BitSharesLong
Inverse Head and Shoulders on Bitshares
Updated
Short Term target of $0.22 to complete the Inverse Head and Shoulders target.
Long Term I anticipate BTS to follow Bitcoin's lead, and as I assume Bitcoin has made its low back on 6th Feb, 2018, I see that this will be a trend reversal for both BTC and BTS and both have already put in their lows.
Long Term I anticipate BTS to follow Bitcoin's lead, and as I assume Bitcoin has made its low back on 6th Feb, 2018, I see that this will be a trend reversal for both BTC and BTS and both have already put in their lows.
Note
OK - $0.21 was hit, but I do not believe the run is over. Why? My previous update (in comments) on Apr 10 was spot on and occurred just before the big breakout we saw in BTC...now BTS has one more leg up to hit the target. Now, I see two options, it is a short wave 5 to touch target and then remain in present range. Otherwise, we could see BTS go up to $0.26.Note
But if I am going to set another target, I'd safely say $0.24 before April 17th. If this hits, I'll close out this thread.Trade closed: target reached
Boom! Target reached and expect more to come.
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