jessesfeinberg

17% Gains on BitShares - BTS (Perfect Ascending Triangle)

Kort
BINANCE:BTSBTC   None
BINANCE:BTSBTC broke out of the ascending triangle, as predicted. It is highly probable that we will continue to see this breakout impulse up along the first wave sequence. The larger wave should carry us to a profit of 17%.

This is also among my favorite long term plays. BTS will be a powerhouse throughout the rest of the year, so it may be a good option to hold a bag of it and enjoy the future bull runs this coin has the propensity to create.

It's late, so I'm sorry for the limited additional analysis. Set a stop loss at the breakout, only after you get confirmation with a 2% gain above the final test of the support line (the top of the triangle). It's coming down to test the top, and if it bounce off, we'll see this run continue.

Good luck! And May the Force be With You
Lord Vader - Darth Crypto

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