One of my favorite underrated coins/projects... Bitshares has been strong since April, nearly tripling in BTC price. Hidden bullish divergence is strong on the 1H chart as price consolidates in a symmetrical triangle, suggesting continuation of upwards trend despite the long term chart showing completion of impulse waves. This is a high risk short term trade with a high potential reward. Breakdown of triangle would potentially lead to a longer term correction before ultimate continuation of price rise.
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hidden bullish divergence still occurring despite volatility. starting to look a little toppy on 24H chart. planning to add more if we drop further to 3700 and it holds.
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showing signs of hidden bullish divergence at support
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looks like a major correction. waiting on this much bigger drop to bottom out before considering getting back in.
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plan on re-entry
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