BITCORE (BTX) Target $11 (178% Profit Potential)

in #bitcoin7 years ago

SUMMARY

BITCORE (BTX) is setting up a bullish ascending right triangle pattern. If this completes with a breakout above the horizontal (black) line, the prices are expected to reach towards $11. The key is the breakout and so the price could bounce around a bit under the horizontal line as outlined by the thin green line. The rising black line demarcates the other side of the ascending right triangle pattern and acts as support. This support needs to hold in order for the integrity of the pattern to lead to a breakout.

Here is a didactic link explainig the basics of Ascending Right Triangle Patterns:


http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:ascending_triangle_continuation

--

If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36


Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**

Sort:  

Rainy day mornings hello. A question please. You mentioned LTC, ETH, XRP… With projected prices of the high 70s ,high 300s and the high $..36 in that order. Are these prices projected before or after the BTC fork on November 1. You then mentioned much higher numbers for these coin’s. Are those very high prices reflective of the very very high of BTC on Wave 5 after BTC corrects from where it is currently at. Please clarify when you have a chance… We all now I have a little problem with understanding complexities .

Could you please a analysis with the price target for BQX?

Calling @originalworks :)
img credz: pixabay.com
Steem is behaving weird in low voting percentages, so actual votes can diverge by up to 1 voting percent point.
Nice, you got a 3.0% @minnowbooster upgoat, thanks to @haejin
Want a boost? Minnowbooster's got your back!

The @OriginalWorks bot has determined this post by @haejin to be original material and upvoted it!

ezgif.com-resize.gif

To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!

To enter this post into the daily RESTEEM contest, upvote this comment! The user with the most upvotes on their @OriginalWorks comment will win!

For more information, Click Here! || Click here to participate in the @OriginalWorks sponsored writing contest(125 SBD in prizes)!!!
Special thanks to @reggaemuffin for being a supporter! Vote him as a witness to help make Steemit a better place!

Coin Marketplace

STEEM 0.21
TRX 0.25
JST 0.038
BTC 95472.56
ETH 3354.78
USDT 1.00
SBD 3.13