Already under construction a few channels are. At the meantime Bitcoin rallied, Alts dropped and accumulated, so that allowed some Alts to build channels as response of that sideways phase.
Horizontal channels are mainly a bullish pattern that use to breakout to a price range that oscillates between the width of the channel and its length, except when there are not positive fundamentals or the project is a mess. But for nobody it is a lie that as long as Bitcoin keeps ralling without healthy retracements then Alts will try to break their main supports, i.e MAID.
Remember: “the longer is the channel, the stronger pump is.” This is because horizontal channels build the strongest supports and longtime accumulations. So, I wonder how high will Bitshares pump having built the longest channel of the cryptos?
Here some Crypto-channels in progress (from the hottest IMO):
Bitshares/Bitcoin (BTS:BTC)
Channel duration: Aug 2014 – in progress
Stellar/Bitcoin (STR:BTC)
Channel duration: Dec 2014 – in progress
Cardano/Bitcoin (ADA:BTC)
Channel duration: Oct 2017 – in progress
Some of the most famed crypto-channels:
Bitcoin/Dollar (BTC:USD)
Channel duration: Jan 2015 - Oct 2015
Monero/Bitcoin (XMR:BTC)
Channel duration: May 2014 – Aug 2016
Dash/Bitcoin (DASH:BTC)
Channel duration: May 2014 – Feb 2017
Lumen/Bitcoin (XLM:BTC)
Channel duration: May 2016 – May 2017
Very likely to be a channel
ZCash/Bitcoin (ZEC:BTC)
Channel duration: Nov 2016 – in progress
Finally an exception: undefined, maybe no news/weakness about project status
MaidSafeCoin/Bitcoin (MAID:BTC)
Channel duration: Jun 2016 – Oct 2017 broke the support, if project update returns then it could recover the bullish trend to break up.
awesome thanks for your info!!
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