Description
⋅ It's been a while since I looked at BitShares (BTSBTC).
Here we have a bullish vs another bullish scenario.
Prices are now challenging EMA200, brown line, which has been rejecting BTSBTC since February 2020.
If prices can't conquer this level right away, we will see a retrace followed by strong bullish growth.
If BTSBTC goes straight up, the more likely scenario, prices are very likely to go straight to EMA300, clearly marked on this chart.
We remain strongly bullish on this chart as long as the lower ascending trendline remains intact.
This is not financial advice.
Namaste.