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pato
Jun 27, 2017 1:34 PM

BITSHARES bottoming out. Longterm bull. Long

BitShares / BitcoinPoloniex

Description

I think we may have completed an entire cycle. I expect BTS to begin to climb quite substantially especially against fiat.

Comment

we could dip a little lower. but the long idea remains

Comments
bobfash
The market is very emotional now. But it looks positive on the long term!
pato
@bobfash, I agree. We have either bottomed out already or are in the process of bottoming out. Definitely attractive long term.
FiatsCryptonite
There is a reverse head and shoulders on the 4 day chart..unless btc does not lose ground again we are seeing a spike here
pato
@FiatsCryptonite, Please put up chart of this if you can. I cant really see it.
kulie
bought at 11~ , holding , hope it starts the wave3 u r talking about.
pato
@kulie, I think there is a goo chance that we do go up. Keep in mind this is longterm. Also, we could dip a little lower but I'm not too worried
kulie
@pato, whats long term in ur eyes? like a month ?
pato
kulie
@pato, well if the move starts around 1st July then it would be great. The thing that matters is the confirmation of the upward trend, holding after that is a bit easy.
pato
@kulie, yep, i think we are bottoming out. The team behind bitshares are doing quite a lot as well. I went in on their ICO so I've been following them for a while and they have big plans going forward.
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