Bitshares: The King of the Crypto-channels?
Already under construction a few channels are. At the meantime Bitcoin rallied, Alts dropped and accumulated, so that allowed some Alts to build channels as response of that sideways phase.
Horizontal channels are mainly a bullish pattern that use to breakout to a price range that oscillates between the width of the channel and its length, except when there are not positive fundamentals or the project is a mess. But for nobody it is a lie that as long as Bitcoin keeps ralling without healthy retracements then Alts will try to break their main supports, i.e MAID.
Remember: “the longer is the channel, the stronger pump is.” This is because horizontal channels build the strongest supports and longtime accumulations. So, I wonder how high will Bitshares pump having built the longest channel of the cryptos?
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