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BTRST Braintrust: 4H Chart ReviewHello friends, today you can review the technical analysis on a 4H linear scale chart for Braintrust (BTRSTUSD). 1) Since the mega price drop a few months ago, the price has respected an Arc Formation with multiple touch points on the Arc. This is a macro pattern, not looking at the hour by hour price action. 2) The RSI (relative strength index) has also been supported by a multi-month trendline. RSI is out of the oversold region and moving up. 3) The dash lines represent areas of resistance if price goes up. 4) As long as the price stays in the Arc Formation, the price has potential to go up. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. As the year is coming to an end and holidays are almost here. I want to wish my friends Happy Holidays and ready for an exciting 2022! What are your thoughts for the coming year? Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
COINBASE:BTRSTUSDLong
by MillionaireEconomics
BTRST BrainTrust Daily Chart-ConcerningToday I am reviewing the 1D (daily) chart for BrainTrust (BTRST), which is an altcoin. The price has been moving in a descending parallel channel (bearish pattern) since October 2021. It is important to note that within the parallel channel the price is above the median. If the prices breaks below the median, we may be in for a lower price. I am also looking at the Relative Strength Index (RSI), which is hovering at the trendline created in October 2021. If this breaks, we could also see a lower price. Concerning: I also added in the charts the Fibonacci Retracement which shows the channel may get supported at the 2.618 level or about $0.41 - $0.42. This would be a 90-95% drop from current price. What are your opinions on this? I love reading your comments below. Check out more below for recent Altcoin, Bitcoin, Stock and Commodities Ideas. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
COINBASE:BTRSTUSD
by MillionaireEconomics
5
Huge profit opportunity or chance of stagnant loss?I have kept an eye on BTRST since its debuted on Coinbase, An from that day this coin has not had the normal pumps and movements you see in other new releases but rather a continuous decline. At the current price one would think that this can be leading a potential huge pump, but with the volatility in bitcoin as of late I fear it might not being seeing anything positive for awhile. What are your thoughts, is this the coin that was forgotten or the coin that could change your fortunes?
COINBASE:BTRSTUSDLong
by jawesome04769
#BTRST Braintrust Possible FractalBTRST - Braintrust seems to not catch a break in the past few rallies. I put a recent fractal at the end of the price range to see a possible downside scenario. Let's hope it doesn't get there. What are your thoughts? Comment below and hit the like please. Thank you! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
COINBASE:BTRSTUSD
by MillionaireEconomics
11