BTS : Should manage a spike above 0.80 at long last.

The candle volume chart of BTS points to an attempt on resistance at 0.80-0.81, from where it should spike to 0.85-087 in the very near term. Volume is however not as strong as we would like to see, but there is time yet.

Entry at 0.78 or higher is not without risk, but for those already long, or indeed stuck with counter for a while, there should be an opportunity to make a few satang in coming days, so holding a short while longer seems the sensible thing to do.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: