Technical analysis BitShares. BTS-BTC on October 26, 2018

October 26, 2018


One more coin with good perspectives that demonstrates the opportunity to open the long-term trades now. This asset is leaving the downtrend and takes the character of the sideways movement consolidating before the beginning of new impulsive wave formation. Now we are a bit lower the levels from which the spring growth of this year started. The support has formed that looks rather strong. BitShares demonstrated the growth in September with an attempt to overcome the resistance of the downtrend, but failed and went into correction again (from this impulse), which is over now. Thus, if to look at this market form the long-term perspective we can see good chances to get the profit and BTS becomes a good asset for hold in your crypto portfolio.

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