To a new 'eye', it is hard to tell what is going on with this chart.
- You could say that the price has gone flat because the pair is dead.
- You could say there is no and no action so a dump is very likely to come...
But that is not the case when you look at hundreds of different charts. Here we can see a consolidation period that almost reached its goal...
And now, finally, BTTBTC is trading above both EMA10 and EMA50 passively, our main resistance levels which signal that the next move is getting close.
- The is strong/ above 50.
- The is now above 0 as well (Zero is neutral. Above it can be considered potential and below is ).
Both are still printing and continue moving up.
BitTorrent is a huge project with a real product, this is an important detail to know... It is taking its time but once it moves, it will have more strength, momentum, hype, growth, and than most of the other coins.
There is no going back once this starts to move up.
Can it go any lower?
Once you reach the bottom, the only place left to go is up!
Feel free to hit like to show your support.
Thanks a lot for reading.
TRON ( TRXBTC )
Bitcoin ( BTCUSD )
BitTorrent (BTTBTC) continues to consolidate.
Accumulation/consolidation is taking place.
We hold tons of BitTorrent too.
Even worst as many people do
What happened to this coin !? Who knows
What is Justin sun doing about it :)))
I had other things
I sold , moved to btt. Mistake I know.
All I have is btt :(((((
I sold at some time bttusd. Stupid me bought back early
I know still same chart valid, but we will be thankful to you if you post again technical analysis with little bit changes to keep us motivated :)
So as long as it remains flat, the chart remains the same.