Bitshares May Have Found A Bottom
Markets have a way of looking for something particular while hiding its intent.
The Bitshares price was probably looking for that long-term support line:
Well, it appears to have found that support line. This opens the opportunity for a beautiful technical triangle. Now it will likely search for the top of the triangle, as a minimum. What a great move that will be.
Is it time to fill the bags?
This is not financial advice, do your own due diligence. I am not responsible for your trading decisions.
Thanks for the update! Man I’ve been obsessing over this for days now, now that we have reached such a low price.
I can’t believe it’s this low tbh. I don’t think BTS has any more room to decline.
We might hang out here for awhile, but hopefully we see $1+ (or like you said closer to $1.80+) before the end of th year, that would be the best gift.
I’m just so impatient sometimes haha, but if this next bull run is anything close to the last, it’s going to be exciting!!
true, it is very low. but cryptos are about extremes. when you think it will go to 15 then it goes to 1.5. but also on the flipside - the upside will likely exceed all our expectations.
Bitshares confirming steem. Good!
hopefully.
It can still go a lot lower. TA on altcoins is not usefull right now. Bitcoin dictates , everyone else follows.
yeah can still go lower, but have to wait and see. it certainly hit a key level though.
The whole point of TAs are to somewhat predict events that cause the price to move. Events don’t exempt TAs, they are actually part of it.
But either way, I just hope we sit around this spot until it’s time for the next bull run, I don’t want to get margin called lol.
Nice one. The drawn wave seems very natural as if real.
let's hope it becomes real.
Certainly.