(4/3/18) BTSUSD - Spread Triple (quad) Top Formation

The first Triple Top formation is really a Spread Quad Top formation as shown in the diagram below:

This formation was confirmed at $0.146 and a trader would be sitting at 2.8% profit at the time of this writing.

The second Triple Top (really another Quad Top) failed to make a new higher high giving an exit opportunity at $0.152 (4.1% profit trade)

Currently, the target is $0.168 to $0.180 from a horizontal count on the first bullish formation. A target of $0.158 from a vertical count has been met.

Looking at the bigger picture BTS is on a steady decline and is continuing down with the bearish momentum of the market in general.

I have marked the price target zone in blue.

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