Below is an updated analysis for three cryptocurrencies: BitTorrent Chain (BTTC), Avalanche (AVAX), and Cosmos (ATOM), including current prices, technical analysis, and related events in the past 24 hours and expected in the next 48 hours.
1. BitTorrent Chain (BTTC)
#📊 Market Information
• Current Price: $0.0000007027
• 24h Volatility: -1.30%
• Market Cap: $692.57 million
• 24h Trading Volume: $17.83 million
• Circulating Supply: 986,061.14 billion BTTC
📈 Technical Analysis
• Overall Signal: Neutral
• RSI (14): Neutral
• MACD: Neutral
• Williams %R: Neutral
• ADX: Neutral
15M & 1H Frame: Light sideways, weak volume, neutral RSI
4H & 1D Frame: Increased selling pressure, RSI below 50, MACD crosses down
Short-term Future Strategy
Short Entry at: $0.0000007050 – $0.0000007100
SL: $0.00000072
TP1: $0.00000069
TP2: $0.00000067
Recommendation: Only enter orders when volume increases with confirming bearish candles. Avoid Longs when the trend is still weak
🔍 News & Events
• BTTC has experienced a strong price increase recently due to large token burning activity, however, it is currently undergoing slight adjustment.
2. Avalanche (AVAX)
📊 Market Information
• Current Price: $19.75
• 24h Volatility: -0.51%
• Market Cap: Data not available
• 24h Trading Volume: Data not available
📈 Technical Analysis
• RSI (14): 47.91 – Neutral
• MACD: 0.50 – Buy
• ADX (14): 14.60 – Buy
• Williams %R: -70.64 – Buy
• CCI (14): -24.00 – Neutral
15M & 1H Frame: Sideways trend - RSI ~50
4H Frame: Slightly positive MACD, weak buying pressure
1D Frame: Reversal hammer candle appears but not confirmed
Short-term Future Strategy
Long Entry at: $19.20 – $19.40 (near support)
SL: $18.85
TP1: $20.20 | TP2: $21.00
Recommendation: Can open light Long position if the price retests the support area $19.2 – $19.4 and a clear reversal pattern appears.
🔍 News & Events
• AVAX has recently increased in price but is facing strong resistance around $30 due to many addresses being at a loss.
3. Cosmos (ATOM)
📊 Market Information
• Current Price: $4.05
• 24h Volatility: -2.41%
• Market Cap: Data not available
• 24h Trading Volume: Data not available
📈 Technical Analysis
• RSI (14): 40.2 – Neutral
• MACD: Below the signal line – Downtrend
• Williams %R: Data not available
• CCI (14): Data not available
15M & 1H Frame: Short-term downtrend, low RSI
4H Frame: Price is pressed below the MA line
1D Frame: Still in long-term downtrend
Short-term Future Strategy
Short Entry at: $4.10 – $4.20 (short-term resistance)
SL: $4.28
TP1: $3.90 | TP2: $3.75
Recommendation: Only open Short if the price recovers to the resistance area without a clear breakout
🔍 News & Events
• ATOM has attracted attention from major financial institutions like BlackRock, however, it has not yet overcome bearish signals after a 40% correction this year.