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Stell52
Nov 12, 2017 3:08 PM

BTS capitulation is here Long

BitShares / BitcoinPoloniex

Description

It look like BTS found his bottom at 700 sat, last wave down the stochastic did not make a lower low.
We have a 4H cross of the 100 and 200 sat wich may indicate strong upside.
I Think its a good level to enter long position with stop loss below 900 sat
My profit price are based on the daily SMA and the fibbonacci retracements : First target around 2000-2100 sat, second target at 4000 sat
the moon target is a possibility

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touched support line

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broke support line

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next move to 1120- 1150 sat, then strong upside on the cards

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still looking at the upside, target will come next week.

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Full moon is coming

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Currently testing the new support at 1600sat. I expect consolidation then next leg up. This coin need more volume

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near support line

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On the bottom of the channel. Will correct higher soon

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My view on bts (short term trade)right now :
Buy zone 1350-1400
Take profit : 1700-1750
Stop loss 1200

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Trade closed: target reached

first target reached
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