On request I am doing some analysis on UKGBTC, looks like it is a new coin, there is very little history data, very challenging for a TA analysis. I could not chart properly so this analysis is just some macro perspective. We got two circles one larger from the only once bounce UKGBTC got so far and one inner one from the last leg down, there is no more data than that !
The last leg looks complete but the bigger one is so close it might have more traction power. You can either risk to buy a little bit here with a very short stop loss below the curve, that will give you a very good risk reward ratio or just wait more because the probability is to go the bigger circle
The last leg looks complete but the bigger one is so close it might have more traction power. You can either risk to buy a little bit here with a very short stop loss below the curve, that will give you a very good risk reward ratio or just wait more because the probability is to go the bigger circle
Comment:
It think it can go up following the curve, could rocket soon !