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

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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.**

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I did not know about this one. Interesting???
Just might pull the trigger on BITCORE (BTX)

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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?

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