BTS/USD --- in the bottoming zone
BTS/USD seems to be close to bottoming, having hit the 50% retrace at 0.22. If price stays below 0.27, then it could also touch the 61.8% retrace at 0.19.
Here is the 2hr chart:
and here is a zoomed in 1 hr chart:
If you like the post, please leave me a note, resteem it in your circle and an upvote would be greatly appreciated. I welcome your comments and suggestions for improvement - please do feel free to let me know how I can make these posts more useful for you.
Disclaimer: I am blogging these ideas for educational and informational purposes only. Please
consult your financial adviser(s) and do your own due diligence before any trading activity.
This post is not a solicitation to buy or sell anything!
Leave BTS/USD --- in the bottoming zone to:
Best Posts From PhiSight Analysis
We have not curated any of phisight's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From PhiSight Analysis
- Volatility Update -- Indexes likely Peaking, Volatility likely Bottoming...
- BTCUSD Long Term Chart June 9, 2018
- BTCUSD Update June 9, 2018 --- Price is Rising -- but is this the UPTREND? Too early to say yet!
- Volatility Update VXX/TVIX -- Sharp Equities Selloff and Volatility Increase May be Around the Corner
- ETHEREUM ETHUSD Update --- Price is bouncing up as expected -- time to move stops UP
- Marijuana Sector HMMJ.TO ETF --- Watch for topping soon! Break above 25 targets 66-100. Break below 16 targets 10-12
- EOSUSD Update --- price is moving up as expected....time to raise stops
- BTCUSD Update --- Price is Rising -- but is this the UPTREND? Too early to say yet!
- EOS EOS/USD UPDATE --- Turn around UP expected to launch HIGHER
- ETHEREUM ETHUSD UPDATE -- the corrective move down lower is likely FINISHED, setting up a buying opportunity