BitTorrent Is Forming Double Bottom Inside A Mighty Channel | BTT Price Prediction

By moon333 | moon333 | 31 Dec 2021


 

Hi friends, hope you are well and welcome to the new update on BitTorrent ( BTT ) token.

Big channel:
On weekly time frame, after getting rejected by the resistance of a down channel now the priceline of Bittorrent is moving in a strong support zone . This support zone starts from $0.00295 to $0.002470. There is also the resistance of EMA 21 below the resistance of this channel. The priceline is also forming a double bottom at this support.

snapshot


Ichimoku cloud:
On a daily time frame, since Sep 2021 the priceline of BTT is moving under the resistance of Ichimoku bearish cloud. There is also resistance of 100 SMA (yellow line) at the resistance of this cloud. If BTT breaks out this resistance of cloud and SMA 100 then there will be a high probability that BTT may break out the resistance of the channel on the weekly time frame chart as well

snapshot  

You can also support my work at Patreon for more ideas:

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In order to play and watch the current performance of the chart you need at least a free account on tradingview:

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Link for Binance exchange, to trade crypto:

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Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.

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moon333
moon333

Hi, My name is Atif Akbar and I am a trader and trading charts author


moon333
moon333

Hi my name is Atif Akbar and i am trading charts author of different assets like crypto, forex, commodities, CFDs Stocks e.t.c.

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