BTSBTC trade ideas
BTS Update: pt.2 Looks like the break out of the first wedge was a success and now we're forming a new one. I'd like to see the blue MACD above the orange, and volume before confirming bullish bias. We're still well above the 50ema so until we test 2780 sat resistance and 50/100emas I will remain bullish on this pair. Stay tune forks.
Bitshares growing positive on BTC !Bitshares is growing positive on Bitcoin as we can see on this chart .
We are looking at 1-day candlesticks.
We are entering a previous support/resistance area for the moment so we are watching it closely for the next couple of days.
We might see it retest our descending resistance, but a buy-in at the first BLUE line would be a nice spot.
Second blue line should be a nice nice spot to sell some of our position in this trade.
Third blue line the rest of our position.
If you are a true believer of the bitshares project you can stay in for a longer time ...
Profitable regards,
P.
$BTS - A falling wedge followed by a breakout$BTS looks like bottomed out here and expect a reversal from this strong falling wedge formation. It has been almost 3 months of downtrend and a breakout could be seen here for another possible bull run.
This is an interesting coin, each time it makes a strong rebound after a huge bear spell. #DYOR