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Main => General Discussion => Topic started by: chigbolu on March 12, 2020, 07:15:28 am

Title: BTS TA FOR 12TH MARCH
Post by: chigbolu on March 12, 2020, 07:15:28 am

After the wonderful highs of last month BTS has fallen back down to 0.018USD this is a 55% drop from 0.04USD, much of the drop can be attributed to bitcoin's fall in price, but a general lack of strong support for BTS means we are back to the accumulation levels of 0.02-0.015USD, the range is high because BTS is very volatile.
Current stats
7d change   -31.05%
30d change -46.15%
If BTC price go lower over the coming weeks we might see BTS below  0.015USD again, this should lead to a retest of the bottom for BTS i.e 0.014USD, a break below this price would result in further sell offs, hopefully that scenario will not play out.(https://uploads.tapatalk-cdn.com/20200312/64a9ae3ba3809767b041236ea8b17340.jpg)

Due to recent developments the support has been adjusted to 0.013USD...
(https://uploads.tapatalk-cdn.com/20200318/d41387251767ce9398ad6cb109e1a3d6.jpg)