#Accumulation_Recomendation Pair : #BQX / #BTC RSI : 67 Note : #BQS is trying to build up the 3rd impulsive wave once again after showing some upward move on Mid February. We might need some time for a confirmation of short term profits but surely will be a very good entry point for a mid term trade. Both MACD and RSI looking bullish on favor of the bulls and EMA[20] is also still looking bullish keeping below the current priceat 506 sats. Volume needs some energy though to see a good upward move but it is fairly in an averagly good momentum. - Note that this call might take some time to build up and get specially our distribution targets of 2 and above that and consider it to hodl it for a week to a month time to get the most out of it. Otherwise targets 1 and 2 can be considered as our short term targets for a swing trading opportunity.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.