clopezf25
Long

BTS/BTC Possible Short-Term Upward Movement

BINANCE:BTSBTC   BitShares / Bitcoin
BTS/BTC            

This is my first published idea. I welcome all the constructive criticism and suggestions!

After the drop in price from the last week's high of almost 0.00005, Bitshares has found a solid support at the 0.236 FIB level. In the support price we find a nice bullish doji and relatively high volume . The MACD has crossed from a downward to upward trend. If the buyers keep gaining strength we could very well see the price of BTS             reaching the 0.618 and 0.786 FIB levels.

I would buy below 0.00003671

Take profits for short-term

@ 0.00003966
@ 0.00004385

Stop @ 0.00003013
Trade closed: stop reached
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