Bit Torrent Price Prediction Today: Daily (BTT) Value Forecast – June 20

  • The price of BTT was in a downward correction after the bulls were resisted at the $0.001800 overhead resistance.
  • The price fell to a low at $0.001161 on June 9.

BTT/USD Medium-term Trend: Ranging

  • Resistance Levels: $0.001400, $0.001600 ,$0.001800
  • Support levels: $0.001200, $0.001000, $0.0008000

Yesterday, June 19, the price of BTT was in a sideways trend. The price of BTT was in a downward correction after the bulls were resisted at the $0.001800 overhead resistance. The price fell to a low at $0.001161 on June 9. The 12-day EMA and the 26-day EMA were contracting as a single line indicating that the price of BTT is in a sideways trend.

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. The crypto’s price fluctuates below and above EMAs. As the crypto’s price is fluctuating in a tight range, there is a likelihood of a bullish or bearish breakout. Meanwhile, the price of BTT is in the oversold region of the daily stochastic but below the 60% range. This indicates that price is in the bearish momentum and a sell signal.

BTT/USD Short-term Trend: Bearish

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

The BTT price is currently trading at $0.001282 price level. 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.'

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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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Azeez Mustapha
Azeez began his FinTech career path in 2008 after growing interest and intrigue about market wizards and how they managed to become victorious on the battlefield of the financial world. After a decade of learning, reading and training the ins and outs of the industry, he’s now a sought after trading professional, technical/currency analyst and funds manager - as well as an author.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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