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Bitshares

BTS getting ready to bounceBTS has tried to bounce and go back up but could not break the 0.382 fibonacci support level at 0.00003859 despite the increased volume as shown on the chart. We need a little more accumulation and volume before it can really jump beyond that resistance level. In the next week or so, I expect the price to go further down to the next support line at the 0 fibonacci level and bounce from there. This can happen between now and mid-next week after which I expect the bulls to come in the market. The TDI, MACD and RSI indicators are all agreeing and showing bullish signs on the day chart. If volume keeps increasing, it will send the price to the levels indicated by the chart. - BUY ZONE: shown on the chart - TAKE PROFIT 1: shown on chart - TAKE PROFIT 2: shown on chart - TAKE PROFIT 3: shown on chart I am new to this and I'm not giving financial advice. This is for pure fun and everything I say needs to be taken with a grain of salt. Do your own research before investing your money. Happy Trading!
Long
by depinz
Bitshares looking like a great choice to invest back into Alts.With the excitement of Bitcoin cash over, we are now seeing the signs of money returning back to the Altcoin market. I really like the look of Bitshares and I've been hearing whispers in the community that a big buy back is due. We have seen a lot of lows hit on a wide selection of Alts and we should start seeing some big quick profit pumps returning soon. Bitshares has completed a 5 wave Elliott Pattern and we should either see a correction up to the 618 fib or indeed a strong impulse indicating a new trend. Only time will tell. I'll be grabbing some coins right now while they are cheap. Have a great weekend guys. Bitking
Long
by Bitkingfx
BTS (Bitshares) - Possible Bottom with Breakout.We seemed to have bottomed out now. As we approach this lower trend, if it breaks down, you must sell and short. If it doesnt break down, you must buy and hold long. Looks like though it should go up since all other alts are up and there are some good advancements coming for BTS soon. Blue area is all buy. The lower red dotted line, if broken on the 240m you should stop loss and potentially short. Tips welcome: LTC : LZAzuZN3JXnRYxjVUT6xaEE316LfbRRV2h BTC : 1AxjpnwAv9w1y3Fp8wKT7W6oMg69VAJsji
Long
by electo
3
BTS at Critical JunctureBitshares, fundamentally, is one of my most respected cryptos. However, with respect to the long-term growth trendline, it needs to break this downward channel and make a play outside the downward trend line soon.... otherwise it will break downwards past the long-term growth trend and be in no-man's land until it can find its way. Fundamentally, the price is in a buy-zone. Technically? I couldn't do it without a very strict stop. I recommend if you must buy, you do the same. Wait for a play in either direction first according to my chart....
by noahj76
2