BitTorrent vs Tether (Lacking Momentum But Reaching Bottom)

12 באוק׳ 2019

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.