BitTorrent; a breakout or a pullback

Warning: our thoughts are ours; not financial advice.

BitTorrent is another project under our radar, just for speculation purposes only.

BitTorrent's price tests the upper line of its ascending channel for the second time in 3 days.

It was rejected 3 days back, and yesterday, it printed a bearish candle.

Today seems like a very important decision day for the asset; it either breaks this time to the upside or we see a pullback to the lower part of the channel. All-in-all, BitTorrent is still very much on a bullish trend.