BitTorrent (BTTBTC) On The Move Again (Patience Is Key!)I promised to send you a reminder as soon as BitTorrent (BTTBTC) started to move again and here is my early signal.
Right now BTTBTC is challenging our main resistance at 27 satoshis on Binance and we already know what this means.
If this level can be broken with good volume and momentum, BTTBTC is very likely to resume its uptrend.
This is a friendly reminder...
Here you find our full trade for BitTorrent for 130%+ profits potential (2nd entry):
Remember to hit LIKE!
Thanks a lot for reading and for the continued support.
Enjoy the FULL MOON!
Namaste.
BTTBTC
BTT/BTC: Bittorent 40% Buying Opportunity !!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 !!
BitTorrent Tornado! This is my plan for what I see as the next leg up in BINANCE:BTTBTC . How far it goes is anyone's guess, but I'm under the impression it's geared up for another healthy move north.
BitTorrent 2nd Entry - Trade Fully Explained [BTTBTC](136% PP)One of our criteria for BitTorrent to move lower has been met, which was a close below 24 satoshis. So I thought that instead of sharing a full analysis, it is better to share a FULL TRADE (2nd Entry) so that those that missed out on our first and second wave can profit from the next one.
Before we start, let me tell you that our previous trade remains active and in profits. All that is required to continue earning from this trade is pure patience. As soon as the retrace is completed, BTTBTC will resume its climb up.
Knowing this, here I am sharing a full trade so that you too can profit from trading this marvelous altcoin project... So perhaps you can hit LIKE now if you want to, and we can get started!
BitTorrent (BTTBTC) Trade Instructions by Alan Masters
BUY: 21-23
(This is our main recommended buy-in range. You can wait for BTTBTC to be within this range in order to buy-in.)
NEXT SUPPORT: 18
(This is where BTTBTC finds support if the price falls below our main buy-in price, a second entry. We can use this level to buy more or simply for reference.)
TARGETS:
(1) 27
(2) 32
(3) 37
(4) 43
(5) 47
(6) 42
(These are the levels where we sell for profits. There are many different ways and strategies on how to approach these targets. Our main strategy for beginners is to sell a portion of our holdings at each target. More advanced strategies can be used for seasoned traders.)
Note: It can take days, weeks or even months for a trade to fully develop.
Not all targets are meant to be reached. My main goal is to provide you with a good entry which creates a good position. You can sell as much as you want as prices move up and fully close your trade when you are satisfied with your profits.
STOP LOSS: Close daily candle below 17 satoshis.
(If the trade goes bad, this is where we stop cut our losses and if enjoy this altcoin, we can later look for a new entry lower .)
CAPITAL ALLOCATION: <10%.
(This is the recommendation of how much of your trading capital you should apply to this trade. Naturally, you can use as much capital as you want but I am a big advocate of diversification to reduce risks and increase potential rewards when trading altcoins.)
Note: These are all suggestions and recommendations. You can always modify these to suit your own unique lifestyle and trading style.
All the information here is shared for learning and entertainment purposes only. This is not financial advice.
Finally, I close my trades with a Spirit and Soul lifting message in the hopes of sending you good vibes and positive energies...
PATIENCE BRINGS SUCCESS
Patience is key when you start to trade.
Patience is necessary if you want the right decisions to make.
So sit down and relax, breath deeply, and join me once again.
I will be here offering my support... Together we know we can achieve success.
Patience my friend... It is the first quality really needed to win in this game.
Namaste.
Bittorent: Buying opportunity 70% !!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-BTC Long Trade PlanCommodity : BIT TORRENT
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-2 weeks
Investment in trade : 10% of the total Trading Balance.
Prospective Profit : 33% to 71%
Prospective Loss : 14%
RRR : SL to TP1 is 2.33, SL to TP2 is 3.33, SL to TP3 is 4.33 and SL to TP4 is 5
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
#BTT $BTT #bittorrent - 4hr idea#BTT $BTT #bittorrent - 4hr idea
Range 21 - 33
testing resistance support at 26
volume decreasing
VOL ATR - LONG
RSI/MACD normal
Long term LONG
next test resistance test up 33
support at .026 and .21
If my charts are helping, please consider using my binance referral link to trade $BTT
thank you, and trade responsibly - this my idea not financial advice
Binance ref link: www.binance.com
#BTT $BTT #bittorrent - daily zoom out#BTT $BTT #bittorrent - daily zoom out
Range 22 - 31
resistance test at 31
buy side volume
VOL ATR - LONG
long term BTC macro down trend, current trend neutral
Long term LONG
next test resistance test up ~ 31-33
support at 26 and 22
If my charts are helping, please consider using my binance referral link to trade $BTT
thank you, and trade responsibly - this my idea not financial advice
Binance ref link: www.binance.com
#BTT $BTT/BTC #bittorrent - 3hr zoom out Range 22 - 31
resistance test at 31
buy side volume
VOL ATR - LONG
BTC macro down trend, current trend neutral
long term LONG
next test resistance test up ~ 31
support at 26 and 22
If my charts are helping, please consider using my Binance referral link to trade $BTT
thank you, and trade responsibly - this my idea not financial advice
Binance ref link: www.binance.com
Chart says it allI'm bullish in the short-term. Let's see what happens.
