BITTREX:1STBTC has been effected by the FUD and now is available at discount price.
Though we don't have any reversal confirmations, there is an upcoming crossover of 20 day and 50 day moving average which is the first crossover since its launch date.
The price is forming a morning star pattern which shows strong upward movement and with support of moving averages buy orders can be place at 0.00009800 with stop loss at swing low ie., 0.00006700 and target at 15800.
Price may face little resistance at 61.8% retracement but if the crossover happens then it will go up.
Look out for more reversal signs in Momentum and MACD.
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Though we don't have any reversal confirmations, there is an upcoming crossover of 20 day and 50 day moving average which is the first crossover since its launch date.
The price is forming a morning star pattern which shows strong upward movement and with support of moving averages buy orders can be place at 0.00009800 with stop loss at swing low ie., 0.00006700 and target at 15800.
Price may face little resistance at 61.8% retracement but if the crossover happens then it will go up.
Look out for more reversal signs in Momentum and MACD.
Follow me for more analysis.
Likes and comments are welcomed.