Long-term Look At Bitshares

Here is a slightly more long-term look at Bitshares:

There was a long downtrend from the end of 2014 to March 2017. With such a long downtrend, an ensuing uptrend often lasts (at least) as long as the downtrend did.

This means Bitshares prices can still easily rise until well into 2019. There appears to be a flag-type pattern forming which could take prices to around $3 if it touches the top of the flag. It will go much higher when it breaks out.

I will continue to track this chart. Stay tuned...

This is not financial advice, do your own due diligence. I am not responsible for your trading decisions.