BTCST is a token collateralized by real Bitcoin mining power; by staking BTCST, holders can receive daily Bitcoin contributions that correspond to the staked mining power. As such, BTCST allows users to mine Bitcoin from inside the decentralized finance (DeFi) ecosystem.
The downtrend on the weekly chart has been completed, and we have already started a new...
As you all know, BTCST is not performing well from last 7 Months and according to the Chart patterns, BULLISH Pattern is formed, Breakout formation is also nearly there and also indicators e.g. RSI showing bullish signal.
DYOR Before taking trade, as I'm not responsible for your loss.
RISK FACTORS:
Market/ BTC CRASH
Duration:
Short-Term (1 - 3 Months)...
As you all know, BTCST is not performing well from last 4 weeks and according to the Chart patterns, BULLISH FLAG TRIANGLE is formed, Breakout formation is also nearly there and also indicators e.g. RSI showing bullish signal.
DYOR Before taking trade, as I'm not responsible for your loss.
RISK FACTORS:
Market/ BTC CRASH
Duration:
Short-Term (1 - 3 Months)...
The first uptrend ended at $ 92.99 range, and as the 240-minute chart shows, the corrective movement ended at the range of $ 53.50. As you can see, the price is completing the iii wave, which can be extended up to the range of $ 300.
The 60-minute chart indicates, at the end of wave ii, from the sub-waves of wave 3, a Diagonal pattern has formed.
ANALYSIS 🔎
- BTCST is supported by the ascending trendline support (ATS).
- The markets retracement was resisted by the descending trendline resistance (DTR-1).
- Price tested the ascending trendline support (ATS) and brokeout above the descending trendline resistance (DTR-1).
- Price then retraced for a retest of the descending trendline resistance (DTR-1) and...
