The BitTorrent (BTTBTC) chart is getting stronger... 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 volume 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 RSI is strong/bullish above 50.
The MACD is now above 0 as well (Zero is neutral. Above it can be considered bullish potential and below is bearish).
Both are still printing bullish divergence 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 volume 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.
Namaste.
TRON (TRXBTC)
Bitcoin (BTCUSD)
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This same chart remains valid. BitTorrent (BTTBTC) continues to consolidate.
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We have the same chart. Accumulation/consolidation is taking place.
Oooofffff
What ride
This coin has driving us crazy dude
Well been over months that still consolidating
Let’s see man
ll2coo2lj
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Hodling and accumulating. Just a matter of time
Sletskebar7
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There is some movement going on with BTT today. Could it be?
Sletskebar7
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Lalalaaaaa
kamrankhattak
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Looks like we are headed to Zero :(
meveme
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It’s been a FXXX ing consolidation mate
Cheers
AlanSantana
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@meveme, You got that right... I understand your feeling.
We hold tons of BitTorrent too.
meveme
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@alanmasters, that’s scary
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
kamrankhattak
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@alanmasters, according to your chart price start to increase or go up from start of Nov. And now we are almost at the end of Nov.
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 :)
What ride
This coin has driving us crazy dude
Well been over months that still consolidating
Let’s see man