Greeting Bitsharians,
BTS has been bullish for up to 3 months, it seems the bears are back with a bearish engulping pattern as shown below, this may be due the bullish reversal of BTC. you should consider taking out profit as BTS may be bearish in the next few day of observation.
The BTS market would be observed in for the next 4 days to know the actual direction its heading..... for now the bears are in control so consider changing strategy.
Margin traders shown make decision timely to avoid being margin called.
Have a profitable trading.
Your comments and questions are welcome and would be responded to as soon as possible.
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider support our analysis with some donation to below wallet addresses:
BTS Wallet - trizle1
BTC Wallet - 1AxEcPUi6nNQDaaT8CKTohmBKeYFhUJyFE
ETH Wallet - 0xDFf7E134291E1C82F98E3976be47BC3484F595B9
LTC Wallet - LbpwNMUYPj2uPMXh6RiDwvzap7UBtQGiAS
King Trizle
Proven spot on!
Spot on Triz
King Trizle,
FarmerD here. I appreciate you calling what you see, even though you and everyone else in the telegram group want to see bullish charts, its good of you to be honest. How far do you see us dropping? In your opinion, is this a full trend reversal? or just a healthy correction? Thanks for your insight.
for more info on 4 bearish confirmation on my trading view https://www.tradingview.com/chart/BTSBTC/ADhkSacd-BTS-BTC-Elliot-Wave-MACD-Engulfing-candle-and-RSI-bearish/