BTSBTC Possible Bull Flag or Descending Channel?

BitShares / Bitcoin (POLONIEX:BTSBTC)

Updated

POLONIEX:BTSBTC BitShares / Bitcoin

BTS

bts

Possible bull flag forming on BTS. Rectangular shape sloping downwards after a big run up. Seems to have some staying power, potential buy after confirmation of a breakout of flag pattern or above the fib line it has touched a few times with volume.

Comment:

Looks like it has broken out of the flag/channel but on limited volume. Will keep an eye on it to see if it pumps or goes back down

Comment:

Hanging out just above the .618 fib channel going sideways for a while

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.