A deeper look into Bitshares $BTS on Poloniex - Technical & Fundamental analysis.

in bitshares •  8 years ago 


Bitshares has been performing remarcable stable in the upward mean, breaking out of the triangle from the 936 top. Technically a really good Buy & Hold if this trend continues.




Bitshares fundamentally as well as the technical aspect shows a great deal of chartable maturity that normally cannot be found in most crypto-charts. It is a clear sign that investors are confident with the leadership in Bitshares and that people actually use and enjoy the Bitshares decentralized exchange.

There is money to be made, and you are going to get rich if you play the market right. Patience is always cue, it is a virtue and the fact of all matters is that they take time to accomplish.

I feel Bitshares is in good hands and on a good track.

What I am doing?

Buy & Hold

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I will buy and hold some too. It's time for new changes.

For the recent past, BTS is trading mostly above it 's 61.8% Fib level. That may show a sign of strength though. BTS is probably a good play despite this.

Agreed I just buy and hold far too cheap to let get by!

not convince me finish bitshares, I will follow more closely

👍nice post

Good "TFA" @fyrstikken , I like DASH for the BUY & HOLD also!