- The BTT token obtains strong support from the 200-day EMA
- The BTT/BTC pair trading at 0.00000005929BTC, with a gain of 4.32%,
- The 24-hour volume of BTT tokens are $435.1 Million, indicating a 9.8% gain
The BTT Technica chart presents an excellent long opportunity for crypto traders with the formation of an ascending triangle pattern in the daily time frame chart. The key resistance(neckline) for this pattern is at the $0.0042 mark, and these traders can obtain an entry signal once the price provides a decisive breakout from the overhead resistance.
According to the crucial EMAs, the BTT token maintains its uptrend as its price trades above the 200 EMA line.
The RSI value is 52, indicating a neutral to slightly bullish sentiment for BTT tokens.
The BTT Token Would Soon Retest The $0.0042 Resistance.
For almost two weeks now, the BTT token price has been resonating between $0.0042 and $0.00372 levels, creating a narrow range in its chart. The price has recently plunged back to this bottom support, and now it’s preparing for another bounce and retest the crucial resistance. The BTT token is currently trading at $0.0039 with an intraday gain of 2.72%.
The crypto trader can mark the traditional pivot levels in their chart, showing strong confluence with the chart levels. According to these pivot levels, the nearest resistance for BTT token at the $0.0042 mark, followed by the $0.545 mark. As on the flip, the crypto traders can expect significant support levels at $0.00326, and later 0.0024
Conclusion: The short-term trend for the BTT token remains bearish. However, as mentioned above, the token is currently resonated in a bullish pattern, and a proper breakout from its neckline should provide a better chance of starting a new rally.
Support $0.00365
Resistance $0.0038