UnknownUnicorn1540828

BTS correction analysis (micro TA) - wave count calibrated-

Short
POLONIEX:BTSUSD   BitShares
Hi guys,

I was expecting BTS to touch the 0.21 as i projected in my older TA post. I dont expect a really long correction for BTS. I expect BTS to impulse Up after a WXY combination pattern (possibility A) or after a symmetric retracement (possibility B). If B is true then we will call this a bull wick. Our next short term target is 0.36-0.40 or even more but i always try to stay the more conservative possible. You can see that i draw a red triangle, this pattern is named 'jaw of wealth', jaw of wealth is a pattern that usually show higher highs and higher lows. It subscribe in a bull trend and most be understood or else the instinct is tempted to sell but the advantage of TA is that it put emotions aside.

At this present price i strongly recommend BTS for someone that want to a good profit potential and have high risk tolerance. Like i posted in my last post : As Hae Jin, the master, says : Owning 100k to 2.5 Mil coins of BTS now will have your future generations bless your name for centuries to come!

See my old projection here :
Trade active:
BOOMMMM!!! thats precision!!!! hiaaaaaaaaaa
Disclaimer

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.