BTT possible bounceBTT swing opportunity. It seems that the BTT Correction as drawn an ABC. while the C seems to have finished at the 0.618 level a bounce could be anticipated here. Be careful as any BTC dip (which is highly likely) will ruin this current setup.
BTT
BitTorrent - BTT - Crypto - Is at the buy zone?BitTorrent - BTT - Crypto - Is at the buy zone? Price is in the .007 range. Looking for bullish reversal. This is a sub penny coin right now. What is the potential?
BTTUSDT HAS ENTERED BULLISH HOORAYas you can see from the points, in the image, BTT has entered the best time to fly. Triple bottom, go down to support level made by Ichimoku, reaching MA 100 and bounced back. Good chart pattern. It's time for BTT to fly. I won't make a ridiculous target. Just target the ATH of BTT. Let's hope there's a lot of positive news with BTT. GO BTT BULLISH!
🔥 BTT Potential Break Out On The HorizonAfter seeing immense returns a couple of weeks ago, the hype around BTT has evaporated and moved over to other assets. DOGE is a good example.
When looking at the chart there's a clear pattern. Not really a triangle, but something is brewing. The 0.0075 resistance is holding strong, the tops are getting lower. Classical bearish pattern.
However, we're currently in a very strong period of the bull cycle, so I'm optimistic about this pattern.
For reference, my RVN analysis of last night:
My best guess would be that we're going to see a strong increase in volume/price in the coming days. Keep an eye out on BTT!
Happy trading!
Let's get that BTT triple multiplier again! TRX ecosystem pump!ETHUSD TRXETH BTTETH all bullish for that triple multiplier on the daily EMA bounce. BTT is under $.008. Worst case scenario is that we stay flat in USD. We are doing it again. LFG!
TRON Ecosystem Ready for Liftoff! (Elliott Wave Analysis)After doing a detailed Neowave/Elliott Wave analysis with Neowave Founder Glenn Neely, we came up with several potential counts for TRX. The above count is what I personally think is the most likely possibility because it follows all required rules as closely as possible compared to the other counts. Of 5 possible counts, 4 are bullish, and 1 is bearish but near term could still be bullish. Also out of the counts the above one is the one that makes the most sense BY FAR and I will only be considering the others if there is more information which eventually confirms one of those as being correct or the above chart as being incorrect.
Reasons why the above chart is nearly perfect:
In the first triangle:
Wave-a of the first triangle is violent as is expected in a contracting triangle
Wave-b is longer in time than wave-a
Wave-c is equal to (a+b)/2 and relates to wave-a by 62% in price
Wave-d is equal to (b+c)/2 in time and 38% of wave-b in price
Wave-e relates to (c+d)/2 in time
Wave-x retraces less than 62% of the contracting triangle
The first contracting triangle and the 2nd contracting triangle with reverse alternation have perfect alternation between them:
In 1st triangle wave-a and b are short and strong, in 2nd triangle they are long and weak
In 1st triangle wave-c is long and weak, in the 2nd it is short and strong
In 1st triangle wave-d is small and weak, in 2nd it is big and strong
In 1st triangle wave-e is very short, in 2nd triangle wave-e is very long
In the 2nd triangle:
Wave-a is slow and weak as expected with reverse alternation
Wave-b is equal to wave-a in time and retraced wave-a 62%
Wave-c is equal to (a+b)/4 in time, and equal to wave-a in price
Wave-d is equal to (b+c) in time, and equal to 162% of wave-b in price
Wave-e is equal to (c+d) in time, and equal to 62% of wave-a
Because there are virtually ALL required NeoWave time and price ratios, and because the triangles have perfect alternation between them, the evidence is STRONGLY favoring that we are about to complete this correction and see a MASSIVE move upward over the next few months.
This perfectly coincides with a new NFT protocol being released on TRON and promoted by celebrities like Lindsay Lohan and NeYo who are very popular in both China and the US. As well as several smaller TRON-based projects reaching significant milestones in their development, and increasing marketing efforts by the developers and third party promoters.
TRX is also getting close to having a deflationary supply as the amount from fees burned begins to overtake the amount of block rewards that are earned by the Super Representatives. As usage of the network continues to increase at a logarithmic pace so does the amount of fees burned, which is likely to lead to most of the supply of TRX being burned over time.
Early targets are $1-10 for TRX by this summer, and could go as higher than $100 by next year. Very late stage targets (within 10 years) could be higher than $10,000 as most of the supply of TRX will be burned and demand will have increased massively.
Projects on TRON that I also like which could potentially be more profitable than TRX in the long term:
BTT, JST, SUN, WIN, KLV, KFI and BTZC
BTTUSDT updated predictionIn this prediction, i predict that BTTUSDT need to break out from the bearish trendline.
After breaking the bearish trendline, BTTUSDT will continue to phase 1. After phase 1 finished, BTTUSDT will be exhausted and need to do some retracement first, before continuing it's journey to climb to phase 2. But, that's the happy one. First we need to wait for the break out of BTTUSDT. Hope there's no bad sentiment from BTCÐ, so that BTTUSDT can follow WIN/USDT footstep and fly until near the peak of BTT/USDT. Of course this is just a prediction made by me. There's a lot of factors that need to be considered. This prediction made by using divergence and chart pattern. It can be seen that there's a lot of indicators that have bullish divergence, in fact there are 9 indicators with bullish divergence. So it can be concluded that BTTUSDT has a high chance to break out from the bearish trendline and start a huge bullish movement. Please don't FOMO if you are late entering the market. That's all from me. Have a fun day. Hope if you have any suggestion or critiques, please comment!
Potential 16% and 31% ProfitBTT is forming a triangle. Without any dump in the market, a breakout will happen soon. Targets are shown in the chart.
* NOT FINANCIAL ADVICE