$BTTC

Overall Trend

The chart appears to be in a downward trend over the longer timeframe (1 Year). The price has been steadily declining, with some periods of consolidation.

Resistance Levels

Immediate Resistance: The price has been facing resistance around the 0.00000134 level.

Stronger Resistance: A more significant resistance level seems to be around the 0.00000143 level.

Support Levels

Immediate Support: The price has found temporary support at the 0.00000123 level.

Stronger Support: A more significant support level appears to be around the 0.00000117 level.

Key Indicators

Moving Averages: The short-term moving averages (MA5 and MA7) are below the longer-term moving averages (MA25 and MA200), indicating a bearish trend.

Bollinger Bands: The price is currently within the Bollinger Bands, suggesting potential volatility.

Stochastic RSI: The Stochastic RSI is below the 20 level, indicating oversold conditions. This could suggest a potential reversal or a continuation of the downtrend.

MACD: The MACD line is below the signal line, and the histogram is negative, confirming the bearish trend.

Potential Scenarios

Continuation of the Downtrend: If the price breaks below the immediate support level of 0.00000123, it could continue its downward trend towards the next support level around 0.00000117.

Reversal or Consolidation: If the price manages to break above the immediate resistance level of 0.00000134, it could enter a period of consolidation or even reverse the trend. However, the stronger resistance level of 0.00000143 will likely pose a significant challenge.

Disclaimer: This analysis is based solely on the provided information in the chart and does not consider any external factors that might influence the price. It is essential to conduct thorough research and consider multiple factors before making any investment decisions