Bullish triangle formed and ready for break out. ABC correction complete and found a bottom. Any further drop would be concerning. Lots of resistance on way up, without increased volume, price will struggle to surpass prior highs. BTS 0.00% price movement will also have big impact. I see BTS 0.00% at 7-10$ by end of 2018 if we see increased volume of overall market. If not, small wave 3 is likely to occur and a possible failed wave 5. Will need lots of volume to push price from Wave 3 into large Wave 5, finding solid bottom on wave 4 correction. BTS 0.00% coin news to be released early summer... will push price higher and increase momentum if market is bullish.
Major Resistance: 4580 sat
5824 sat
10121 sat
RSI low on the daily- Looking good to break
Will be doing TA on several coins
Throw me a follow if you like the content!
Major Resistance: 4580 sat
5824 sat
10121 sat
RSI low on the daily- Looking good to break
Will be doing TA on several coins
Throw me a follow if you like the content!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.