BTT
BTT - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
BTT is approaching a support area so we will be looking for buy setups on lower timeframes.
on H4: BTT is forming a wedge pattern in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, BTT would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
See you in 2023With how BTT is preforming now I think its safe to assume at this point in time we're gonna see a LOOOOOOOOOOOOOOONG consolidation phase stretching to as long as 2-3 years until the next halving bullrun... Lets hope you weren't like me and bought the top hoping for that one god wick that never came... So if you wanted to start collecting those sweet BTT coins, now is the time to do so... Gonna be a while until this coin moons again... I could be wrong, I hope im wrong but!!!
GL!!
BTT analysis
This token is in a down rend in the daily time frame, which can reach the specified targets if the trend line indicated in the chart is broken.
BitTorrent Up Scheme BTTIf a reversal back upwards in the market occurs
BTT is a good candidate for an altcoin buy
It just makes sense
However if a reversal doesn't come to be, this post will be redundant
Aim for sell at .1 if we go there
BTT USDT Broke trend line UPBTT broke trend line up and BTC is stable for now lets see how it will play out!
BTC $30,000 a very real Possibility I've highlighted the Resistance lines in Yellow to make them more visible. We've got support at $37,300 which we could see either a sideways consolidation through the month or create a Head & Shoulders.
Which would cause us to break the $37,300 support line & drop down to the previous low of $30,000 as we head into November.
There is a chance to bounce off of the 50 EMA & break the $48,000 resistance followed by a retest & Bullish momentum.
It's going to be a wild month of September, with the Legislation, Mass Adoption & the NFT space. Once we are able to break out of this Bearish Wedge the whole market is going to Moon, it's just a matter of when?
BTTUSD be careful about it as we can see that bearish symmetrical tri appeared and there would be more bearish market coming .good luck
Winklink or BitTorrent which one is better ?which one is better Btt or Wink?
In the next year and a few months, Wink will probably grow faster than BitTorrent.
1- It is leaving the long-term downtrend channel
2- Probably forming a cup pattern (long term)
3- According to Elliott, Wink is one of the three big waves (the most powerful ascending wave)
BTT ,can this coin have some bullish time?it is in a good shape and i guess its gonna break the resistance then we can buy some BTT .Good luck
#BTT #BITTORRENT TO THE TARGET.. As a beyond technical analysis. and with some technical analysis. i trust on this project for the long term.
i see the first target are very close.
NFA Non Financial Advice ...
Cup and handle still in play?BTT's bullishness in the last few weeks have had lots of investors curious to see if it will go parabolic with the latest updates that were announced... And at this stage still might will. But the last overhead resistance will prove that to be a tad of a challenge.. expect a midterm baby step climb process... So grab a pillow and hibernate. Gonna be a loooooooooooong wait.
btt/usdtbtt FOR 2 days
bought@ .4930
SL @ .4750
SELL @ .5340
SHORT TERM
i am amauture dont be used
age irani hastin nazaretono bedin
BTT/USDTChart looks good & the bittorrent foundation announced that they are going to release a new partnership in next 3 days ( Announcement of announcement :D )
Targets on chart.
there is also another plan if BTC dump from here.