Bitshares/BTC Technical Analysis - Price thoughts

in #bitcoin8 years ago

@EpicDesigns Technical Analysis Report 2/25/2018

Coin/Asset:
-Bitshares/Bitcoin
Current Price:
-0.00002191

The Technicals:
Bitshares Tech Analysis 2-25-2018.PNG

Click Here to View the Chart

Time Analysis:
BTS-BTC - TI Daily 2-25-2018.PNG

Click Here to View the Chart

Time Analysis:
Bitshares/Bitcoin might have found temporary support on the daily chart, and the time indicator shows that a potential 1-9 day bullish trend is in the works. If the candle after the 9th red becomes a red 10 then we could expect 3 more days of bearish movement. At that point, the indicator would pick up that 13th candle as a perfect aggressive entry.

Technicals:
The techincals are essentially the same between most of the cryptocurrencies at the moment. Within a descending triangle lots of opportunities to catch swings to the upside are to be had. I'm personally bearish Bitshares longer term, until the bear market eases up I think BTS will continue to take hits. But with that in consideration, it's probably a good time to fill your bags.

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Thanks for stopping by, make sure to follow @epicdesigns to stay tuned; more technical analysis content coming soon!

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I like analysis like this
you & crypto analyst @salahuddin2004 doing great job
welldone dear

Thank you :) Stay tuned for more!

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