BTTC is trading at 0.00000111 with an increase of +2.78% in the last 24 hours. Trading volume is relatively stable, but there has not been a major breakthrough in the trend.
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15-minute frame: The price is fluctuating in a narrow range between 0.00000110 and 0.00000112, close to the middle band of the Bollinger Bands, indicating a sideways trend. RSI is at 58, indicating that the market is not showing overbought or oversold signals.
1-hour frame:
Strong support: 0.00000108
Important resistance: 0.00000112
Bollinger Bands are narrowing, indicating that the price is accumulating. RSI at 62, close to the overbought area. MACD is positive but there is no clear divergence, suggesting that the upward momentum is still weak.
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1. Entry point: If the price breaks through 0.00000112 with high volume, a buy order may be placed with the expectation that the price will reach the area of 0.00000115.
2. Take profit: 0.00000115 - 0.00000118, depending on momentum and trading volume at that time.
3. Stop loss: Set at 0.00000109 to limit risk when the price reverses downwards.
Note: If the price falls below 0.00000108, consider a short selling strategy with a target at 0.00000105.
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BTTC is in an accumulation phase with short-term resistance at 0.00000112. The safe strategy is to wait for a clear signal when the price breaks resistance with high volume.
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