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Wafflesnsyrup
Apr 13, 2019 11:07 PM

Bitshares moving back up Long

BitShares / BitcoinPoloniex

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Hello,
After a big drop Bitshares looks like its rebounding back up.
If Bitshares can pass the first support line it would for sure pass the next support which is pretty weak. If things go well Bitshares can be above 1300 sats very shortly.

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We are seeing an uptrend but its pretty weak

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Bitshares just move up pass the triangle that had Bitsahres going south since April 6th. Only issue is the volume, its weak, it could be a short lived uptrend but with the nine days of dumping, BEOS having more than 200 million BTS staked, there's not much BTS left to dump. It pretty much weakened the bears were we could see Bitshares pass 1300+ sats before another downtrend.

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things were looking good till btc dump which brought down bts.
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