*BTTC : REVERSAL TREND SPOTTED!*
Still early stage of bullish season!
Lets Go!
Looking at recent current trend :
Current Trend:
The overall trend leading up to this point shows a significant downtrend, followed by a possible base formation. The last few candlesticks appear to signal consolidation.
Recent Candlesticks:
The last few candles have relatively small bodies, with low volatility indicating indecision or balance between buyers and sellers.
There's no strong bullish or bearish breakout yet.
Potential Pattern:
The recent candles resemble spinning tops or doji-like formations, which often signal indecision and a potential reversal if occurring after a downtrend.
The volume slightly picks up around these candles, hinting at possible accumulation.
Support and Resistance Levels:
Support: Around 0.00000096, where the price recently bounced.
Resistance: Around 0.00000114, which is being tested now.
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Likely Scenarios:
1. If the price breaks above 0.00000114 with high volume, it may start an upward reversal or bullish momentum.
2. If the price drops below 0.00000096, it could signal a continuation of the bearish trend.
