10 days after the bounce of BTS from $0.15 on the 7th of Feb, BTS has been ranging sideways and updward slowly. As at time of writing BTS is trading at $0.27 which leave still in a profit zone since last update.
MACD still gives assurance of future uptrend. This is a hold or accumulate situation.
3 Doji has been formed in the last 3 days and the Doji is a transitional Candlestick formation, signifying equality and/or indecision between bulls and bears. The Doji is mostly found at the bottom and top of trends and thus is considered as a sign of possible reversal of price direction, but the Doji can be viewed as a continuation pattern as well that why i mention the price has been ranging for days now.
Expect a sudden price reversal but this time a high probability in the uptrend due to MACDs position.
BTS looking positive for day, long and margin traders.
CAVEAT: The analysis is based Education, my opinion and trading decisions. Good luck and trade with caution.
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