This is just my TA take on BTS. I think we're going to the levels between 2200 and 2800. That's a 300-400% increase in the following two weeks. Don't believe me? Ask @Intuit. He has a better explanation than anything I could have come up with. His TA is also better but he doesn't have a banana shaped resistance-support though: Good luck! Disclaimer: As usual,...
incoming...... $900 possible if breaks below $1180 huge daily divergence at this level too.
Looks toppy.... near term seems exhausted with a daily double top and 3 drive pattern. Nevertheless watch out for one last highs for a stop run, way too obvious short at the moment.
What are you seeing today? Its a bubble? 2010: 2011: 2012~2013: 2014: Today: more consolidation could will come if ETF is not approved on 11th March 2017... some buying opportunity on dips which could still go to $700 to re-test but I could see a really vertical pump if it is approved... and crash like 2014
An outlook of incoming retracement back to fib 0.5(7100-ish), I'll short to TP1(5600) and TP2(4500). and finally might goes to 3000 but I won't short cuz the risk will be too high
This is for japanese people to read huobi chart more easily in their own currency
Btcusd and usdjpy cointegration = btcjpy syntetic pair forecast Read more on the posts below