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Illustrus
Mar 20, 2021 5:48 PM

BTCST - Potential Long or Short  

Description

Alt 1- Inverted cup and handle with a potential break out downwards to 35 USD - Red line.
Alt 2 - Or potential bounce from 35.5 with a break out upwards along the yellow/blue lines.

Alt 2 depends solely on buy volume appears.

Thoughts are welcome.
Comments
amishseegoolam
I think it will surely climb, it's a matter of patience.. am still holding even though it is 41 dollar now.
Illustrus
@amishseegoolam, agree, BTC is the main reason now for being down on this level.
Meharzzz
@amishseegoolam, Yes its true
Asifjamal
any chance of moving back???
Illustrus
@Asifjamal moving back from 35?given that the 1:10 split occurred at 350 usd during an ongoing downtrend, difficult to say when it would actually have bounced up eventually. However, it has still not broken through 45 support, there is still a chance for a slow climb upwards.
Asifjamal
@Illustrus, :( i think i should sale out before further loss
Illustrus
That is for you to decide mate but I’m holding
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