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BTTUSDT Technical Analysis ⏳ Spot 💎 BTTUSDT has formed a symmetrical triangle on H12. The price has got rejected from the support line and has been making HHs and HLs. After the breakout I expect the price to go higher and reached the TPs 🌐 Tradingview 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at 0.003380 ☕️ TP1 0.004110 🍺 TP2 0.004920 🍻 TP3 0.005750 🍾 TP4 _________ 🍷 TP5 _________ 🍸 TP6 _________ 🍹 TP7 _________ 🎁 TP8 _________ 🚫 SL 0.002890 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
BLong
by Fibonacci-Signals
7
BitTorrent BTTUSDT - Bull flag + 2000% gains!- BitTorrent is the most popular torrent client (together with uTorrent). - On the chart we can see a bullish flag , which is currently breaking out! - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - The price retested the ALL TIME HIGH level, we can clearly see a sign of interest at this point. - 1500% gains is possible in next months, so be prepared! - If you want to see more of these ideas, hit "Like" & "Follow"!
BLong
by UnknownUnicorn2537518
21
BTT ( bittorrent ) test zone1 and test zone2 BUY - WEB_3.0I"ll only buy and hold. 🎯 BTT ( bittorrent ) 🎯Buy1= 0.006000$ 🎯Buy2= 0.003250$ stop= 3%-5% FUNDAMENTAL: Why Web 3.0 Tokens Might Be the Next Hot Trade in Cryptocurrencies Digital assets like livepeer, helium and bittorent have soared in value this year despite the recent slump in cryptocurrencies. By Omkar Godbole Aug 5, 2021 at 12:41 a.m. Updated Aug 24, 2021 at 10:01 p.m. With bitcoin ( BTC , 2.52%) prices stuck in a months-long holding pattern, some cryptocurrency traders are speculating on what might be the next hot market bet: digital assets associated with visions of a decentralized Internet, referred to colloquially as Web 3.0 tokens. Data tracked by Messari and published by Arca Chief Investment Officer Jeff Dorman shows the cryptocurrency sub-sector of "Web 3.0 tokens" gained 22% in the week ended Aug. 1, outshining bitcoin and every other sub-sector, including non-fungible tokens (NFTs). Bitcoin , the largest cryptocurrency by market value, rallied 10%. On a year-to-date basis, tokens associated with decentralized Internet applications have seen an average 244% rise, trailing the NFT sub-sector's 2,726% gain but beating bitcoin's 37% appreciation. Crypto performance Some of the most prominent Web 3.0 coins, such as livepeer (🎯LPT), helium (🎯HNT), and bittorrent (🎯BTT, -2.23%) ( BTT ), are up at least 800% this year, despite a slump in cryptocurrency markets since April, according to Messari. "Seeing the Web 3.0 ecosystem grow exponentially since the beginning of the year and keep the majority of their gains after the capitulation even in May is very positive for the crypto market," Nick Mancini, a research analyst for Trade The Chain, told CoinDesk. "Higher prices are directly linked to increased demand and expansion of services in each layer, and because of this, the ecosystem is able to continue its growth." Web 3.0 refers to a paradigm shift for the Internet run by network participants worldwide and defined by a set of open, trust-minimized and decentralized networks and protocols offering services such as computing, storage, bandwidth, finance and identity. For instance, the Ethereum-based Livepeer protocol offers a marketplace for video infrastructure providers and streaming applications, while Filecoin and The Graph provide decentralized file storage and data management networks. Helium uses blockchains and tokens to incentivize consumers and small businesses to provide and validate wireless coverage and transfer device data over the network. Messari's tracker shows the Web 3.0 tokens sub-sector, which includes over 40 coins, has a total market valuation of $25 billion, excluding oracle provider Chainlink. (The oracle provider is widely associated with decentralized finance and has a market cap of $10 billion). However, just considering prominent projects like The Graph, Filecoin, Helium and Livepeer, the market capitalization of Web 3.0 tokens tallies less than $15 billion. That's just 2% of bitcoin's total market capitalization of $735 billion. But it's similar to the size of the decentralized finance (DeFi) space a year ago. Messari data shows the DeFi subsector now includes 137 assets and is worth over $50 billion. Awaiting Mainstream Attention While the Web 3.0 tokens have outperformed bitcoin and other major coins by a big margin this year, the sector is yet to witness the euphoria or mainstream attention that Bitcoin , Ethereum , DeFi, NFT, and even Ethereum layer 2 projects have received since October 2020. That’s probably because the underlying technology is relatively