Hi guys
Today we are watching BTS on 1 day sticks. I see it going down just a little more. If it breaks the support line @ 0.00001892 , I think we are going to reach +/- the 1000 Satoshi level. Between these 2 lines there's a good buying position. Hoping that afterwards we could go back up and reach the level of +/- 3600 Satoshi again. At this point I would look very closely to the market to see if we have a rejection or an acceptation and sell or hold it.
Looking at the ADX and DI we can see a downtrend that can go a little further but finally change to a strong uptrend afterwards.
Let me know what you guys think!
Hoping for some profits here.
Today we are watching BTS on 1 day sticks. I see it going down just a little more. If it breaks the support line @ 0.00001892 , I think we are going to reach +/- the 1000 Satoshi level. Between these 2 lines there's a good buying position. Hoping that afterwards we could go back up and reach the level of +/- 3600 Satoshi again. At this point I would look very closely to the market to see if we have a rejection or an acceptation and sell or hold it.
Looking at the ADX and DI we can see a downtrend that can go a little further but finally change to a strong uptrend afterwards.
Let me know what you guys think!
Hoping for some profits here.
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We are testing the first support line a bit longer , so far not going in buy zone.