BTTC/USDT Secondary trend. Wedge.Logarithm. Time frame 3 days. Locally, a descending wedge is forming, almost in its final phase. Note that the trading volume is minimal, and is decreasing.
🟢If there will be its breakout — the local potential is shown. That is fractal repetition of the movement as before.
🔴Breakthrough down to the lower zone of the channel — to begin with the rebound of the right shoulder of the big head and shoulders, to the meridian of the channel, and there it will be seen...
Linear, for greater clarity, without market noise.
Local. Time frame 1 day.
BTTUSDT
Looks like it's time to buy Times are fleetingAfter the severe falls According to its first rising wave, it was able to conquer a good peak, then a good correction was made. In the most pessimistic case, if it does not even have a token burn, with the potential that exists in this and also its support by Justin Sun, this currency has the ability to grow up to the limits of It has a show in 2024 Fluctuations in this currency are brutal, please stay in control The path to wealth and poverty are close together. in these cases Good luck
Top Gainers (Binance) : BitTorrent (BTT)Daily Chart - Trendline Breakout.
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A risky entryIn this analysis, we examined the important ranges of support and resistance in daily and hourly time.
Also, there is a possibility of forming a corner pattern in this currency, but no confirmation has been given yet.
A risky long position has been identified in this analysis, which risk-loving friends can enter.
Low strength in bullish trendDue to the low power of buyers, I think we will have a short-term downward trend
The price of 35.5-37k is a good range to buy and it will probably be the last chance to enter.
Below I will mention some attractive altcoins for you
Fil , BTT , ENJ , OMG , SXP , ONE are high risk coins
TRX , ADA , AVX , ALGO , CRV , SOL are stable
✴️ BiTorrent | 66.66% & 204% First... (Name Your Altcoin #23 ✅)It has been years since we looked at BitTorrent, BTTUSDT, a cryptocurrency that we got to trade as soon as it was launched and boy, we had a wild ride, up and down, down, down and down...
Right now it is looking up.
I have great news for you if you are a BitTorrent fan, trader or holder, all the signals are good for a bullish breakout to take place.
Let's review them together, shall we?
First is the mid-June 2022 low, this is the "bottom".
The drop that happened in November to recover in January, marked here with a yellow "cup" like pattern is just the liquidity hunt event, the stop-loss activation move, the final shakeout.
As BTTUSDT moves back above the June 2022 low, technically you could count the whole period as the accumulation phase.
Even if you ignore all of this the last shakeout is a strong bullish signal.
If prices stay below the June 2022 low, it would be strongly bearish and definitely lead to lower prices, now that we are back above the picture changes completely.
Last week a Doji appeared, red, with really high bearish volume, yet this week we are green. Translation, all selling pressure was absorbed by the bulls.
Trading volume has been going up massively lately, this can also be seen clearly on the chart.
I was going to go a bit deeper but this is enough.
The entire cryptocurrency market is interrelated, connected and we know this to be true just by looking at past history.
Hundreds of pairs/charts that I shared recently have the exact same pattern but already above EMA10, EMA21, EMA50, etc.
As the market is connected, BTTUSDT will follow and do the same.
We are set to grow and this is good... 66.66% is the first main target and over 200% mid-term.
There will be more of course, but we start shy and conservative and expand as the market grows.
I hope you enjoyed the analysis.
I appreciate your support.
Namaste.
BTT/USDTThis BitTorrent coin is crazy, isn't it?
My entry (green) was insane itself xD, but what can I lose? A few dollars, it's worth the fun!
Today will be defeated $0.01!
Target $0.1 minimum :D !!!
Pure gambling..
BTT forecast !I don't want to exaggerate about BTT, but if we put aside the fundamentals of this currency and only focus on the technical, we can see in the monthly time of this currency that its first resistance during the current fall will be approximately equal to 0.00042842 and it may break the square resistance range and It will reach 0.00021795, but after that it will grow up to the price of 0.00611891, which is the first resistance based on Kijun. Please note that the corrections have not been calculated.
good luck
BTTOLD - Breakout FormationBTTOLD has formed a nice bullflag structure
This is a breakout above the dominant downtrend in orange
Very similar to a prior bullflag that can be seen in green circle
Great long opportunity
BTTOLDUSD - Repost Giant bullflag above previous price lows and support points
Big opportunity, daily timeframe. Linking another analysis of the same chart below.
BTT is going to increase soonBTT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement (AB=CD) .The break out needed for increasing further has not happened but it should happen pretty soon.This chart and Info are Provided by our Sponsor WHITEBIT Exchange. Please Check their Exchange Using the link down below.
-BTT is in an ascending triangle
-no break out yet
-prics can increase soon (AB=CD)
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Thank you for seeing idea .
Have a nice day and Good luc
BTTOLDUSD Monthly Chart An opportunity presents itself on the Monthly timeframe for BTTOLDUSD, as price shows a sharp dip below a strong level of support, this dipped is quickly recovered and the support maintained
This is considered very bullish in my opinion and a long entry along this support line is nice
SHORT for a while then Long when change of character occurs. Upside rally continues but Equal highs are close by creating equilibrium of positions .
Liquidity is targeted to the upside but sellers positions are bearish heading down. Bearish market for now until a
change of character or major confluences occur eventually rally the upside will occur then.
Good luck Traders.