Bitshares - case for $1.70 targetNot too long ago we saw a wave 2 correction hitting .68 Fib retracement, then a huge wave 3 up afterwards. BTS just did a wave 1 and now I believe it has finished it's wave 2 correction, which also hit .68 Fib retracement. Coincidence? It could just be part of BTS dna to do this over and over again. That would be a beautiful thing. I still see a target of $1.70 or higher coming soon.
Bitshares
BTS bounce. the waves labeled is a chart for reference, using the initial high of last years June price as greater Wave 1, the correction that ensued thus far as wave 2, and where we are is the beginning of wave 3 of 3.
not sure of time table, but the price projection is using a minimum of 1.1618 times the length of wave 1 to calculate the minimum price movement we could expect for wave 3.
and then using the height of wave 1, to be in a 1:1 correlation of wave 5.
gooooo bitshares
Bitshares [BTS] vs Bitcoin [BTC] with EOS Win Button!Bitshares is moving alongside EOS, and has the ability to use its Dex within the EOS system environment
expecting big things here, we gotta long way up to go again so rewards are good and the risk is low
possible entries 2700 and under, watch bitcoin price for further push down on BTS price
www.futuretechpodcast.com
BTS cup and handle 100% profit potential!!!Bitshares (BTS/BTC) has a beautiful cup and handle formation on the daily chart. We have a nice, rounded cup with low volume at the bottom, then increasing on the sides. The handle retraced a textbook 50%. Measuring from the bottom of the cup to the top of sides, we had an increase of 0.000027BTC. We then use that as a target increasse for the breakout. End target =
around 0.00005300BTC. 100% profit potential
BitShares , A great opportunity to buy in BTSBTC. Catch it!!Technical analysis:
BITSHARES/BITCOIN is in a range bound and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance. as long as bullish exit in daily chart or daily RSI is not occurred, The uptrend will not begin.
The RSI is at 29.
Trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*Price is in the Buy Zone (0.000018 to 0.000007), we would set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000018)
Ending of entry zone (0.000007)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 0.000029
TP2= @ 0.000047
TP3= @ 0.000059
TP4= @ 0.000071
TP5= @ 0.000102
TP6= @ 0.000176
TP7= Free
A second chance to buy in BTSBTC , Don't miss it.BitShares/Bitcoin
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
*There is still possibility of temporary retracement to suggested support line(0.0000275), if so, traders can set orders based on Price Action and expect to reach short-term targets.
*If the support line at (0.0000275) is broken, the forecast (Continuation of uptrend) will be invalid.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 7 BUY trade(s) @ 0.00001790(day close price) based on the reversal candle (Bullish Engulfing) at 03.29.2018.
Total Profit: 9900
Closed trade(s): 1110 Profit
Open trade(s): 8790 Profit
Closed Profit:
TP1 @ 0.000029 touched at 04.19.2018 with 1110 Profit.
Open Profit:
Profit for one trade is 0.00003255(current price) - 0.00001790(open price) = 1465
6 trade(s) still open, therefore total profit for open trade(s) is 1465 x 6 = 8790
All SLs moved to Break-even point.
Take Profits:
TP2= @ 0.000047
TP3= @ 0.000059
TP4= @ 0.000071
TP5= @ 0.000102
TP6= @ 0.000176
TP7= Free
Technical analysis:
BitShares/Bitcoin is in an up trend and continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 51.
A second chance to buy in BTSBTC , Don't miss it.BITSHARES/BITCOIN
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
* There is still possibility of temporary retracement to suggested support line(0.0000275), if so, traders can set orders based on Price Action and expect to reach short-term targets.
*If the support line at (0.0000275) is broken, the forecast (Continuation of uptrend) will be invalid.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 7 BUY trade(s) @ 0.00001790(day close price) based on the reversal candle (Bullish Engulfing) at 03.29.2018.
Total Profit: 9900
Closed trade(s): 1110 Profit
Open trade(s): 8790 Profit
Closed Profit:
TP1 @ 0.000029 touched at 04.19.2018 with 1110 Profit.
Open Profit:
Profit for one trade is 0.00003255(current price) - 0.00001790(open price) = 1465
6 trade(s) still open, therefore total profit for open trade(s) is 1465 x 6 = 8790
All SLs moved to Break-even point.
Take Profits:
TP2= @ 0.000047
TP3= @ 0.000059
TP4= @ 0.000071
TP5= @ 0.000102
TP6= @ 0.000176
TP7= Free
Technical analysis:
BitShares/Bitcoin is in an up trend and continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 51.
BTS, good for one more spike?One of my favorite underrated coins/projects... Bitshares has been strong since April, nearly tripling in BTC price. Hidden bullish divergence is strong on the 1H chart as price consolidates in a symmetrical triangle, suggesting continuation of upwards trend despite the long term chart showing completion of impulse waves. This is a high risk short term trade with a high potential reward. Breakdown of triangle would potentially lead to a longer term correction before ultimate continuation of price rise.
