical triangle:
If we switch to the small-time period 4-hour time frame chart, then it can be easily observed that the price action of BitTorrent is moving in a symmetrical triangle. Therefore, in order to start the big rally, the price action needs to break out the resistance of this triangle with nice buying volume
Big harmonic BAT move:
On the weekly time frame chart, the price action has of BTT has formed a big bullish BAT pattern. There is also 50 simple moving average support in buying zone. The buying and sell ranges as per the Fibonacci sequence of this harmonic pattern can be:
Buy between: $0.003151 to $0.001824
Sell between: $0.006314 to $0.011062
The maximum extent of potential reversal zone $0.001824 can be used as stop loss. Or the 50 SMA support can also be used to minimize the risk. As per the above targets, this trade has a huge profit possibility of up to 500%, and the loss possibility is 42%. However, we can also use the 50 SMA support in order to minimize the risk.
#BTT No.16Signal1: 38.2% profit
Signal2: 16.4% profit
Signal3: 14.6% profit
Signal4: 13.6% profit
Signal5: 6.6% profit
Signal6: 8% profit
Signal7: 10.6% profit
Signal8: 0.7% loss
Signal9: 18.5% profit
Signal10: 0
Signal11: 10.7% profit
Signal12&13: 19.8% profit
Signal13: 7.2% profit
Signal14: 6.1 profit
Signal15: 3.1% profit (risk free)
Signal16:...
For taking long, wait for breaking the resistance
For taking short, wait for breaking the support
Attention!!! Don't take any position before the movement of market
Before using my chart, let's check my analysis on (USDT INDEX)
BitTorrent (BTT) token formed bit BAT for upto 500% huge moveHi dear friends, hope you are well and welcome to the new update on BitTorrent ( BTT ) token.
On the weekly time frame chart, the price action has of BTT has formed a big bullish BAT pattern. There is also 50 simple moving average support in buying zone.
BitTorrent (BTT) - July 5Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(BTTUSDT 1W Chart)
If the price holds above the 0.0018650 point, it is expected that the uptrend will continue.
If the price is maintained above the 0.0035120-0.0042346 section, the uptrend is expected to accelerate.
(1D chart)
We need to see if we can find support at the 0.0026990-0.0035393 zone and break out of the downtrend line.
If the price is maintained above the 0.0035393 point, we expect the uptrend to continue.
If it falls from the 0.0018650 point, there is a possibility of entering the mid- to long-term investment area, so you need to trade cautiously.
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(BTTBTC 1W chart)
If the price is maintained above 6 satoshi, it is expected that the uptrend will continue.
It remains to be seen, however, if it can rise above the 8 satoshi point and turn into an uptrend.
(1D chart)
If the price is maintained in the 7 satoshi-8 satoshi range, it is expected to turn into an upward trend.
However, it should show a rise above 9 Satoshi.
If it goes down, we need to see if it finds support in the 5-7 satoshi range.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Abbreviations shown in charts
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
BTT on its way too .0035+As you see here we're riding a nice Uptrend which were currently in the middle op reaching the top trending line which is a great spot to Buy in the Sell at the top for a Swing Trade, before it pulls back to the lower resistance.
Overall, we are Bullish here moving through the week, if we catch momentum we could have a shot at breaking through the op resistance & creating a whole new trend.
*Not Financial Advice
This is my theory.. if BTC behaves -> +300%Well, I'm starting to see a huge cup and handle for this. BTC should be starting to recover, so we can back to ATH in all cryptos.
Has BitTorrent bottomed?Drawing trendlines within the fib circle
It looks like the early times of support being established from a previous trendline
I think this coin could go big in the long term, it just needs time
I hodl BTT
Idea above shows true potential
Bittorrent Potential Triangle BreakoutNice triangle pattern here breaking the b-d trendline, momentum looks bullish , strong bottoming fractal , wave-A retraced 61%, waves A + B cover the same amount of time (potential for a very large diametric to develop). Good probability this one has bottomed. I suspect a full retracement of this triangle is coming over the next few months.
A break of the recent low would indicate a much more severe downtrend is going to occur.
BitTorrent vs Bitcoin USD (BTT / BTC) __ 1Day Chart Bittrex
WILL STOCK UP on BTT TOKENS @ and in-between THESE PRICES :
💰💰💰
0.00000009 BTC /per each BTT token
0.00000007 BTC /per each BTT token
0.00000005 BTC /per each BTT token
Prices to consider to taking profit 🧐🤔:
0.000000023 BTC
BitTorrent vs Tether USD (BTT / USDT) __ 1Day Chart Binancecollect BTT tokens in green price range, or below (DISCOUNTED price)
#BTT to .00310 before we see a bull runAs you see we've broken the previous resistance on our way too .00310 where we should see slight consolidation which is going to be a very vital point for the week ahead.
If we end up breaking that resistance we may fall too .00272 which will be our bottom resistance. Pay close attention to what happens to the price as we move through the weekend.
*Not Financial Advice
#BTT Touch & GoBitTorrent just touched the lower band followed by a green candlestick, once we get a green engulfing candlestick we may see a nice push up too .0037 next. Once the Volume picks up we may be able to break out of this wedge pattern & get on a bull run. We need to be cautious of a sell off if BTC continues to move down up until the weekend.
*Not Financial Advice
BTT Moonshot ?? BitTorrent/BTC idea
The moonshot on Verge/USD is very comparable to the current position of BTT
I am long BTT
Hopeful!
Bittorrent saved by 200 MA? What will happen in the coming weeks for BTT. On the log scale, it's a little easier to see whats happening. I do not believe this coin is done at all. I think it's just getting started. Tron has made some amazing moves this year including Century Mining, APENFT partnership, which will also utilize BTFS.
Wait and see if we will find support on the 200ma.