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Btcst

BTCST Bitcoin standard hashrate | +4000% gains! | Elliott Wave BTCST is a token collateralized by real Bitcoin mining power; by staking BTCST, holders can receive daily Bitcoin contributions that correspond to the staked mining power. As such, BTCST allows users to mine Bitcoin from inside the decentralized finance (DeFi) ecosystem. The downtrend on the weekly chart has been completed, and we have already started a new bull run with a very impressive impulse wave!  If you are an Elliott Wave trader, then you usually want to buy the dip during the second corrective wave and ride at least the third wave to the upside.  We don't know how deep the correction is going to be, but we already hit the 0.618 FIB on the log scale and the 0.854 FIB on the linear scale, which is definitely a reasonable correction for the first impulse wave.  Also, we have a falling wedge bullish pattern on the weekly chart that was destroyed by the bulls last month.  You may say in the comment section that the news is bad, but this is a standard process and the news usually gets better during the third wave.  Overall, I think the technical analysis looks pretty juicy, and this altcoin provides a great opportunity for a long position! I expect tremendous gains for selected altcoins. You can find them in the related section down below. For more analysis, please hit "Like" and "Follow"!
BLong
by UnknownUnicorn2537518
79
💡Don't miss the great buy opportunity in BTCSTUSD @BTCST2020Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (21.43). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCSTUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 72. Take Profits: TP1= @ 27.16 TP2= @ 31.92 TP3= @ 37.43 TP4= @ 41.81 TP5= @ 48.75 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BLong
by ForecastCity_World
7
💡Don't miss the great buy opportunity in BTCSTUSD @BTCST2020Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (21.43). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCSTUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 71. Take Profits: TP1= @ 27.16 TP2= @ 31.92 TP3= @ 37.43 TP4= @ 41.81 TP5= @ 48.75 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BLong
by ForecastCity
4
BTCST UP 138% and then another 328% after bullish signal 🚀🚀🚀BTCST pumped 328% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background). Before that it had a pump of 138%. BTCST broke out of the bullish Zone of the Ichimoku Cloud, which is bullish . The RSI is in the overbought zone at 92. RSI Brown at 136. If we take a look at the Average Directional Index ( ADX DI) its starting to be bearish, as it is pointing downwards. Currently BTCST is way above its upper Bollinger Band, Band Basis 20 Period SMA . A retrace back within the Bollinger Band is more likely. The risk to reward right now to enter a trade is bad. Remember to always take profits and use risk management. Waiting patiently on a bullish Supertrend Ninja signal, before entering a long paid off. Thank you for reading. Namasté 🙏 Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns. What Indicators Do I Use: In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
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by Kch28
7
is BTCST about to create cup and handle pattern?Fundamental: As per latest news about bearish trends in gold, USD and oil, people will look to invest in another things such crypto currencies for the time being. Technical: I just look this time for 1D and 4h timeframes even that it was a rejection in LL which indicates the end of bearish trend in CURRENT timeframe (4h), also after checked pivot zones i saw that there are a couple of them which are quite important and it is just to wait for breakout to see if cup and handle patter will be created. Also checked squeeze momentum and i found bullish divergences in 1D. No MACD divergences till now, CRSI is overbought now which indicates a little consolidation in low timeframes which can be 30m or 1h in order to get "normal" levels. About supply-demmand seems acumulation zone was tested in past days and comes with a big spike but for now acumulation zone is ready to go to supply zone (red square in chart) as first target.
BLong
by Edwinox92