We have a Rising 3 Methods Visible on the Daily after having moved away from the lows in the presence of Bullish Divergence; The Rising 3 that we've formed at the current level suggests that the BTT will continue to shift away from the lows and atleast make a Common Retrace.
Someone is buying a boatload of BTT...look at that volume
Bull flag on the larger timeframe, volatility getting tighter.
The last MACD & ema 9 cross was above zero...bullish
RSI riding the same trendline out of the oversold territory.
BTT has tremendous upside channel potential!
- Huge Fibonacci retracement 9/10
- SMA 14 RSI 4.6
I'm going to buy long because of these two technical indicators. Fibonacci retracement at 9/10 is a great combination that goes alongside the RSI 4.6 pointing to a good entry point for new buyers, solid technicals for large upside from large oversold downside...
Happy Icy Texas Friday, Traders!
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Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto...
We have seen price go higher after it has entered the M(OB). Now it seems to be retracing towards the M(OB) around 0.0032 which is where I expect it to get rejected before it continues going higher.
Furthermore, the weekly TF is showing that price has previously purged through the previous Weekly temporary swing high signaling future higher prices, hence we...
Looking at BTT and the pattern it formed today it reminds me on and analysis i once did on SHIB months before it went ape it looked just like this. Ever since BTT was listed it went parabolic once which was 1st quarter 2021 create a new ATH of $0.013 and its been on a down trend ever since and has bounced twice on our major support of $0.001.
when it holds that...
Using again the Cloud indicator,
extreme support can be seen building in the orange zone, with many touches at the bottom of this zone
this was a support even before the massive breakout, expect another breakout if it continues to hodl
Just as the price fall, price tries to gain momentum to the upside but couldn't go further. We see a symmetrical triangle formation so a break in any of the trend lines the price moves in that direction
BitTorrent has grown by about 80% after flooring in the 0.0020 zone with an Increased buying demand.
The descending trendline is broken and submitted above it.
The growing trendline also touched and reacted to a resistance zone on 0.0042 and another dynamic resistance.
in case of any slump, 0.0033-0.0032 zone would be a good area for entrance.
Support areas: ...