Ingemkts

BitShares (BTS): Decentralized exchange looks bullish

POLONIEX:BTSBTC   BitShares / Bitcoin
739 10 24
Hi guys, I was reading about this dev and It seems to be a great stuff, It consists of a decentralized exchange plus a lot of dapps. In past days BitShares announced the "PeerPlays Drops", which is part of a vast developing which includes Openledger, BlockPay, etc.....

When BitShares releasing, the price started bottom up, which is not common in alts, as the most of them start in higher prices. So this means BitShares would probably have to make an important retracement phase to settle and accumulate, so that happened. It is for that reason BitShares didn't look like other alts.

In a day timeframe we have a H&S and at the time a descending wedge , this means it is very probable the commencement of a long-term bullish rally.

Let's see what happens in the next weeks.

These are my past publications:

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Comment:
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Trade active: Good times coming to BTS
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Comment: Possible correction
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Order cancelled: Only bots trading now, low volume...I will wait out.
good job
+1 Reply
Ingemkts ucdos1988
Thanks ;)
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Great TA! ive been long since 0.00000528. Steemit is built on the same engine that powers BTS.
+1 Reply
Ingemkts aeonglacial
Thanks ;)
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Very possible one month correction
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Very interesting. Thanks
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Ingemkts oaksacorn
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A great ride!
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Ingemkts IvanLabrie
@IvanLabrie hi Ivan!, yeah, it has been nicely profitable, I hope you have bought some before this ride.
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