BitTorrent vs Tether (Lacking Momentum But Reaching Bottom)
BitTorrent (BTTUSDT) hit a new low recently and moved above EMA10 just to quickly fall back down.
Right now the chart is lacking action/momentum, with BTTUSDT potentially going lower... But at current levels, a bounce is also possible since there is bullish divergence building up with the MACD and RSI.
The blue arrow shows the sideways-bullish scenario.
There are no breakout signals and volume is going lower... More time is needed for the next move. I shall keep you updated.
Thanks a lot for reading.
This is not financial advice.
Namaste.
Right now the chart is lacking action/momentum, with BTTUSDT potentially going lower... But at current levels, a bounce is also possible since there is bullish divergence building up with the MACD and RSI.
The blue arrow shows the sideways-bullish scenario.
There are no breakout signals and volume is going lower... More time is needed for the next move. I shall keep you updated.
Thanks a lot for reading.
This is not financial advice.
Namaste.
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✅ Cryptocurrencies technical analysis & results
t.me/masteranandatrades/9279
✅ Stocks technical analysis
t.me/anandastocks
✅ Enjoyed the content? Join my PREMIUM channels for more... t.me/lamatrades/4 (since 2017)
t.me/masteranandatrades/9279
✅ Stocks technical analysis
t.me/anandastocks
✅ Enjoyed the content? Join my PREMIUM channels for more... t.me/lamatrades/4 (since 2017)
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.