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Bittorrentbtc

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!
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by bitdoctor
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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
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by WBM_Team
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