BTSBTC : micro TA. Pattern of an on going correction
Hi guys,
Yesterday was a productive day in analyzing all kind of coin chart to prepare my subsequent serie of publication where i will recommend good profit potential coin based on TA and a little bit of objective of tech backing it. I will regroup these posts under the name : Serie A coins.
For now, this chart is one that i didnt published yesterday before the correction. I was anticipating BTC move up then a non-phasic effect on ATLs coins (see here : www.tradingview.com/...ORTUNITY-target-20k/). I didnt post these corrective charts because i was considering myself biaised since i was projecting a BTC up along with ATLs down, like if i was already sold before the analysis, objectivity was compromised.
So, you see the target on the chart, each down wave have is precise support. Time frame of BTSBTC correction seems to synchronize well with BTC 20k impulsive wave projected timeframe and move. BTSBTC should seen his momentum follow the heavy support trend and consolidate near this level before attempting an another imuplse wave up (update will be posted).
Will watch BTSBTC daily to keep us all on the track ! Dont forget to focus on the tech too (!)and be a good community, good emotion toward BTS promote his value and at the end of the day we are all winner.
I send you all good vibes,
take care,
Simon
Yesterday was a productive day in analyzing all kind of coin chart to prepare my subsequent serie of publication where i will recommend good profit potential coin based on TA and a little bit of objective of tech backing it. I will regroup these posts under the name : Serie A coins.
For now, this chart is one that i didnt published yesterday before the correction. I was anticipating BTC move up then a non-phasic effect on ATLs coins (see here : www.tradingview.com/...ORTUNITY-target-20k/). I didnt post these corrective charts because i was considering myself biaised since i was projecting a BTC up along with ATLs down, like if i was already sold before the analysis, objectivity was compromised.
So, you see the target on the chart, each down wave have is precise support. Time frame of BTSBTC correction seems to synchronize well with BTC 20k impulsive wave projected timeframe and move. BTSBTC should seen his momentum follow the heavy support trend and consolidate near this level before attempting an another imuplse wave up (update will be posted).
Will watch BTSBTC daily to keep us all on the track ! Dont forget to focus on the tech too (!)and be a good community, good emotion toward BTS promote his value and at the end of the day we are all winner.
I send you all good vibes,
take care,
Simon
Comment:
Correction coulb be finish (see 1-5 wave in white). The alternate count show a lower target (1-5 wave in red) :
Comment:
wave 5 corrective target is more 3500 or so
Trade closed: target reached:
correction is done according to this TA !