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!
Bitshares
BITSHARES is rejecting lower pricesBTS has been forming Dojis rejecting lower prices and indicating a potential trend reversal. It also appears to be developing the second leg of a bullish double bottom. Watch out for volume building and enter at a lower time frame. Best of luck to all!
BTS/BTC. For short-term traders.brokeout the ressistance which became support and tested it.
Now price formed reversal pattern. So, waiting for rise:
0.382 and 0.618 - potential reverse points.(For confirm reverse, need some rising movement of candles)
BTS/BTC.BitShares going standart scenario - now we have reversal pattern
Will reverse from 0.886 F lvl (or 1 F lvl) + Demand zones
Breakout of ressistance will confirm reverse
Use 0.618 F lvl as target
BTSBTC 4hr Bounce?Watching bitshares for a bounce in the near future as we head into September. The 4hr chart has regained the 50sma, so we could see a push near the 200sma.
Checkout a few resources
bitshares.org
bitshares.org
twitter.com
blog.bitspark.io
steemit.com
BTSBTC - bottomed out - Huge GainsLong here. Blue box is all buy. Simple idea. I like to keep it simple.
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
Excellent buy opportunity - 150% profit (IDEA)0.0000405 - 0.0000505 buuy zone 78.6% fibbo, volume increase and rsi reset
take profit 0.0000895, 0.000109, 0.000135
BTS MoonLook like good setup. May go down a bit more but not much more to go. C&H (inverted) looks perfect at the 4hr. This could break up or down. Going long here.
BTS: Bottom here?I think it's likely to see a bottom in all the 'Larimer' coins: $BTS, $EOS, $STEEM...Might be worth checking it out. I'm long $EOS again, participating in today's auction via my trezor.
I'm also holding a Peerplays stake.
Best of luck,
Ivan Labrie.
BTS/BTC 78.6% Fib Retracement. BTS/BTC is about to hit the 78.6% Fib Retracement level for a potential 15-25% reversal. It had some nice previous retracement on the 50% Fib and 68% Fib that could repeat on the 78.6% Fib.
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
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....