• It is most likely that the coin may further fall to reach the previous low of $0.0011611.
• On June 26, the BTT price was below the 12-day EMA and the 26 -day EMA which suggest that price may likely fall.

BTT/USD Medium-term Trend: Ranging

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

Yesterday, June 26, the price of BTT was in a sideways trend. On June 26, the BTT price was below the 12-day EMA and the 26 -day EMA which suggest that price may likely fall.  Today, the market is on a downward trend. It is most likely that the coin may further fall to reach the previous low of $0.0011611.

Then the bulls may likely take control of price.  The 12-day EMA and the 26-day EMA were contracting as a single line indicating that the price 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 Zcoin is in the oversold region of the daily stochastic but below the 40% 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 was 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 overbought region of the daily stochastic but below the 60% 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.