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Main => General Discussion => Topic started by: m3 on May 29, 2015, 08:48:22 am

Title: Bitshares Technical Analysis For 5/28/2015
Post by: m3 on May 29, 2015, 08:48:22 am

The Merkle Bitshares Techincal Analysis

The Bitshares market has been on an impressive roller coaster ride since May 24. Under normal circumstance I would take notice on the two pin-bar candle formations that appeared on the 25th, but these were the result of Poloniex announcing margin trading for Bitshares, so I will leave these out of the technical analysis this time.

Read More: http://themerkle.com/speculation/bitshares-technical-analysis-for-5282015/ (http://themerkle.com/speculation/bitshares-technical-analysis-for-5282015/)

Title: Re: Bitshares Technical Analysis For 5/28/2015
Post by: xeroc on May 29, 2015, 08:55:35 am

Hi m3,

and welcome to the BitShares community. Good to have you on board and thanks for the TA ..

IMHO the recent price rise is related to
a) announcement of a bitUSD/bitCNY/bitEUR gateway
b) upcoming announcements of some new features and an overhaul of the bitshares code / client

Title: Re: Bitshares Technical Analysis For 5/28/2015
Post by: Ander on May 29, 2015, 04:28:08 pm

Use btc38's price chart imo.  All of the others ahve negligible volume and are just being driven by btc38.