#btsusd

I just bought some Bitshares USD on and I deposited it right into and got my $1 worth of stablecoins! I realized there was no one selling any so here i am selling some US dollar stable coins for TWO dollars

Spent some time with the BTS chart today, after seeing it holding up relatively well compared to others. While it is very possible we see one more low, there is a bullish potential to this as well. So

Looking to enter when it reaches the apex of the triangles. Currently its probably about to bounce off the .5 fib zone and hit the trendline above then reach the apex near the bottom.

BTS/USD seems to be close to bottoming, having hit the 50% retrace at 0.22. If price stays below 0.27, then it could also touch the 61.8% retrace at 0.19. Here is the 2hr chart: and here is a zoomed in

Bitshares BTS/USD is correcting in wave 2, likely to end at 0.22 but could go all the way to 0.19. Wave 2 corrections rarely go below 78.6% retrace which is at 0.16, so a stop just below that level is

and some higher probability levels for support as shown. Current low ~9000s may be sufficient for a more sustained bounce back into this upward channel. However, I think based on the price action we've

Price broke out of its descending resistance-turned-support line and it is now testing its support at 6954 (61.8% Fibonacci extension , horizontal swing low support) where it could potentially rise to

It seems that BitShares has found the support, while forming a double bottom at $0.118. The following wave up resulted in a break above the downtrend trendline as well as 50 Moving Average. There are to

It is not something new that BTS depends on BTC moves, so BTC needs to confirm bulltrend. How to know the BTC Bulltrend is confirmed? easy, we need to plot a simple fib to se retracements, 38.2% and 61.8%