Ethos (BQX) VS Bitcoin Bullish Pattern

Ethos token has reached an all-time high, hitting 90k satoshis and the correction down followed and continued within the falling wedge pattern. Price went down to 31k satoshis, which has resulted in a 65% decline over the Bitcoin            

BQX/BTC             found the support at 127.2% Fibonacci retracement level applied to the November 2017 corrective wave down. After hitting the support price went up, where RSI trendline was broken. On a corrective wave down Ethos formed a double bottom and RSI trendline has been rejected, but this time acting as a support.

If the support holds, BQX/BTC             should resume the uptrend. Considering the previous magnitude of the uptrend, an upside target at 110k satoshis comes to play. This is the 527.2% Fibs retracement level. At the same time, 70k and 90k resistances must be watched for either a rejection or a breakout.
Top Crypto Telegram Channel: https://t.me/cryptopost
#1 Crypto Blog: http://cryptopost.com
Crypto Forum: http://cryptoforum.com
Alts vs BTC Trade Signals: http://cryptopost.com/signals-membership/

ETH Tip Jar: 0x79bb76b99114f9b33fd3e5477eb05f2738d51
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
首页 股票筛选器 外汇信号搜索器 加密货币信号搜索器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
个人资料 个人资料设置 账号和账单 我的支持通知 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出