BTSBTC - POLONIEX - inside channel down

POLONIEX:BTSBTC   BitShares / Bitcoin
trap inside channel down, right now forming ABCD pattern with target 0.00003806
Hi Mam, Could you please update your analaysis?
How can you trust technical analysis on a x/BTC pair? BTC is very volatile, shouldn't you use the BTSUSD graph instead?
I'm still a noob so correct me if I'm wrong, please.
@Arzack, especially for BTS, if you look on coinmarketcap.com 80-90% of BTS volume is traded against CNY, so you're right in this case. some coins don't have much fiat volume so alt/btc chart is more important for them. but 1 yuan is a strong magnet for price, BTS went as high as 3.2 CNY and then as low as 0.6 CNY, a drop of a factor of 5, and it's extremely useful blockchain tech that solves problems that other crypto has. Prob time to go back up.
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Thanks so much. :)
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