1 BTT = ¢0.5 USD -- Will it really go up fast?

_{Charts by TradingView}

From mid-May to the end of June, BitTorrent alligator seemed to be aggressively looking for prey, descending quickly from resistance at ¢0.46 and getting stuck at support at ¢0.18.

It then slowed down a bit and continued its slow descent, getting stuck again at the ¢0.19 support at the end of July. It then bounced back and rose quickly until stopping at resistance ¢0.51 today.

Meanwhile, the MACD (Moving Average Convergence Divergence) oscillator seems to have just moved from a bearish position to a bullish one. This means that the price of this asset, which was previously down, has began to bounce up.

And the Stochastic RSI (Relative Strength Index) oscillator seems to have started moving from neutral territory towards overbought. This indicates that market prices are still in line with fair prices, but with a tendency to rise.

On the other hand, in the picture below, bitcoin, which had fallen earlier, showed up right away. And even though it has slowed down a bit, it still appears to be rising. Usually, when bitcoin goes up, it pulls all the other altcoins.

At this point, the almost closed mouth of the alligator seems to be opening upward a bit. Will he really go up quickly and fast?

Let's continue following the adventure of this BitTorrent alligator.