Author Topic: Bitshares TA for 13th December 2020  (Read 1416 times)

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Offline chigbolu

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Bitshares has traded between 0.0273-0.0178USD. It is currently trading at 0.0215USD and is currently sitting on a descending to symmetric triangle pattern. In the short term BTS still shows signs of weakness and a break below  0.0195USD may cause continued sell pressure probably down to 0.016USD . Bitshares above 0.022USD may trigger an upward rally, there were chances for this yesterday but the bulls are probably not sure yet , so far in the long term bitshares looks poised for a nice rally up so for now just buy the dips.... ;D
CURRENT PRICE TARGETS
Uptrend ---> abv 0.024 -> 0.028-0.33USD
Downtrend ----> below 0.0195 -> 0.014-0.013USD
Sideways ---> 0.023-0.0195USD...