Let's start this analysis with a few facts:
- A fractal just formed in Bitshares https://www.tradingview.com/chart/EVrwFueQ/
- Big news coming next week
- Jan 16, new moon
- Jan 31, full moon (blue moon)
Now here's my theory:
Bitcoin will keep bouncing in the downtrend channel until the next full moon, on January 31, in this arc of time, Bitshares will go up for a new ATH.
My theory could be confirmed by Haejin's TA on Bitcoin:
https://steemit.com/bitcoin/@haejin/bitcoin-btc-morning-update-three-touch-points
Assuming my theory and analysis are correct, Bitshares will do a 5x, in a very short amount of time. In case the trend reverse, a stop loss at 3300 sat, could equate to a loss of 25%, which of course is bad, but compared with a potential 500%, seems to be a reasonable risk-reward trade. Of course, I'm not advising you to do this trade but instead, I'm advising you to do your own research and to share with me to confirm or to challenge my analysis.
Looking forward to see how this goes.
Legal Disclaimer: This is just my opinion, not a trading advise, always do your own research!
We have been through so much over the past 7 months and so far our patience has paid of… twitter.com/i/web/status/9…
Disclaimer: I am just a bot trying to be helpful.