BTS/BTC TA Update (Early sign of Bull Breakout?)
BTS/BTC
BTS is starting to show some sign of potential bottoming as the volume is increasing, the price is testing the 50D MA as well.
If BTS fails to break 50MA, I'm eyeing for a pullback at the key support area. This key area must hold and consolidate for at least 1-2 weeks
to provide a decent amount of trading activity to keep the price within the range for the breakout of this bullish descending channel.
BTS is starting to show some sign of potential bottoming as the volume is increasing, the price is testing the 50D MA as well.
If BTS fails to break 50MA, I'm eyeing for a pullback at the key support area. This key area must hold and consolidate for at least 1-2 weeks
to provide a decent amount of trading activity to keep the price within the range for the breakout of this bullish descending channel.
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