1D chart - BTS
is closing to support 0.00002072 against BTC
. Falling wedge
pattern and RSI bullish divergence
suspects potential trend reversal and so buying opportunity may develop. RSI
to confirm and Ichimoku
related signs should be considered as well. Potential TP zones are – 0.000065-0.000069 (0.618 fibonacci of latest uptrend); 0.000097 (0.382 fibonacci of latest uptrend) and 0.0000141 levels.
What do you think? Please note these are my personal thoughts on potential price movement – please trade carefully!