Long
BTS Might moon soon. Here's why:
We have multiple signals pointing to another pump
1. As we can see , there is a large cup & handle forming on the daily.
2. The last dip ended with a strong reversal candle, confirmed the following day and today ( the hammer candle)
3. We see the same pattern forming as the last time it mooned.
Trade opened at 30021 , target 1 8000 stop loss - a close bellow the hammer candle.
Good luck!
1. As we can see , there is a large cup & handle forming on the daily.
2. The last dip ended with a strong reversal candle, confirmed the following day and today ( the hammer candle)
3. We see the same pattern forming as the last time it mooned.
Trade opened at 30021 , target 1 8000 stop loss - a close bellow the hammer candle.
Good luck!
Note
Handle has been broken with a Double bottom Adam &Eve reversal pattern. BTC looks ready to bounce, BTS will bounce with ti.Note
Confirmation for the Double Bottom will be the a close over 3500Note
I think we're gonna see another pump as per Elliot Wave no 1 that will be equal in length of the wave one. Entry : ~4000 , Target ~5100
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.