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