-We have also hit what I would consider the "the bottom" (around 50% retrace) So a possible 30% jump coming to the old support?
-I have placed a dotted line where we should have seen a bounce and where my first sell orderwill be placed.
-Does the extra retrace give the upcoming trend reversal more steem?----- (Bad Dan Larimer joke)
-Zoom in, Check out the trades and remember, we work in possibilities.... Multiple POSSIBLE trades upcoming.
-I have bought in and will continue to buy if I see a repeat of the previous 3 opportunities
(Jan 2nd, Jan 5th and Jan 10th.)
-It is now 8pm GMT , Jan 16. I expect to sell around 0.00003500 in 2 days maximum. I will then evaluate the position if I consider us moving towards 30%
-Not unlike BTC , we could see 3 bounces sideways before we know the future of BitShares. (More bounces, more trades.)
If I see a clear break, up and out of this trend, I will add some weight to my position.
We are testing a BIG historical ascending triangle, formed almost exactly 1 month ago and which allowed for the move from the 2000 Sat range, to the 3000.
If we break this support, we must re-evaluate.