Bitshares possible movement
Updated
There are two possibilities for bitshares now but both of them at the end will lead us to previous local ATH. Everything now depends from bitcoin, if it goes up bitshares will follow it and we can have a breakout of a triangle.
There are also some good news for bitshares which can influence it's price:
1) Bitshares has been upgraded to B- on the well respected Weiss cryptocurrency ratings.
2) Lykke exchange is going to list Bitshares and also implement it's blockchain.
Also yesterday I had a conversation with the owner of a big ICO (I can't tell you the name) and he told me that he is going to use bitshares blockchain for his tockens in addition to ethereum one.
That's why I'm almost sure we will go up in a long run. Bitshare is a good coin to buy.
There are also some good news for bitshares which can influence it's price:
1) Bitshares has been upgraded to B- on the well respected Weiss cryptocurrency ratings.
2) Lykke exchange is going to list Bitshares and also implement it's blockchain.
Also yesterday I had a conversation with the owner of a big ICO (I can't tell you the name) and he told me that he is going to use bitshares blockchain for his tockens in addition to ethereum one.
That's why I'm almost sure we will go up in a long run. Bitshare is a good coin to buy.
Note
It seems that bitshares goes with plan B (red line) but I think any moment we can see a breakout of a dynamic resistance 1 and then it will go up to the second line. Let's wait and see what will happen. But as I said before - bitshares is not a shitcoin, it's a good coin and I personally feel safe when I buy it. Just read more about it and you will see it yourself.Note
This forecast is still valid. But everything depends from btc now. I think a correction is not finished and we will draw one more wave down.
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