alanmasters

BitTorrent vs Tether (Lacking Momentum But Reaching Bottom)

BINANCE:BTTUSDT   BitTorrent / TetherUS
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.
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Related Ideas

do not rely tradingview volume count its false AJUST TO THE REAL VOLUME UYOU MISLEAD PEOPLE WHO ARE NEW TO THIS AND U KNOW IT / TRADING VIEW ADJUST THE PROPER FKN VOL ITS a ROCKET and u aint gonna stop it 0
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Yes pls keep an eye on this one also

Cheers
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