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Chibuike_Odoh
Oct 12, 2021 9:03 PM

BTCST/USDT { BITCOIN STANDARD HASHRATE TOKEN } - BULLISH SETUP Long

Description

ANALYSIS 🔎
- BTCST/USDT brokeout above the double bottom neckline resistance, hit a swing high and retraced.
- Price is retesting the key fibonacci retracement zone (0.618 - 0.7 - 0.786) and the double bottom neckline resistance.
- There's a relatively high concentration of buyers at this zone (high buying pressure).
- We could be at the verge of an uptrend continuation.

BUY ENTRY ⬆️
- The key fibonacci retracement zone (0.618 - 0.7 - 0.786).

TARGETS 🎯
- Horizontal resistance level (@65.52)
- Horizontal resistance level (@90.86)
- Fibonacci extension level (@115.50).

SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level (@28.59).
Comments
solo-trader1
500+ till end of October
drkam2
@solo-trader1, I would be a millionaire @ 500
solo-trader1
@drkam2, HOPE SO wish you all the best
Chibuike_Odoh
yaassyr
thanks for this.. i fomoed at 70+ and was about to take my losses and hit the road when i saw this
kriptolaneti
it couldn't even make it to 65 usdt.
solo-trader1
@kriptolaneti thats normal
kriptolaneti
@solo-trader1, why? when do you expect it to hit 65?
Chibuike_Odoh
@kriptolaneti 😂😂😂
Chibuike_Odoh
Y'all lack the key trait of a trader, PATIENCE
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