Long
BTS/BTC Possible Short-Term Upward Movement
BBTS/BTC
This is my first published idea. I welcome all the constructive criticism and suggestions!
After the drop in price from the last week's high of almost 0.00005, Bitshares has found a solid support at the 0.236 FIB level. In the support price we find a nice bullish doji and relatively high volume. The MACD has crossed from a downward to upward trend. If the buyers keep gaining strength we could very well see the price of BTS reaching the 0.618 and 0.786 FIB levels.
I would buy below 0.00003671
Take profits for short-term
@ 0.00003966
@ 0.00004385
Stop @ 0.00003013
This is my first published idea. I welcome all the constructive criticism and suggestions!
After the drop in price from the last week's high of almost 0.00005, Bitshares has found a solid support at the 0.236 FIB level. In the support price we find a nice bullish doji and relatively high volume. The MACD has crossed from a downward to upward trend. If the buyers keep gaining strength we could very well see the price of BTS reaching the 0.618 and 0.786 FIB levels.
I would buy below 0.00003671
Take profits for short-term
@ 0.00003966
@ 0.00004385
Stop @ 0.00003013
Trade closed: stop reached
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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.
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.