BitTorrent BTT crossing into rare territory
As you can see BTT is now into rare country. Only once before in it's small history since Feb 2019 has it traded above the Ichimoku Cloud on the daily chart. Ichimoku Cloud just turned green as well as shown by the red down arrow.
BTT has also just pierced through the 0.618 fib level @ 0.0004151 as it joins rest of market in crushing this bear cycle rejection level.
Red horizontal lines indicate resistance at those levels.
BTT trading above EMA 10 in blue and comfortably heading towards MA 200 in purple.
Expect resistance at MA 200 and a small pullback at this level before next move up.
Once it crosses 1.0 fib level @ 0.0005100, 0.0006 should easily come into play.
Yellow rectangular box at the 1.618 fib level @ 0.006634 indicates target for BTT once it crosses the resistance mentioned above.
Happy trading legends!
HTBB
BTT has also just pierced through the 0.618 fib level @ 0.0004151 as it joins rest of market in crushing this bear cycle rejection level.
Red horizontal lines indicate resistance at those levels.
BTT trading above EMA 10 in blue and comfortably heading towards MA 200 in purple.
Expect resistance at MA 200 and a small pullback at this level before next move up.
Once it crosses 1.0 fib level @ 0.0005100, 0.0006 should easily come into play.
Yellow rectangular box at the 1.618 fib level @ 0.006634 indicates target for BTT once it crosses the resistance mentioned above.
Happy trading legends!
HTBB
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