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AlanSantana
Oct 12, 2019 8:59 AM

BitTorrent vs Tether (Lacking Momentum But Reaching Bottom) 

Description

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.
Comments
klevo1
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
meveme
Yes pls keep an eye on this one also

Cheers
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