CRYPTANALYSIS - HOUSE VIEW ON KEY ALTCOINS

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26.TECHNICAL ANALYSIS: BTSBTC (Published: 19th Jul, 2017)
BTS/BTC was hitting the support line at 0.000045 for a while, and started to rise recently. However, the momentum was weak and it would probably be rejected at the upper trendline at 0.000059. When the price loses the sheen, it is expected to fall to the current support again, or even lower to the next level at around 0.000030. Hence, we suggest to wait for reversal signals to enter a short trade when the price reaches the top at 0.000059. 

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