I'm eternally bullish on BTS, but a year-long bear situation is possible...
When trading, look at the risk to reward. Shorting to the bottom of the triangle would yield 50% returns. Although you may get the false pride of buying the bottom.
However, longing to the NEAREST resistance level is 100% returns.
Longing to the second nearest resistance level is 300% returns.
There is lots of infighting in the Bitshares community right now, but at least there is fighting going on. There is no growth without decay.
Who knows?
Good luck.
When trading, look at the risk to reward. Shorting to the bottom of the triangle would yield 50% returns. Although you may get the false pride of buying the bottom.
However, longing to the NEAREST resistance level is 100% returns.
Longing to the second nearest resistance level is 300% returns.
There is lots of infighting in the Bitshares community right now, but at least there is fighting going on. There is no growth without decay.
Who knows?
Good luck.