Ethos (BQX) reversal pattern!

3 thg 8, 2018

Third support (0.00006348) from my previous TA will probably be hit before a bounce. We will see 5 dollars EOY if BTC doesn't screw us over.

Buy zone: around 0.00006348

Idea and the information contained herein is not intended to be a source of advice or credit analysis with respect to the material presented, and the information and/or documents contained in this idea do not constitute investment advice.

4 thg 8, 2018

Ghi chú

BQX has gone for a ±20% bullrun since yesterday. It looks like the trend line on the hour chart has been broken and it is now acting as a support. Bulls are driving the price up. There is a resistance at 10111 sats that is being tested now. Also a very strong resistance at 11220 sats. I don't think volume is strong enough to break 11220. It will most likely correct to 9330 either today or tomorrow.

4 thg 8, 2018

Ghi chú

Showing a support on 9510 sats. Volume is going down, so I don't expect another run for the minute chart.

13 thg 8, 2018

Ghi chú

We have arrived to the most important support. We have been down 12% today. My thoughts? Big fat bounce. BTC is acting up again. It's a weird market.

13 thg 8, 2018

Ghi chú

Seems like a sneaky bear trap. I am waiting for the hourly, 2 hourly and maybe 4 hourly close to see what I am going to do. If it's far above support levels I will buy some more lovely bqx