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Rhylolnakamoto
Sep 29, 2021 1:17 AM

Braintrust beginning to bottom out Long

Braintrust / United States DollarCoinbase

Description

Here is a quick snapshot of Btrst 15m aggregation. I chose this timeframe for three reasons, one being a suspicious. Image 1, Thesis, Braintrust will soon form an Accumulation Box after an extended correction.
- Supporting Facts
1. Bullish divergence is present on the Rsi indicator
2. A Descending Volume pattern often precedes a trend reversal, if not a sudden spike in volatility (volume etc.)
3. The four average lines are the 20-50-100-200 Ema indicators, Btrst should begin to test breaking the 20 EMA's, and subsequently test the 50 and 100 EMA's with all four of them being tightly traded together.
With this observance we can draw two conclusions,
Braintrust will find an unknown support level to test and confirm, and form an Accumulation box upon that level OR enter a descending horizonal support and either horizontal or ascending/descending resistance pattern. Almost all of these thesis are Bullish.
Comments
getpaiddaily
just grabbed another 170 @ 6.351. holding 433 total. from 7.88 to latest buy. Where do you see this coin on Dec 1?
michaelprants
@getpaiddaily to the moon!
michaelprants
@getpaiddaily I’m holding 539
Titan90
Big Pump today on BTRST
Rhylolnakamoto
@Titan90, still looks fine to me If this daily candle is bought up and forms a tweezer bottom candle formation on the daily. It's a fresh listing, just as hard to chart as IPO's 🤭🙂
Rhylolnakamoto
Disclaimer (Not Financial Advice, for Educational Purposes Only)
fasimehdi01
what you think, I purchased at $24 should I hold longer or sell it
dispro77331
@fasimehdi01 you only lose if you sell! see you at the top!
fasimehdi01
thanks
Rhylolnakamoto
@fasimehdi01, I'm just beginning to research the project and I'm excited about what I'm seeing, I would do your own fundamental research and weigh the chances of them becoming widely adopted for private freelancing vs the theoretical amount of money involved in the private consumer market
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