It is obvious now that OTC market "trade from the
Post# of 1514
(Total Views: 268)
Posted On: 08/03/2018 9:22:13 AM
It is obvious now that OTC market "trade from the bottom up" specialists - of which I'm one - who use scanners and trading / commentary observations within their networks - are taking an interest and buying accordingly.
We have already seen that shares bought out at the first ask level are not all being put up at the next so we can expect $BTGI to get thinner to the upside - especially since not much was available on the way down in the .0010 > .0005 range. We might be back to as little as 2M > 9M per .0001 by the time we get to .0011 over time.
The slow move down from .0010 > .0002 over the last several weeks has only been because people with an iHub mentality were being influenced by bashers there posting opinions with nothing to actually go on.
$BTGI is very much a "trade what you see" ticker now rather than trying to double guess what the medium to long-term future might be.
Shares were bought out at .0002 and .0003 for a reason - because they can be sold higher for a significant profit at some point in the days and weeks ahead.
We have already seen that shares bought out at the first ask level are not all being put up at the next so we can expect $BTGI to get thinner to the upside - especially since not much was available on the way down in the .0010 > .0005 range. We might be back to as little as 2M > 9M per .0001 by the time we get to .0011 over time.
The slow move down from .0010 > .0002 over the last several weeks has only been because people with an iHub mentality were being influenced by bashers there posting opinions with nothing to actually go on.
$BTGI is very much a "trade what you see" ticker now rather than trying to double guess what the medium to long-term future might be.
Shares were bought out at .0002 and .0003 for a reason - because they can be sold higher for a significant profit at some point in the days and weeks ahead.
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.