n4gtrend

$TUT Scenarios and technical analysis.

#TUT is currently trading in the discount zone on the weekly time frame, which means price is cheap and could rebound from here any moment, but being in a discount zone alone doesn't guarantee a rebound in an asset, you must add some other elements, and by adding those elements i could say that the chance of a rebound exists at these below price levels organized descendingly:

0.02270$
0.01678$
0.01520$
0.01402$
0.01337$
0.00790$

Which means for example, If the price reaches 0.02270$, it might go up sharply, but the continuity of it going all the way up to 0.03 is not guaranteed, and it might fall again later (in an hour, day, week, etc....) And if it falls again then the next level where the price will stop will be at 0.01678$ and so on.

It's also worth noting that TUT is moving against the market, meaning that if the market is moving upward, TUT is falling and vice versa.

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