BitShares (BTS) Trading Setup & MomentumBitShares is a decentralized platform designed to provide a more efficient global payment network and is commonly used for securely trading cryptocurrencies without any intermediaries.
It was originally launched in July 2014 under the name ProtoShares (PTS) but was rebranded to BitShares ( BTS ) less than a year later.
The platform is powered by the BitShares ( BTS ) token, a native utility token that can be used for several purposes, including the creation of smartcoins known as “BitAssets,” which can have a variety of parameters and can represent practically anything — such as reward points, collateralized fiat-pegged tokens and IOUs.
The BitShares platform is managed by a decentralized autonomous company ( DAC ), which allows BTS token holders to decide the future of the platform, and decide which features to add next.
It runs on an open-source blockchain implementation known as Graphene, which is reportedly capable of processing up to 100,000 transactions per second ( TPS ) — making it faster than both MasterCard and VISA combined.
As of January 2021, BitShares is in the process of a relaunch, and will be going through several major changes throughout going forward.
BTS is one of my fav's, completed by the ones that I have already posted. It's one of the old school coins I was trading back in the days, with a huge upside potential.
You got trading setup with entry points in support zone , and also resistances.
I expect that BitShares will have a strong movement in the next few days: 9Feb to 20Feb 2021.
If you find this helpful make sure you don't miss it.
Feel free to comment & follow for more ideas!
Bitshares
BTTUSDT (BITTORRENT) - DAILY ANALYSIS ANALYSIS 🔎
- BTTUSDT is printing the inverse head and shoulders pattern.
- This is a trend reversal pattern.
- A bullish one to be precise.
- RSI is printing a bullish divergence signal.
- Price is testing the inverse head and shoulders neckline resistance.
- There's a breakout potential.
BUY ENTRY ⬆️
- Aggressive (risky): current market price (now).
- Conservative : breakout above the inverse head and shoulders neckline resistance.
TARGETS 🎯
- Horizontal resistance level R1.
- Horizontal resistance level R2.
SETUP INVALIDATION ❌
- Breakdown below the right shoulder's horizontal support level.
BTSUSDT (BITSHARES) - UPTREND CONTINUATION ANALYSIS 🔎
- BTSUSDT brokeout above the descending trendline resistance (1) and hit swing high.
- Price the retraced for a retest of the flip horizontal support and 0.618 fibonacci retracement level.
- The retracement was resisted by the descending trendline resistance (2).
- Price brokeout above the descending trendline resistance (2).
- Price action is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Horizontal resistance level R1
- Horizontal resistance level R2
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
BitShares (BTS) Trading SetupBitShares is a decentralized platform designed to provide a more efficient global payment network and is commonly used for securely trading cryptocurrencies without any intermediaries.
It was originally launched in July 2014 under the name ProtoShares (PTS) but was rebranded to BitShares (BTS) less than a year later.
The platform is powered by the BitShares (BTS) token, a native utility token that can be used for several purposes, including the creation of smartcoins known as “BitAssets,” which can have a variety of parameters and can represent practically anything — such as reward points, collateralized fiat-pegged tokens and IOUs.
The BitShares platform is managed by a decentralized autonomous company (DAC), which allows BTS token holders to decide the future of the platform, and decide which features to add next.
It runs on an open-source blockchain implementation known as Graphene, which is reportedly capable of processing up to 100,000 transactions per second (TPS) — making it faster than both MasterCard and VISA combined.
As of January 2021, BitShares is in the process of a relaunch, and will be going through several major changes throughout going forward.
BTS is one of my fav's, completed by the ones that I have already posted. It's one of the old school coins I was trading back in the days, with a huge upside potential.
You got trading setup with entry points in support zone, and also resistances.
If you find this helpful make sure you don't miss it.
Feel free to comment & follow for more ideas!
distribution coming february 2021 +4,000%altcoins will outperform the next bull cycle. bitcoin will be in a wave b correction
BTS/BTC Loading...Hello friends. Soon, Bitshares will announce the roadmap for 2021 and I believe big improvements will happen. Maybe in big deals. Now this price is really affordable for entry. The decision is yours. My thought is mine. It is not investment advice. I will be glad if you like it and follow it. :))
Bitshares BTS/BTC Loading...Hello friends. Let the chart witness for the future. It is not investment advice.
Do not forget to like and follow. :))
BitShares | Rise of the Legendℹ️Reasons to buy:
✅99.45% drop from last altseason;
✅Cap: $63 272 096 USD;
✅High growth potential (150x);
✅Indicator of altseason;
✅The Decentralised Exchange
#Bitshares BTS/BTC Loading...Hello friends. Bitshares had a small load last night. He is resting now. I indicated the target on the chart. Thoughts are my personal opinion, not investment advice. But I want you to know that Bitshares is the shining star of the future. Do not forget to like and follow. :))
BitShares BTS/BTC loading. See you in the month ..Hello friends. The bitshares you can see in the graphic are in great preparation.
The current price of this coin, the father of Defi, is excellent. The train is leaving. Last times to ride. This coin has an excellent team and a hard-working staff.
My thoughts are mine, not investment advice.
ST analysis BTS / USD If Bitcoin targets $ 300,000, Bitshares will hit higher numbers. The minimum target is $ 5. Rebuilding from the ashes begins. By 2021, Bitshares will be in good places. This is an unmissable opportunity.
