Bit Torrent Price Prediction Today: Daily (BTT) Value Forecast – July 18


  • On the upside, if the bulls break the $0.001000 price level, the crypto's price will be in the range bound zone  and possibly retest the upper price range.
  • Meanwhile, the BTT coin is fluctuating between the levels of $0.001000 and $0.001600.

BTT/USD Medium-term Trend: Ranging

  • Resistance Levels: $0.001400, $0.001600 ¸ $0.001800
  • Support levels: $0.001200, $0.001000, $0.008000

Yesterday, July 17, the price of BTT was in a bullish trend.The  bulls are making an upward move towards the EMAs. On July 16, the downward correction ended at the price of $0.000800 support level. On the upside, if the bulls break the $0.001000 price level, the crypto's price will be in the range bound zone  and possibly retest the upper price range.

Meanwhile, the BTT coin is fluctuating between the levels of $0.001000 and $0.001600. The 12-day EMA and the 26-day EMA are trending horizontally indicating that price is in a sideways trend. The crypto’s price fluctuates below and above the EMAs. The crypto’s price includes small body candlesticks like the Doji and Spinning tops. These candlesticks describe the indecision between the buyers and the sellers.

Meanwhile, the price of BTT is in the oversold region of the daily stochastic but below the 20% range. This indicates that price is in the bearish momentum and a sell signal.

BTT/USD Short-term Trend: Bullish

On the 1-hour chart, the BTT price was in a bullish trend. The 12-day EMA and the 26-day EMA are sloping upward. The crypto’s price is falling and at same testing the 12-day EMA to break above the EMAs.

The bulls have broken above the EMAs as the bullish trend resume .Meanwhile, the price of BTT is in the overbought region of the daily stochastic but below the 80% range. This indicates that price is in the bearish momentum and a sell signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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