Bitshares/US Dollar (BTS/USD) trade analysis update 27th Aug 2018

in #bts2 years ago

Bitshares(BTS) have been consolidating since the 21st of Aug and has broken out of the bearish trend-line at $0.10 as shown below.
A new support and resistance line has been drawn to show possible path till the 30th of Aug. If the price breaks out at $0.12 it indicates a bull confirmation. if it drops below $0.098 i'll consider an exit as it may drop much lower. the chart below show a visual connotation.

Buy range: $0.098 - $0.120
Sell Range: $0.150 - $0.210

Stop loss: $0.098

Good Luck and trade wisely

If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider some donations:

BTS Wallet - trizle1

BTC Wallet - 1AxEcPUi6nNQDaaT8CKTohmBKeYFhUJyFE

ETH Wallet - 0xDFf7E134291E1C82F98E3976be47BC3484F595B9

LTC Wallet - LbpwNMUYPj2uPMXh6RiDwvzap7UBtQGiAS

Sort:  

Congratulations @trizle! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!