$BTTC

my analysis of BTTC for the next few hours and days, here is a detailed analysis with the conclusion at the end.

4h period analysis:

BOLLINGER

we can see that after the big highs of the previous days, the current value is crossing the center of the Bollinger, indicating that the price is normalizing, as it is still far from the lower band of the indicator, this suggests that its value will continue to fall before normalizing,

MACD:

we can see that the sales volume, despite gaining less strength, the candles formed are still filled, suggesting that the fall will continue, however, a period of consolidation before the fall continues is very common, since, even if the sales volume is not gaining strength.

RSI:

We can see that the RSI value is still in the 41 range and came from a very high value in the overbought region, as it is between the center and the oversold region, this suggests that we are approaching the end of this fall.

1d period analysis:

BOLLINGER:

Although it is difficult to see in the chart in question, the value came very close to the upper Bollinger band and at this moment it returned to the center, suggesting a fall as in the 4h period. However, I would like you to notice that its volatility has reduced drastically recently, suggesting that the asset's value will not suffer any more major falls.

MACD:

We can see that the buying volume is losing strength and the selling volume is recovering. There is still 1 more candle to close pairs without an analysis with more precise signals, however, everything suggests that the fall in question is beginning.

RSI:

Although the RSI is rising, it did not come from a strong bottom, suggesting that it is just a small retraction.

My conclusion:

Although there are some signs of consolidation, there are many signs that the fall will continue. However, with reduced volatility, it suggests that the value is close to support, suggesting that it will be for a short time.

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