BitTorrent Is Getting Stronger | Consolidation Last Call
Updated
The BitTorrent (BTTBTC) chart is getting stronger...
To a new 'eye', it is hard to tell what is going on with this chart.
But that is not the case when you look at hundreds of different charts. Here we can see a consolidation period that almost reached its goal...
And now, finally, BTTBTC is trading above both EMA10 and EMA50 passively, our main resistance levels which signal that the next move is getting close.
Both are still printing bullish divergence and continue moving up.
BitTorrent is a huge project with a real product, this is an important detail to know... It is taking its time but once it moves, it will have more strength, momentum, hype, growth, and volume than most of the other coins.
There is no going back once this starts to move up.
Can it go any lower?
Once you reach the bottom, the only place left to go is up!
Feel free to hit like to show your support.
Thanks a lot for reading.
Namaste.
TRON (TRXBTC)
Bitcoin (BTCUSD)
To a new 'eye', it is hard to tell what is going on with this chart.
- You could say that the price has gone flat because the pair is dead.
- You could say there is no volume and no action so a dump is very likely to come...
But that is not the case when you look at hundreds of different charts. Here we can see a consolidation period that almost reached its goal...
And now, finally, BTTBTC is trading above both EMA10 and EMA50 passively, our main resistance levels which signal that the next move is getting close.
- The RSI is strong/bullish above 50.
- The MACD is now above 0 as well (Zero is neutral. Above it can be considered bullish potential and below is bearish).
Both are still printing bullish divergence and continue moving up.
BitTorrent is a huge project with a real product, this is an important detail to know... It is taking its time but once it moves, it will have more strength, momentum, hype, growth, and volume than most of the other coins.
There is no going back once this starts to move up.
Can it go any lower?
Once you reach the bottom, the only place left to go is up!
Feel free to hit like to show your support.
Thanks a lot for reading.
Namaste.
TRON (TRXBTC)
Bitcoin (BTCUSD)
Comment
This same chart remains valid.BitTorrent (BTTBTC) continues to consolidate.
Comment
We have the same chart.Accumulation/consolidation is taking place.
Comment
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