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BTCSTUSDT

BTCST - Cup & handle in progress?As an update to the recent developments with BTCST. The update and launch of the new BTC pool gave BTCST a needed jump and took us up. However, as always, BTC has shaken things up as usual and we are still in the uncertain area of "what is actually happening". From my point of view we seem to be in progress of developing the cup and handle, whereas the cup is already made and currently working on the handle, a bullish sign. This will imply that BTCST will likely retrace in order for it to go up again (provided it is the handle it is working on). The retracement could take us down as much as 47 usd or even 43 usd, the push down will likely be a lot quicker due to BTC's recent swings but the upward swing could take us a lot higher than the current all time high after the recent redenomination split 1:10. So hopefully we will see greener pastures soon.
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by Illustrus
BTCST Pumped Up $40 After Losing Confident BTCUSDT4th April 2021, Kuala Lumpur: Traders and whales pumped up BTCST as it got more room to light the ignition. The base price of intrinsic value of BTCST around $30-$40. Many whales and traders agree as lots of them losing hope and confident after waiting for so long for the BTCUSDT to break above $60K. Traders play a unfair trick and leave the BTCUSDT at the moment by pumping other altcoin and eth. Right now traders focusing on BTCST. Looking for the whales to dump and withdrawal some of their asset portion on BTC by next week after the bank open. We are looking for the bitcoin to drop to $57K or worst on my calculation to the $55K. Starting the Q2 with the withdrawal. BTCUSDT waiting for the time to drop as per plan by whales and the agenda is just started for the bearish session. Traders & whales starting to put their asset on BTCST as it looks cheaper and ETH classic for the hold. Zezu Zaza 2048
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by Zezu_Zaza
6
BTCST - Potential break of its downtrendBTCST seems to have broken out of its descending triangle with a bullish uptrend, which could be due to the upcoming pool launch today. We have quite a lot of resistance floors ahead of us but if my prediction is true, the pattern will upwards could be in the movement of creating a cup formation up to usd 65. If that is the case, i.e. the pattern is in the movement of creating a cup and handle, we can expect a retracement after usd 65 for the formation of the handle pattern.
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by Illustrus
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BTCSTUSDT (BTCST) - POTENTIAL BUY ENTRY ANALYSIS 🔎 - BTCST is supported by the ascending trendline support (ATS). - The markets retracement was resisted by the descending trendline resistance (DTR-1). - Price tested the ascending trendline support (ATS) and brokeout above the descending trendline resistance (DTR-1). - Price then retraced for a retest of the descending trendline resistance (DTR-1) and 0.618 fibonacci retracement level. - The pullback is resisted by the descending trendline resistance (DTR-2). - A breakout above the the descending trendline resistance (DTR-2) could be a bullish signal. BUY ENTRY ⬆️ - Breakout above the descending trendline resistance (DTR-2). TARGETS 🎯 - Horizontal resistance levels. SETUP INVALIDATION ❌ - Breakdown below the ascending trendline support.
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by Chibuike_Odoh
1
🆓BTC Standard Hashrate Token/USDT Analysis (5/2) #BTCST $BTCSTBTC is heading to $100 zone after it breaks out of $80 resistance zone. If BTCST turns back and falls out of 76-80$ zone, we can wait to buy at $60 and $65. 📅NEWS No News 📈BUY -Buy: 76-80$. SL if B 📉SELL -Sell: 98-102$. SL if A ♻️BACK-UP -Sell: 76-80$ if B. SL if A -Buy: 64-66$. SL if B -Buy: 59-61$. SL if B ❓Details Condition A : "If 8H candle closes ABOVE this zone" Condition B : "If 8H candle closes BELOW this zone"
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by CryptoStation