CUP and HANDLE formation on BITSHARES...more than 50% profit in a week?

During the last 30 days, BITSHARES has been working in the formation of a consistent CUP.

Having grown from a bottom point of 0.098USD on 18th of March till a maximum of 0.23USD a couple of days ago, it has produced an amazing 130% profit, which is outstanding...

Nevertheless doesn't seem that the bull run is finished:

BITSHARES is just forming the "hanlde" of this successful and famous Trading Pattern which would indicate a higher highs in the coming days...

Particularly, departing from the breakage of the Cup's Top (0.22 USD) we should have two intermediate targets:

  • 1st Target, conservative, coincides with the length of the CUP's Depth, and it would mean 44.6% profit (0.33USD/BTS)
  • 2nd Target , Optimistic, 5th wave of the Bull Cycle, not extensive, 60% profit (0.366 USD)

BITSHARES is a MUST HAVE crypto but, if you are only trading it, consider the entry point at the breakage of the CUP'S TOP (0.22USD)

Enjoy Cryptoland!.


@toofasteddie


*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I would prefer a lower handle. 😉

·

don't worry, now the rise is coming.
Good times ahead

There are a lot of Alt Coins in this same pattern...I hope we are on the "Verge" of something big :-)