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UnknownUnicorn1068428
Jul 8, 2017 11:31 AM

BTS/BTC 78.6% Fib Retracement.  Long

BitShares / BitcoinPoloniex

Description

BTS/BTC is about to hit the 78.6% Fib Retracement level for a potential 15-25% reversal. It had some nice previous retracement on the 50% Fib and 68% Fib that could repeat on the 78.6% Fib.
Comments
ghozieh
from my chart, if BTS/BTC closes below 6843sat after 25minutes from now, it gonna fall more. what do you think?
UnknownUnicorn1068428
@ghozieh, Yes, that is a possibility. But I still think that there is a possible reversal to come from around the 78-82% area. Either way, I would put my stop losses at an appropriate point.
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