BitShares(BTS) Long-term Buy and Short-term trade opportunities.
Updated
This is a long term buy and hold or short term trade both appear to have great potential. BitShares finished a full retracement around mid-december and has recently started trending back up. RSI also confirms reversal on 1H chart for short term traders. MA 100 is holding support on the current trend line. i believe that now is a good entry point assuming that the price will bounce from the current trend line . This looks like a great long-term trade opportunity.
This can also be used as short term trade based on the current trend
short term trade targets:
Entry: 0.00004500
Stop/loss: 0.00003500
Target 1: 0.00007000
Target 2: 0.00009000
Good luck traders!
This can also be used as short term trade based on the current trend
short term trade targets:
Entry: 0.00004500
Stop/loss: 0.00003500
Target 1: 0.00007000
Target 2: 0.00009000
Good luck traders!
Note
Keep in mind to watch BTC closely...if Bitcoin starts taking off like a rocket it could affect this price and all prices of altcoins
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