My analysis says it will go down to 0.000020 - 0.000025 first. But you never know.
As far as cup/handle goes - there have been plenty of failed cup/handles on the way down.
I'm looking to buy hard if we have another drop to around .036.
Anyway, its not a completed cup and handle until we break .0527.
I'm really enjoying (and benefiting from) this discussion, so please excuse my question which probably has an 'obvious' answer that I'm just not picking up on, but, are all the above bts prices being noted in BTC?
The reason I ask is that right now, bts is sitting at about .00002951BTC/BTS (or $0.006301), so, bitmeat's comments noting BTS price range of .000020 - .000025, makes sense to me, we're talking BTS' "BTC price", but Ander's noted he's "looking for a
drop to around .036"...?
I'm missing something. .036 is orders of magnitude greater than the current BTS price of .00002951BTC, so I'm a little confused.... How do we 'drop' from .00002951 'to' a .036...? Is that .036 price in BTCs? (What am I missing/not getting?)
Thanks for the clarification, and sorry if this has an obvious answer that I'm just not picking up on. (It's ok, you can blame it on my 'newbie' status.)
Thanks for the great discussion, and the clarification to my question, guys! I really appreciate it.
Peace.
-Merc