Keeping my eye on BTS bitshares :: 17/06/2017

So we making lower highs - pretty much following a trend down (red diagonal) - with some support along blue horizontal. Although it's defined, it's a little bit fuzzy, but sure a descending triangle. RSI is also not in oversold territory, not 100% sure if it would be even hitting support. Volumes are way down.

So not trying to get this one at the bottom - rather will wait for it to break trend - that said, has the makings for a false breakout. So will looking for increase volumes over a few bars, would like oversold to be touched on RSI. To be fair - set up looks a little better on 2hr and 1hr charts - but want the 4hr to look a little better before entering.