Buy zone: 21-24.
SL: 19.
Please like & share.
Thanks.
Bittorrent - my idea - TRIANGLE Hello,
I think we faced some hype because of an airdrop. That hype is done, it means lower volume and probably price going down after testing double peak. I can't see any strenght without hype, without hype it behaves like a dead coin. It really depends on news and announcement. I recommend you not to buy, we have to cross a triangle up, otherwise just wait for it, you have much time before triangle ends...
BTT Supported or not ?As we can see on the chart we are going to facing the bottom of the uptrend channel (green).The volume decreasing but this support is strong (bottom of channel , 0.382 fib , 4h 50 MA) . If you ask me , i think we bounce from there , but i don't know if that bounce is good enough to make the price break the top of the downtrend channel (red) . Stoch turning bullish , RSI Neutral ,MACD looks south.
Thats all, thanks for reading.
PS be lenient with my grammar
not financial advice
liquid & solidOn the graph you can see some levels and rays that was marked for orders. It seems target 100 sat is not so far..
BTT about to tear?BTT
Looking for the 5th wave up here.
-STOCHRSI is bottomed out on 4hr
-Higher lows and lower highs
BitTorrent Daily Update - Sideways Action (We Remain Bullish)Our recommended buy-in for BitTorrent (BTTBTC) is sitting at 22-24 satoshis, this is the buy-in range that I gave for our active trade.
Right after I shared this trade, BTTBTC took off and hit two targets for 39% profits. (The first round generated us 130%+ profits)
You can see this active trade here:
(First round can be seen here):
So, where do we stand now?
We have a rule of thumb that we follow after hitting our targets for our active trades. We normally sell a portion of our holdings at each target. When you have experience and become a more advanced trader, we start to use the buy-back -lower strategy.
This strategy consists of selling on target and buying back at a lower price to enjoy additional profits on the way up.
Obviously, this can increase the overall risk of the trade (if the price goes down rather than bounce), but more risk also translate into higher potential rewards.
As a rule of thumb, we buy back 15-35% below peak price reached. In the case of BTTBTC, the peak price was 32 satoshis, we would be looking to buy back around the 23-27 satoshis range.
Now, this is a huge range, 15-35%, but this is just a general number as many conditions apply as to when it is the best time to buy back.
Depending on the altcoin/asset, the momentum, how big is the impulse, market cycle, and other features, we make our decision, but here I can only give you the overall idea.
So we hit our second target and collect profits, selling only a portion and leaving the rest for higher targets but now we have the option to buy again.
We wait for the retrace to be completed and we buy before the next break.
As I mentioned several times in the past, BTTBTC is a long term winner. So we remain bullish long term no matter what happens; this is purely based on experience and the information we've gathered from the charts in the past few days.
Now, let's get to the analysis:
BTTBTC is now on a small retrace and what happens next depends on price action.
Before we get started, our trade remains active and in profits. This information is extra and valid only for those looking at shorter-term price movements and for new entries. If you are already positioned from when I gave my first signal, all you have to do now is wait patiently and read this stuff for your own learning and entertainment or to open new positions if so you wish.
There isn't much volume on the retrace. If BTTBTC were to go down here, after its second push, then the volume would be higher. So we focus on sideways-bearish short term in order to complete the retrace.
This retrace first aims at 24 satoshis as the main support. Only if this level breaks we look for 22 satoshis and finally 18. For now, this is the lowest BTTBTC can go. If anything develops on the chart, you can leave a comment and I'll post an updated analysis.
So looking at our support, we focus on the move up next. We have 27 satoshis as the main resistance. Anything above 27 satoshis gives us more bullish potential. Anything below 24 gives us bearish potential. Between these two, 24-27, sideways consolidation can happen before the next move.
Overview:
Retrace followed by consolidation.
Expect some short term bearish-sideways action in preparation for the next move.
Immediate support is sitting at 26 satoshis. If this level breaks, we look for 24 satoshis as next support. After that, we have 22 satoshis and a new analysis if it goes lower.
Immediate resistance is sitting at 27 satoshis. After that, we have our last peak, 32 satoshis. This level needs to be broken with strength and volume if BTTBTC wants to continue moving up.
Now we wait patiently. Sideways action is highly probable.
I can post a new update daily. If you are interested in reading those, please hit LIKE and leave a comment so I'll know.
Thanks a lot for reading. I LOVE YOU!
And thanks a lot for the continued support.
This is Alan Masters.
Namaste.
BitTorrent Inverse H&SFirst of all: I'm not a fan of this token. I just don't find it useful. However my opinion is absolutely worthless regarding the price action and I think that if BTC stays at those Schrodinger pattern of BART/Flag BTT can actually validate this pattern and reach the target. Unfortunately for all holders, in case of BTC dump BTT will probably go to 20-sat range or even lower (double bottom). If however BTC respects the Bull flag and pumps further to 4k BTT will most probably follow the EW count I posted couple a days ago.
I wouldn't trade this thing because it's still unshortable :D . If BTC actually has more gas for pumping, a lot of traders will make a lot of money, just don't let the FOMO kick in!