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General Discussion / Re: BTS long term support
« on: January 13, 2015, 04:24:43 am »Pretty good looking inverse head and shoulders... I have been looking for a bottom in crypto ever since we started getting divergences from different alts like ripple. If we break the neckline at 0.15 I would say that the downtrend is over and we should start to move up if not consolidate. If we get rejected off 0.15 and break through that support line we probably test support around 0.07 for another flush out of the longs. This would be around a $25mil market cap.
Here's the flush I thought we would get if we were unable to break 0.15cny... starting to get bloody out there
...let's hope support at 0.07 holds I guess (already broken through)...at this rate we'll be back to pre-pump price pretty dang quick.
Madness. I can't tell if it's just because bitcoin's tanking, or if BTS truly is losing steam.