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bejaneps
Sep 10, 2017 2:27 PM

BTSBTC Trend Change Short

BitShares / BitcoinBittrex

Description

So, what we can observe is that BTS has broken downtrend and escaped zigzag. Sudden rise portends uptrend and if second candle will be blue we can play on rise.

RSI shows bullish divergence on last 3 candles, also it broke lower border. Alternatively, we can see high divergence on S-RoC indicator, on range of 5th September and 10th September. Additionally, volume is also increasing in that rise.

My prediction is that, if BTC continues to fall, it may effect BTS price and we can't see future uptrend, but if BTS price increases BTS will go up very fast. Buy BTS now and put stop-loss orders on 0.00002590 priceline.

Order cancelled

Price moved to trading corridor, wait for trend change.
Comments
fkm
Why you are short? It's by mistake?
bejaneps
@fkm, 3 days is short.
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