BTS/USD price update 6th Feb 2018

A look at the daily chart of BTS/USD market shows Bitshares in a partly bearish and consolidation momentum according to MACD and the price drawing close to the $0.15, as at time of writing, BTS was trading at $0.18, if we dont see a bounce at $0.15, it goes lower to form a new support and resistance between $0.05 and $0.15.

With the news of BTC regulation in S. Korea and rumours of ban in China, BTS may dance to the tune of the news in a bullish or bearish manner.

Margin traders should take extreme precaution while trading to avoid margin calls.
Market update would be shares as soon as we see a positive and bullish trend reversal.

Remember: Do not invest money you cannot afford to lose.

https://www.tradingview.com/chart/BTSUSD/DZHA5vHT-BTS-USD-price-update-6th-Feb-2018/

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