Post
Topic
Board Altcoin Discussion
Re: 3 Most Promising Cryptocurrencies in 2019 - Detailed Analysis
by
Zythiphill
on 26/02/2019, 23:26:45 UTC
1.BitTorrent(BTT/BTC)-Binance

BitTorrent (BTT) came into existence in the cryptocurrency world on Binance’s launchpad with positive support from the community and is backed by TRON community as well.

BitTorrent Price for today is $0.0009521(BTT/USDT), with a total circulating supply of $990,000,000,000 and a market capitalization of $3,630,797 and its one of the cryptocurrencies with upside potential.

Let's look at the latest 4-Hourly chart of BTT/BTC(Binance) pair:

Since its inception (31st January 2019) on the Binance exchange, the pair saw 500+% surge in satoshi within a week. It then saw a healthy pullback to 0.618 Fibonacci Levels on 10th February 2019.

Bullish Case:


24 Satoshi level has been providing preliminary support which is also the base of the triangle chart pattern.

There is a likelihood of triangle breakout in an upward direction since there is a lot of hype for the project recently. Hence the sentiments are bullish. If it breaks the triangle upside then Two key levels of Resistance(red bars) will be tested around 31 and 36 satoshis.

Read here to know in detail: https://coinswitch.co/news/3-most-promising-cryptocurrencies-in-2019-detailed-analysis
btt showed very good growth, and I think for a long time the coin is very well suited, I would also still take tron and bnb they are just as rasli when the market is very much falling!