EMA300 has been blocking BPTBTC since mid-December 2019... This is marked by the gray line on the chart.
At the present time, on the right side of the chart, we can see BPTBTC finally moving above this level. Staying above it can lead to strong additional growth (green arrows).
Yesterday's candle printed really big volume, the biggest volume bar since January 2020, this is a strong bullish signal.
All this volume also coincides with the challenge of EMA300.
We also have bullish indicators with the MACD above the zero line.
We can see more from this pair in the weeks ahead. The altcoins market continues to be strongly bullish in general, many altcoins are just getting started and looking ready to boom.
Thanks as always! I saw SelfKey partnered with Polkadot. I feel like KEY has been floating around the same price for a while and most recently went up a bit - any chance it goes higher?
AlanSantana
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@InsideCrypto, It just had a really strong breakout, it can easily go higher.
InsideCrypto
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@alanmasters, good to know! I'm keeping my eye on it. Thank you for the input.