Author Topic: Bitshares TA for 15th February 2021  (Read 391 times)

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Online chigbolu

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Bitshares just broke down @ 0.08USD on the weekly for the third time. This shows that it will take a while for that resistance to break, the support level right now is at $0.05, which needs to be held in order to prevent a reversal of trend.... On the daily its a clear bearish signal with the formation of a huge rising wedge...
A build up of support at 0.05-0.065 is important to be able to break the 0.08 level and... Hopefully there will be a little range @ this levels pending further developments....
On the news front bitshares is now has futures contracts and FTX products... What's left is institutional re-investments and more adoption...
« Last Edit: February 15, 2021, 09:24:27 am by chigbolu »