BTS/USD --- in the bottoming zone

in cryptocurrency •  7 years ago 

BTS/USD seems to be close to bottoming, having hit the 50% retrace at 0.22. If price stays below 0.27, then it could also touch the 61.8% retrace at 0.19.

Here is the 2hr chart:

BTSUSD - Primary Analysis - May-12 2303 PM (2 hour).png

and here is a zoomed in 1 hr chart:

BTSUSD - Primary Analysis - May-12 2257 PM (1 hour).png

If you like the post, please leave me a note, resteem it in your circle and an upvote would be greatly appreciated. I welcome your comments and suggestions for improvement - please do feel free to let me know how I can make these posts more useful for you.

Disclaimer: I am blogging these ideas for educational and informational purposes only. Please
consult your financial adviser(s) and do your own due diligence before any trading activity.
This post is not a solicitation to buy or sell anything!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!