Hello traders i hope you are doing well i am seeing some bullish pattern over here and expecting some pump from BTCST
ENTRY 1: 8.93
ENTRY 2 8.85
TARGET 9.54
ITS NOT A FINANCIAL ADVICE BUT I WILL TAKE THIS TRADE WITH MY 1% RISK
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BTCST forming a bull flag and is towards the bottom of the range.
We will have to wait and see if it breaks the trend and reaches the short term targets above.
NFA....DYOR....
thanks
BTCST is moving in a descending channel, within a consolidation box…prior BAT pattern suggests it should go up once it touches bottom of the box and upon breaking upward line of the falling channel
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...
FIb retracement 50% level is a crucial support and the trend channel and internal trend lines too. As far as BTCST maintains these supports it will go to $41. 50% retracement was retested again and again as a resistance but yesterday it broke this resistance and it is now an important support.
It looks healthy.
*NFA*
BTCST looks healthy on MACD, sine wave. It has retraced from fib level 0.618 and its ready to make a new high. Probably 40+ soon. Moreove, it has broken the triangle and the resistance. Lets hope for the best.
*Not a financial advise*
BTCST pumped 328% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background). Before that it had a pump of 138%.
BTCST broke out of the bullish Zone of the Ichimoku Cloud, which is bullish . The RSI is in the overbought zone at 92. RSI Brown at 136. If we take a look at the Average Directional Index ( ADX DI) its starting to be...
Hello 🐋
Based on the chart after a long time, correction to the downside the price breaks the descending channel to the upside, and we can see appropriate amount of new volume for the price ✔️👌💡
if
the price breaks the major and weekly resistance area to the upside, we will see more gain beside the range market is an acceptable scenario too 📖💡🚀
if
the price breaks...
BTCSTUSDT Daily timeframe range. this is bit of unusual chart. that make sense cause of insanely low volume candles through out may places on daily tf. with less retail interest and low volume if we look at the past high volatile candles, its not that hard to move it around. but high volatile candles within low volume accumulation always comes with good amount of risks.
BTCSTUSDT price has entered into a testing area again which is a strong barrier for bulls quite a long time. Some hidden bullish indicators suggest a upside move is inevitable. Let wait for the price action.
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)...
This is the 1D BTCST chart that i checked for latest analisys, so we can see light blue square which is a consolidation zone to continue acumulation phase before a bearish move, also we can see easier the end of bearish trend for with LL and 1D bearish squeeze momentum divergence.
Fundamental:
As per latest news about bearish trends in gold, USD and oil, people will look to invest in another things such crypto currencies for the time being.
Technical:
I just look this time for 1D and 4h timeframes even that it was a rejection in LL which indicates the end of bearish trend in CURRENT timeframe (4h), also after checked pivot zones i saw that...
