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BTS price uptrend now approaching a major resistance/support level

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  • BTS price uptrend now approaching a major resistance/support level

    2/6/2018 - BTS price bottomed out at about $6,200
    2/20/2018 - Price reached an interim high of about $11,900
    3/5/2018 - Price reached about $11,537 and appears to again be headed toward the resistance/support level at about $11,900.

    If a price level of about $12,500 is now exceeded, I believe the BTS chart will have reached a new milestone, having traced out an UPWARD TREND in a month's time since February 6th, of HIGHER LOWS and HIGHER HIGHS. If this milestone is surpassed, I believe the trend on BTS will likely continue upwards from the $11,900 to $12,500 support level.

    Select and view the 3 month chart of BTS at: https://coinmarketcap.com/currencies/bitcoin/#charts
    Last edited by bsteadman; 03-05-2018, 11:29 PM.
    B. Steadman
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