BitTorrent Weekly (Extreme Bullishness, Over 110% Profits Potent

Hello my beloved Cryptocurrency trader, how are you doing today?
Wishing you a great Sunday... Let's get started.

We looked at BitTorrent on the daily time frame many times in the past, we are lucky and blessed enough to have your support.

Today we are going to be taking a different look and chart BitTorrent (BTTBTC) on the weekly time frame. The longer the time frame, the stronger the signals.

• Here we can see a clearly bullish chart that is just getting started...
  
• A low was hit on the 6 May week which was followed by a strong bounce.
  
• From this week to the next BTTBTC grew from 9 to 16 satoshis (16 satoshis being our first target), for a total of 77.77% profits.
  
• The week closed at 13 below EMA10, just to continue growing to reach a top of 18 satoshis, where we stand today.
  
• The bounce from the 9 satoshis low was supported by above-average volume, high volume compared to the weekly average while on correction mode.
  
• Now BTTBTC is trading above EMA10 and challenging its next resistance at 17 satoshis. We are looking for a weekly close above 17 (18 or higher) for massive additional bullish action.
  
• We have a strong bounce with a followed up from the bulls supported by above-average volume and a break above resistance. BTTBTC continues challenging the next resistance with the intention to go higher.
  

BTTUSDT moved first and already broke its all-time high, this can also be considered a bullish signal for the BTTBTC pair since the former one has been moving first... You can find more information about this unique signal here:

If you want to trade with us, here you can find our full BitTorrent vs Bitcoin (BTTBTC) trade:

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Thanks a lot for reading.

Namaste.

Kommentera:

Our BitTorrent (BTTBTC) trade is now sitting at 100% profits.

You can follow this trade here:

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