BitTorrent; a breakout or a pullback
Warning: our thoughts are ours; not financial advice.
BitTorrent is another project under our radar, just for speculation purposes only.
BitTorrent's price tests the upper line of its ascending channel for the second time in 3 days.
It was rejected 3 days back, and yesterday, it printed a bearish candle.
Today seems like a very important decision day for the asset; it either breaks this time to the upside or we see a pullback to the lower part of the channel. All-in-all, BitTorrent is still very much on a bullish trend.
BitTorrent is another project under our radar, just for speculation purposes only.
BitTorrent's price tests the upper line of its ascending channel for the second time in 3 days.
It was rejected 3 days back, and yesterday, it printed a bearish candle.
Today seems like a very important decision day for the asset; it either breaks this time to the upside or we see a pullback to the lower part of the channel. All-in-all, BitTorrent is still very much on a bullish trend.
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.
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.