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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🚨 Long-term Financial Success Available » Make The Right Choice » Join NOW! 👉 lamatrades.com (Since 2017)
🥇 9999% Results
t.me/masteranandatrades/5935
t.me/anandatrades/971
🏆 FREE Trade-Numbers
anandatrades.com
🥇 9999% Results
t.me/masteranandatrades/5935
t.me/anandatrades/971
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.