BTTUSD trade ideas
BTTUSDBTTUSD is still in a very bullish pattern. Currently consolidating and is starting its initial move for ATH. Ichimoku cloud bullish pattern has not changed. My initial next target around 2 cents has not changed. It will slowly move up in an arc.
BTTUSD: 0.0255 possible?If such a target is going to happen which is quite possible during a bull run, then a target market cap of $16.722 B is expected.
1. We need to not only consider the technicals, but we have to address the total market ecology & statistics.
For example, you can check the following website on the growth rate of "New Blockchain Wallets":
www.statista.com
2. Also, we need to address psychological behavior of the ecology in terms of traders &/or investors expectations.
3. Then, the fundamentals: usages & solutions provided by the crypto asset that we own. Why BNB has been ever growing?!
BitTorrent is an old brand. We uses to take advantage of its downloading services since more than 20 years ago. Right? So, it is know to most of us. Humans very much like to associate what they have with whatever is out there in the real world. We contrast & compare. BTT has already a nice face. Justin took it over since he knew that not only BitTorrent is a famous specialized downloading platform & everybody continues to use it even more in a digital world, but also the brand.
I do not want to elongate this writing, but what I have mentioned here in my viewpoint matters a lot when it comes to trading. Another brand Case Scenario is Doge due to Elon's support. Right?
Still, this is not a financial advice.
BTT Bull ContinuationGood day Traders. BTT getting to point break, AKA Apex. Nice gains if we follow through. Not financial advice, just my current view. Please leave a like if you agree, or let me have your thoughts below. Cheers.
BTTUSD BIG POTENTIAL BUY all the way to 0.01753693Technical Analysis
1. Forming of Large Pennant Pattern
2. Expect the market to fall to Fibonacci 0.618 Level which would complete our Pennant, potential OverSold on RSI and hitting the support structures
3. Fibonacci Level is also sitting on the structure level
4. 3 potential support levels, Horizontal, Trendline and EMA (creating area of confluence)
5. Our Take Profit is sitting on the Flagpole Take Profit length, as well as Fibonacci Expansion Safe, Take Profit Zone at Level 1
To MAXIMIZE your profits it's best to buy at 0.00577231 all the way to 0.01753693 (You can consider buying slightly earlier and hold, then stack additional trades at 0.005777231 if you do not want to miss this huge incoming climb)
BTT moving to the down side out of original breakout range. This is not financial advice. Please do your own analysis before entering any trade. Even after Increased buyer volume at .0085, buyers could not follow thru and are getting smothered by the heavy selling pressure. Next support area is around .0074.
BTT FIB ChannelGood day Traders. BTT just might start the next uptrend shortly. Bottom of the FIB channel reached, time to pump it up imo. Not financial advice, just my current view. Lets go. Please leave a like if you agree, or let me have your thoughts below. Cheers.
BTT going to moon!!!Wow !
I see 0.12$ for BTT. But at first need to break channel. I'll think its happening because BTC index going to near 75 thousand dollars .
then tp is 0.12
good luck!
BTT back within original breakout range. Buyers stepping inThis is not financial advice. Please do your own analysis before entering any trade.
BTT price action has corrected itself back within original break out range. Hit a low of .0078 and noticed buyer volume increase at about .0085. Interested to see if it can remain in original breakout range or breakthrough to the upside for another upward move. Willing to give it some breathing room but will look to enter at another time if it breaks down below .0085.
BTT Ascending TriangleGood Day Traders. Looks like we will be in this wedge for another 5 days before going higher. Not financial advice, just my current view. Please leave a like if you agree, or let me have your thoughts below.
Cheers.
