Bitshares appears to be at the finishing edge of a long correction. If it dumps under 150 sats all bets are off, but based on the monthly correction candles this would be the perfect time for a strong bullish reversal. BTS has been in the past a great indicator for when other alts will pump hard. The question is will August be the month? I think it is very likely.
Holding its own well against a BTC pump. looking like it can break up and over the Safety Net (brown), and convene /cross over the (blue) driving line that acts as a counter momentum line. Watch for building pressure behind the Buffer line (Yellow)
Chance that bts wakes up with big gains through the ichimocku cloud into the 1300-1550SAT range.
MACD and KST providing evidence.
Stoch RSI saying bullish.
Reaching ATLows..Minimal sell volume..
Target 1: 1300SAT
Extended Target: 1650
BTS obvious signs before gains
higher low at RSI and chart
Volume is very low
Last change to buy in into BTS
Buy zone 780+ (bought at 784)
Target 1: 1370
Target 2: 2450
Crypto loves 0.5 and 1.27 fib lvls
$BTS On a free fall to ATL BTC values (on @binance)...
33% Since UCTS Sell signal on April 11th
RSI at Oversold levels... MACD deciding what to do..
If this level does not hodl or shows bounce/reversal signals, next stop should be around 520sats...
Play it safe