BitSharesAfter some recent heavy volume, BitShares is showing some bullish signs moving towards $0.44 as the next point of resistance. If the candle breaks up and tests $0.36 as a support level, then $0.44 will be even more likely to be the next step. If the candle falls below $0.36 and it becomes a point of resistance, then I would be cautious as the next major support zone lies at $0.28.
I'm optimistic with BTS, but you never know what is going to happen next in crypto. The best thing to do is be cautious and stick to your plan and adjust accordingly.
Bitshares bullish formationBTS is currently in an ascending channel, after a sharp increase, giving us a nice bull-flag formation. Zooming out to the daily, we can see previous price action in the 0.00004700 area. I would expect for us to re-test that level. I see great potential in this project. Decentralized exchange/banking/financial services. Market cap still under 1Billion, it has room to grow. Do your own research, good luck
BitShares , A long-term trading opportunity to buy in BTSUSD.Technical analysis:
BITSHARES/DOLLAR is in a down trend and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 34.
Trading suggestion:
*The price is in a down trend, but we forecast the uptrend would begin.
*There is possibility of temporary retracement to suggested support zone (0.1127 to 0.0438), if so , traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.1127)
Ending of entry zone (0.0438)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 0.2005
TP2= @ 0.3170
TP3= @ 0.4536
TP4= @ 0.5638
TP5= @ 0.6736
TP6= @ 0.9800
TP7= Free
BITSHARES: NEW DEVELOPMENTS PROFIT = 33.44% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 25th of April 2018.
Using this buy in point and selling at today's price, you would have expected to net 33.44% PROFIT!!!
The increase in price may also be explained by positive developments including:
March 6: Current registered wallets/accounts within the Bitshares network is 802712; an increase of 11317 wallets/accounts since last week
March 6: Today, AEX exchange has just announced that they have issued GAT (Global AEX Token) on the blockchain of Bitshares. The cap of GAT is 100 billion. aex.com is the former btc38.com, which was the biggest altcoin exchange in China.
March 29: Bitshares Core version 2.0.180328 is released.
April 1: Rudex.org a decentralised cryptocurrency exchange using an Ethereum Gateway and based on the BitShares platform experiences rapid growth.
April 4: Huobi Pro cryptocurency exchange launches BitShares trading.
April 18: Current registered wallets/accounts within the Bitshares network is 875034; an increase of 17620 wallets/accounts since last week
April 18: HUOBI.PRO has listed Bitshares/USDT trading pair on their exchange following Bitshares/Bitcoin trading pairs added a few weeks ago.
April 25: Current registered wallets/accounts within the Bitshares network is 886825; an increase of 11791 wallets/accounts since last week
April 25: Liquidity on the Bitshares DEX has had a notable increase this week; Open orders on the Bitshares DEX have increased 37.5% from last week. BitCNY has also seen a 21% increase in issuance this week.
All of these developments and the rise in DEX's has led to an increase in the price of Bitshares.
Trading volume seems to be spread out evenly with a majority of trading volume occuring on Bitshares own exchange (BitShares Asset Exchange) with 21.93% of volume. Binance is currently 24.17% and Poloniex is 13.99%.
BITSHARES: UPCOMING MAINNET RELEASE = 33.44% PROFIT !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 27th of April 2018.
Using this buy in point and selling at today's price, you would have expected to net 38.46% PROFIT!!!
The increase in price may also be explained by positive developments including:
March 6: AEX exchange has just announced that they have issued GAT (Global AEX Token) on the blockchain of Bitshares. The cap of GAT is 100 billion. aex.com is the former btc38.com, which was the biggest altcoin exchange in China.
March 29: Bitshares Core version 2.0.180328 is released.
April 1: Rudex a Russian DEX that uses a Ethereum (ETH) gateway launches BitShares trading.
April 4: Huobi Pro cryptocurrency exchange launches BitShares trading.
April 18: Easydex announces their open beta launch of EasyDex.Net. EasyDex is a new company creating services and providing an interface for the Bitshares platform.
April 25: Bitshares lists on RightBTC cryptocurrency exchange.
April 25: Increase in trading activity on Bitshares DEX (decentralised exchange) by 37.5% from prior week.
Buying volume seems to be evenly spread out with the second highest transaction volume occuring on Bitshares own DEX (21.72%). Conversely Binance is sitting at 24.22% and Poloniex is 14.04%.
bitshares cleared for takeoffLoaded up on bitshares 3 days ago and some more earlier today. Glad I did looks like it will hit its target sooner than later. Once it does I will start to ladder out profits and shift them to other alts that are on the verge of triggering...only leaving my foundational long term holding percentage of bitshares in after i've laddered out a few different levels.
BITSHARES setting up for another leap.We have seen what looks like the recovery of cryptos, with the past week seeing consistent increases in value. This looks like the building of a major cycle 1st wave, and could be the beginning of a bullish run that should take us back to the december highs longterm, and beyond. (see below for a rough longterm forecast- Ceteris paribus)
LONGTERM: