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RE: BitShares (BTS) is Following the Prescribed a,b,c,d,e Pathway Pretty Well!!
As of now, this is not correct anymore. I believe it is ascending triangle we are seeing. Once E is complete, I will be casting buy ladders.
Happy holidays.
Just an update.
![](https://steemitimages.com/640x0/https://www.tradingview.com/x/LALf0Yqe/)
I'll re-chart as an ascending triangle/wedge, but that isn't exactly bullish....
My view on things:
![Výstřižek.PNG](https://steemitimages.com/DQmU3iWaKu1WpFhThc7WPmoo1dVVymFohsU6baMxyCtsPWs/V%C3%BDst%C5%99i%C5%BEek.PNG)
Ah apologies, I thought you meant rising wedge. Nice one.
If this happens, we will see a bull run. After that, however, we might see a correction, since the 1 day MACD is truly overbought