BTS new 218% potential
Updated
BTS had a 50% retracement and jumped from 6h,12h,1d 200 EMA.
Stoch RSI seems to reverse and MACD looks nice on daily
It seems to be on wave 1 from a new market cycle.
Altough it had a jump from 200 EMA, it may come a little bit down and test the 6h 200 EMA as it looks a little overbought on 6h and 12h, and after that it may start the ascending path as it's oversold on daily.
Looking to sell at key fib prices that also had some sideways or support/resistance in the past.
Targets sent in Telegram Channel.
Stoch RSI seems to reverse and MACD looks nice on daily
It seems to be on wave 1 from a new market cycle.
Altough it had a jump from 200 EMA, it may come a little bit down and test the 6h 200 EMA as it looks a little overbought on 6h and 12h, and after that it may start the ascending path as it's oversold on daily.
Looking to sell at key fib prices that also had some sideways or support/resistance in the past.
Targets sent in Telegram Channel.
Trade active
Still in buying zone.Trade active
Went slightly under the buy zone.Will add some more above daily 100 and 200 EMAs just to get a better average
Trade active
This went alot lower than expected.Will set a stop at breakeven
Based on hourly, we can reach first target
Note
This can definetly go to the first target.Note the bubles from RSI and Stoch RSI. In the last move, they were both similar to the current move.
Related publications
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.