Ascending triangle for Bitshares Snapshot rally

POLONIEX:BTSBTC   BitShares / Bitcoin
The price broke above the 200 day moving average on the daily chart last August 17, 2016 and is currently at 923 satoshis. The current volume on Poloniex dropped to 69 BTC as sellers (the early buyers at 500 satoshis) were already exhausted.The target for selling before snapshot is 1,457 satoshis.
Comment: The price drop below the lower trendline, which should signal a short. However, there's still an impending snapshot event which could still produce a rally. It might be a head-fake trade. Still in long position.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out