unaveragejoe

BTS Rally to ~$0.20, then a retracement (Buying opportunity)

Long
POLONIEX:BTSUSD   BitShares
BTS has had an exceptional bullish rally to about $0.15. However, all good things must come to an end..temporarily.

Looking at support and resistance lines, we may see a buying opportunity after testing the $0.20 resistance. We might see a retracement to the $0.10-0.13 support levels marked on the chart.

I expect something similar to happen to BTSUSD as has recently happened to NXTUSD, where there was a retracement before a huge push to the upside.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.