Barely two (2) weeks after the Bitshares (BTS) bounce and price reversal from $0.15, BTS has been ranging sideways and slightly upwards, thanks to MACD current position. Traders and investors who bought at $0.15 are still in a position not to panic. Once BTS leaves the pink area shown on the chart below, that would be another confirmation of a stronger uptrend.
remember patience is important. the price is expected to move from $0.15 to $0.52 on first rally based of Fibonacci retracement.
CAVEAT: The analysis is based Education, my opinion and trading decisions. Good luck and trade with caution.
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