There has been the support established at 950 satoshi, and while BTS/BTC has shown higher highs and higher lows pattern, on a corrective wave down the 950 support has not been broken and in fact today it is being rejected.
The 950 satoshi support is confirmed by the 76.4% and the lower of the extended , both of which are also being rejected.
Clearly, BitShare facing a strong support and while it holds, the upside potential remains. BitShares could go to the previously established high at 1800 satoshi and if/when broken next target would become 161.8% level at 2355 satoshi. Break above 161.8% would give more momentum for BitShars and could establish a longer-term uptrend. Only a daily close below 860 satoshi could invalidate outlook and send BitShares lower.
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