On yesterday's analysis shown in Fig.1, a bounce was expected to occur on the price action when it hit $0.18. the price has rebound in a bullish divergence and could possibly go up if the Green candle on the daily chart engulf the previous red candle. this also signal a good buy opportunity for both long and short term trade. As also mentioned yesterday, MACD is on the consolidating position and this can help in accumulation for the next bullish trend.
As at time of writing BTS are rose from $0.18 to $0.23 from yesterday's update taking five steps up.
Let's keep the bullish flag flying.
Last update https://steemit.com/bts/@trizle/bts-usd-price-update-6th-feb-2018
Good luck and trade with caution.
Your Comments and questions are highly welcomed
Fig. 1
Fig. 2
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