Hello friends, today you can review the technical analysis on a 4H linear scale chart for Braintrust (BTRSTUSD).
1) Since the mega price drop a few months ago, the price has respected an Arc Formation with multiple touch points on the Arc. This is a macro pattern, not looking at the hour by hour price action.
2) The RSI (relative strength index) has also been...
Today I am reviewing the 1D (daily) chart for BrainTrust (BTRST), which is an altcoin.
The price has been moving in a descending parallel channel (bearish pattern) since October 2021. It is important to note that within the parallel channel the price is above the median. If the prices breaks below the median, we may be in for a lower price.
I am also looking at...
BTRST - Braintrust seems to not catch a break in the past few rallies. I put a recent fractal at the end of the price range to see a possible downside scenario. Let's hope it doesn't get there.
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and...
This is a 4HR chart of BTRST (BRAINTRUST). We are at the support resistance area and if we don't get back into the falling wedge pattern, it seems we may go lower. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technicals. Don't trade based on my advice.
