FIb retracement 50% level is a crucial support and the trend channel and internal trend lines too. As far as BTCST maintains these supports it will go to $41. 50% retracement was retested again and again as a resistance but yesterday it broke this resistance and it is now an important support. It looks healthy. *NFA*
Fundamental: As per latest news about bearish trends in gold, USD and oil, people will look to invest in another things such crypto currencies for the time being. Technical: I just look this time for 1D and 4h timeframes even that it was a rejection in LL which indicates the end of bearish trend in CURRENT timeframe (4h), also after checked pivot zones i saw that...
From the T.A., a break and retest of the red trend line would produce a spark to TP Find entry, sl and tp in T.A. $btcst Trade safe... #e2kclicks
The next big move could be close for BTCST until it touches the $ $66- $ 72 levels. The RSI is calming down and in the meantime the price places us in a wide range on the daily chart. An ABC pattern. Wave C is on and I think the RSI will bounce when it reaches the trend line (54), which is necessary for this bounce. I consider that the best buyback point would be...
we are in the 4th wave, the 5th wave is the last chance for buy.
Buying here. Target : 80$ / 90$ / 100$ / 300$ Suitable for 3 months hold