INTERPRETATION
BINANCE:OSTBTC has continued to float under the radar as it has maintained its prolonged correction period for the first months of the 2018. Still underappreciated as can be seen by its analogous movement with the current crypto alt market, this project continues to maintain its consistent trend until further adoption and recognition is realized (see related ideas). Having stalled back down, the first signs of potential bullish growth has been identified.
BUY SIGNALS
- Price-Cloud Bull Entry & Breakout (first significant successful breakout after Price falling under Cloud since its initial release in Dec 2017)
- Bottom Fibonacci level nearly reached (price likely to head up or project dropped)
- upcoming Green Cloud (buying pressure)
CAUTIONS & CONFIRMATIONS
- T&K Bull cross & Price-T&K Bull cross maintained to confirm bullish run
- upcoming Green Cloud thin (easier for Price-Cloud Bear Entry & Breakout leading to continued downward momentum)
- lack of history & data makes technical analysis extremely dubious (higher possibilities of inconsistencies, random outcomes, & incorrect predictions)
POSITION
Investors who have any faith in the project can consider entry (or averaging down if entered at higher price). Continued sliding price likely nonsensical. High opportunity for growth.
BINANCE:OSTBTC has continued to float under the radar as it has maintained its prolonged correction period for the first months of the 2018. Still underappreciated as can be seen by its analogous movement with the current crypto alt market, this project continues to maintain its consistent trend until further adoption and recognition is realized (see related ideas). Having stalled back down, the first signs of potential bullish growth has been identified.
BUY SIGNALS
- Price-Cloud Bull Entry & Breakout (first significant successful breakout after Price falling under Cloud since its initial release in Dec 2017)
- Bottom Fibonacci level nearly reached (price likely to head up or project dropped)
- upcoming Green Cloud (buying pressure)
CAUTIONS & CONFIRMATIONS
- T&K Bull cross & Price-T&K Bull cross maintained to confirm bullish run
- upcoming Green Cloud thin (easier for Price-Cloud Bear Entry & Breakout leading to continued downward momentum)
- lack of history & data makes technical analysis extremely dubious (higher possibilities of inconsistencies, random outcomes, & incorrect predictions)
POSITION
Investors who have any faith in the project can consider entry (or averaging down if entered at higher price). Continued sliding price likely nonsensical. High opportunity for growth.