complex. “Web 3 is not quite as easy as DeFi is to understand, and it's probably 12 months behind DeFi in terms of mainstream awareness,” Kyle Samani, co-founder and managing partner at Multicoin Capital, said. “We expect this to change as consumer-facing applications based on NFTs, social tokens and creator monetization grow over the next 12 months such as Audius, Mirror, and many others.” The DeFi boom began a year ago and has remained intact to date. That sector's market cap has grown from roughly $5 billion in early 2020 to over $50 billion at press time. Samani is confident that Web 3.0 tokens will play catch up as DeFi sometimes gets a bad rep; however, there is no negativity associated yet with the idea of a decentralized internet. Recently, Commodity Futures Trading Commission (CFTC) Commissioner Dan Berkovitz said that DeFi derivatives might be illegal in the U.S. "No one really says that The Graph, an indexing protocol for querying networks like Ethereum and Solana and IPFS, is bad, whereas a lot of people in the existing financial system say that DeFi is bad,” Samani said. "So as the awareness of Web 3 grows, it's hard to see anything but general support and enthusiasm." Institutions Chip In While mainstream adoption is still at least a year away, deep-pocketed investors are pouring money into Web 3.0 tokens. Multicoin Capital is invested in The Graph, Helium, and Livepeer, according to the official website. Grayscale, the world's largest digital assets manager and preferred venue for institutional investors to gain exposure to digital assets, launched a livepeer trust in March. Rayhaneh Sharif-Askary, director of investor relations at Grayscale Investments, told CoinDesk last month that investors are diversifying into Web 3.0 tokens. "It's diversification within the asset class, whether investors want exposure to bitcoin as a store of value, Ethereum for smart contracts," Sharif-Askary said. "And then the other applications beyond that are building upon those networks, and solving other real-world problems," she said, adding that Grayscale's Livepeer trust is structurally identical to the landmark Grayscale Bitcoin Trust ( GBTC ) (Grayscale is a unit of Digital Currency Group, an investment holding company that is also the parent of CoinDesk.) Livepeer's LPT token is up 1,050% this year. The protocol's weekly revenue surged 10-fold to over $10,000 in the February-to-June period, according to data provided by Web3Index. Doug Petkanics, CEO and co-founder at Livepeer, told CoinDesk that online streaming is a $70 billion market and accounts for 80% of the Internet traffic today. Further, the market is set to grow from $70 billion to $250 billion in the next five years, according to analysts' projections, Petkanics said. The prospects for The Graph, and Ocean Protocol are also looking bright , as Messari’s second quarter review said. Aside from the strong use case, many of these Web 3.0 tokens offer attractive yields via Staked, a platform that allows investors to earn yield from staking and DeFi without taking custody of their crypto assets. For instance, Helium's HNT token currently offers an annualized 8.7% nominal yield, while The Graph's the graph ( GRT , 0.40%) offers a 15% yield and LPT offers 30% returns. The high returns led to positive sentiment for these tokens, as reflected in the below sentiment chart. "Traders have been feeling bullish in regard to them, which fuels a network effect," Mancini said. "Traders profit and stake, and, in turn, tell others about the outsized opportunity." The Graph sentiment chart Crypto Market Is Much More Than Bitcoin The days of investors considering crypto markets synonymous with bitcoin are passé. While bitcoin remains the top cryptocurrency by market value, the recent underperformance relative to other coins suggests investors are diving deeper into digital-asset markets to find investments with faster growth potential. "One-week data may not mean much, but if we look over three months, six months, and 12 months, there's a clear shift away from bitcoin into other sub-sectors, Web 3.0 being one of them," Arca’s Jeff Dorman said in a Telegram call. Per Arca's research note published earlier this week, bitcoin has had "both poor up-capture and poor down-capture" this year. In plain English, bitcoin struggled to outperform other major coins during the market-wide downturn observed after mid-April but also underwhelmed as the market recovered in the past couple of weeks. According to Dorman, the data shows that some new investors are bypassing bitcoin and ethereum (ETH, 0.50%) and going directly into other industry sub-sectors. Historically, investors have used the top two coins as gateways.
