*POW POW* PRICE ACTION!!
bitshares·@jrb450·
0.000 HBD*POW POW* PRICE ACTION!!
See what I did there? I tried to manipulate you into looking at my post! In some ways price action posts are so incredibly boring- it's like.......oh look, another person posting a price chart, YAWN..... Maybe this will spice it up.... .gif) The daily Bitcoin chart tells me that price will drop to the blue zone as there are some confluences showing up. 1. 50% Fib retracement between the recent high and low- shows where equilibrium is and price has recacted off it multiple times before. 2. There's a daily order block present in that area- shown by the green arrow. 3. $9000 big figure...the round number always a psychological trigger.  Here's what I think it will mean for Bitshares/USD price. Expect lower prices in the next day or two, or three- take the cue from bitcoin. I used the 4 hr chart because I feel its a bit more revealing than the daily. There *will* be more margin calls so watch your positions closely!  Seriously.....she is one of my favorites. E.V.E.R...Lee Merrick. Muah! 