- Bittorrent (BTT) shows the upcoming reversal signals after the extended direction.
- The last price increases at 0.000071 dollars with the support of increasing trading sizes.
Bittorrent (BTT) analysis indicates positive recovery signals after a long period of landing. The husband is currently trading at 0.000071 dollars while offering an important upper reflection pattern indicating the transformation of the next direction.
The price date reveals that BitTorrent has maintained a declining direction from December 2024 to this day as it created lower consecutive and lower levels. The price recently produced a large green candle indicating that traders re -enter the market with the intention of purchase. The price maintained strong support at 0.00000050 dollars during the month of April before the upper direction appeared.
The recent price increased has been supported by the rise in trading volumes by CMC Data, thus checking the health of the current market movement. The growing market participation shows real interest instead of artificial market movements.
Will BitTorrent (BTT) collapse above EMA for 200 days?
source: Tradingvief
The price site without the 200 -day averages shows the long -term negative market morale. The last price movement shows signs of narrowing the distance between the price and 200 EMA, thus putting the conditions for the upper intersection if the upscale momentum continues.
The MACD index displays the ascension where the MACD curve and the signal curve appear as a bullish intersection, and a graph began to rise at 0.00000002. However, the MACD curve and the signal curve are not fully in the positive area, although the momentum has not yet proven itself completely.
RSI is 69.39 and moved from her excessive condition in March to enter excessive peak levels. A significant increase in the relative strength index is identical to increasing the recent prices because it shows a strong demand for purchase. The average local average topical at 46.13 enhances the growth of momentum growth.
The following main resistance points for traders who want to enter positions are 0.00000080 dollars and $ 0.00000100, which represents the psychological level. The level of $ 0.000050 works as a basic support for the BTT price.
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