BLong
by GRAWDAYTRADER
3
BitTorrent BTTUSDT - Bull flag + 1500% gains!- BitTorrent is the most popular torrent client (together with uTorrent). - On the chart we can see a bullish flag , which is currently breaking out! - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - The price retested the ALL TIME HIGH level, we can clearly see a sign of interest at this point. - 1500% gains is possible in next months, so be prepared! - If you want to see more of these ideas, hit "Like" & "Follow"!
BLong
by UnknownUnicorn2537518
32
BTT to .0054+ before Monbday?The RSI Indicating a Uptrend may happen through the weekend. We see a Triple Bottom has been created as we are approaching the end of this wedge pattern. Also we are riding above this resistance & may see a slight pullback before sending us upwards of .0054 as we get closer to Monday. If we do fall below this resistance .0041 may be our next price target to enter, I would predict a consolidation as we move through the weekend if we do break below the resistance.
BITFINEX:BTTUSDLong
by Kyle_Kinnaird
2
BitTorrent (BTT) - August 13Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (BTTUSDT 1W Chart) If the price holds above the 0.0018650 point, it is expected that the uptrend will continue. We believe we have formed a new support zone by touching near the 0.0018650 point and moving up. Accordingly, the upward trend line (1) is expected to show an important trend in the flow of BTT price. (1D chart) If it falls from the 0.0026990 point, it is likely to enter the mid- to long-term investment zone, so you need to trade cautiously. However, it is possible to rise by touching the support section formed in the 0.0008086-0.0011422 section, so countermeasures must also be taken into account. If the price is maintained in the range 0.0035393-0.0052201, it is expected to turn into an uptrend and move higher. According to the CCI-RC indicator (), the CCI line is attempting to break above the zero point. As a result, volatility may occur, so trade with caution. The center line is rising as the green of the OBV in the volume indicator () is increasing. This indicates that the buying trend is increasing. I think the way to get more profit right now is to buy and see support rather than a trade that causes you to buy while the price rises. Accordingly, we recommend buying in installments after confirming the support in the 0.0038418-0.0042346 section. Expect to reorient in the interval 0.0069008-0.0077411. -------------------------------------- (BTTBTC 1W chart) If the price is maintained above the 6 satoshi-8 satoshi range, it is expected that the upward trend will continue. In order to create a new wave, I think it is possible to break out of the downtrend line while maintaining the price above the 12 satoshi-14 satoshi range. (1D chart) If the price is maintained in the 9 satoshi-12 satoshi range, it is expected to turn into an uptrend. However, in order to continue the upward trend, it must rise above the 12 satoshi-14 satoshi section. If it goes down, we need to see if it finds support in the 5 satoshi-6 satoshi zone. As we see the centerline moving upward as the green color of OBV on the volume indicator increases, we expect it to continue its upward trend unless the BTC price plummets. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend 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 the 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. Explanation of abbreviations displayed in the chart 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)
B
by readCrypto
3
BitTorrent BTTUSDT - Bull Flag + 1000% gains!- BitTorrent is the most popular torrent client (together with uTorrent). - On the chart we can see a bullish flag, which is currently breaking out! - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓ - The price retested the ALL TIME HIGH level, we can clearly see a sign of interest at this point. - 1000% gains is possible in next months, so be prepared! - If you want to see more of these ideas, hit "Like" & "Follow"!
BLong
by UnknownUnicorn2537518
9