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RE: BitShares (BTS) Short Term Consolidation
BTS/BTC is lagging the BTS/USD. Using the BTS/USD as the leading indicator. In other words, BTS/BTC shoudl follow.
BTS/BTC is lagging the BTS/USD. Using the BTS/USD as the leading indicator. In other words, BTS/BTC shoudl follow.
First off thank you very much for the response. I love your work and upvote whenever possible. So the way I'm interpreting this, in the last day or so BTC/USD dropped 6-7% and regained plus so BTS/BTC in the process of that 6-7% drop and should regain accordingly. Which if I'm understanding this correctly may have it correct back to 70,000 and then I just need to pay attention on what BTC/USD does from there. If BTC goes to 20,000+, then I should be ok otherwise I may need to look to minimize my loss as much as possible. Do I have that right?