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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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.
🚨 The difference between weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd 👉 t.me/lamatrades/4
💥💥💥80% OFF Discount offer now!
t.me/masteranandatrades/6159
🏆 TOP Results
t.me/anandatrades/1183
💥💥💥80% OFF Discount offer now!
t.me/masteranandatrades/6159
🏆 TOP Results
t.me/anandatrades/1183
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.