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Bitshares

Megalodon Trading - Bitshares - LongTerm Neutral-Short Term BullMegalodon Pro+ Short Term Isolator gives price short term price and volume bullish setups. Long Term looks neutral with Megalodon Pro and Pro+ Long Term Isolator. -------------------------------------- Swing and day traders —> Look for 1D confirmation(green rectangle close) on Megalodon Pro+ Long Term Isolator. —> Look for 240 min & 60 min confirmation(green rectangle close) on Megalodon Pro+ Short Term Isolator. 1) Take the next red confirmation on the hourly if you believe the market state is bear. 2) Wait for daily confirmations(red rectangles) if you think market is more uppy. Learn more about it on our website. Go to our TradingView profile for how to gain access. -------------------------------------- MEGALODON PRO+ Long Term Isolator Megalodon Pro+ is designed for longer term and shorter term investors. Megalodon Pro+ is really simple to use. Megalodon Pro+ combines 16 different back-tested indicators, that each have more than 66% win rate. Megalodon Pro+ lets you turn on or off any setups that has been used for a better analysis. Megalodon Pro+ works with any kind of market state, and any kind of asset. Megalodon Pro+ can be used to set alarms as soon as a candle closes with a green or red bar. Megalodon Pro+ has more features than any other indicator in the market, these features can also be turned off in the settings: Looks for 12 different investing setups automatically and prints them out. Shows 2 different viewing options: Setups View that shows how many bear or bull setups are currently formed, Isolator View that shows Megalodon Price, Volume and Momentum isolators. Prints green or red bars for longer term signals. -------------------------------------- MEGALODON PRO+ Long Term Isolator is designed for longer term and shorter term investors! All you have to do is: 1- Apply it on any asset with 1Day time frame and combine it with 240minutes and 60 minutes Megalodon Pro+ Short Term Isolator. 2- Look for green bar confirmation on all isolators. 3- Define your stop losses. 4- Define your target before you enter. 5-Repeat -------------------------------------- ~Megalodon Trading~ Enlighten others
by MegalodonTrading
Strength building on BitShares BTS. BullFilter shows a Long.Analysis: Correction ended mid August and accumulation has been going on since. The amount of selling in the 1500-1600 range represented capitulation of weak hands. BullFilter showed a bullish divergence from Late August until Sept 12, when the price action finally caught up. With some nice recent spikes in volume some upward price movement is expected in the next 2 weeks. Entry: Enter between 1700 and 1750 upon the completion of this downward wave. Now that we know we want an entry in this range, we will use BottomFinder here to select us a great entry point (Example below) Take Profit: The dashed red lines represent target take profit levels. We suggest cashing out 10% at T1, 35% T2, 40-50% T3, 5-15% T4. StopLoss: SL set to 1600 to avoid the liquidity pool from 1650-1700 and being stop hunted. 1700 is also currently acting as local support. Upon completion of T1 move stop loss to entry point to secure a risk free trade. Additionally continue moving stop loss up by one target each time a new target it reached. i.e. when T2 is reached, move stoploss to T1 level. This way you can ride out dips with no anxiety and automatically exit the trade in profit should you not be around to monitor!
BLong
by theheirophant
7
There is a possibility for the beginning of an uptrend in BTSBTCTechnical analysis: . BITSHARES/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00001560 to 0.00001040). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00001560) Ending of entry zone (0.00001040) 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 the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0000213 TP2= @ 0.0000260 TP3= @ 0.0000309 TP4= @ 0.0000411 TP5= @ 0.0000470 TP6= @ 0.0000590 TP7= @ 0.0000710 TP8= @ 0.0001020 TP9= @ 0.0001760 TP10= Free
Long
by ForecastCity
There is a possibility for the beginning of an uptrend in BTSBTCTechnical analysis: . BITSHARES/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 43. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00001560 to 0.00001040). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00001560) Ending of entry zone (0.00001040) 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 the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0000213 TP2= @ 0.0000260 TP3= @ 0.0000309 TP4= @ 0.0000411 TP5= @ 0.0000470 TP6= @ 0.0000590 TP7= @ 0.0000710 TP8= @ 0.0001020 TP9= @ 0.0001760 TP10= Free
Long
by ForecastCity
5
EOS: Time to Find Your Inner BearFor this price analysis, I’m actually going to look at EOS on the USD side of things. EOS Price Analysis The first thing that’s worth noting is the fact that $EOS failed to hit this major overhead resistance point (thus far): So, there are a couple reasons why this is important. 1. It appears as though the momentum for $BTC #Bitcoin is beginning to wane at this point in time. Usually, the market follows $BTC (at least the majority of it does) and $EOS is really no exception to that rule. 2. There are no serious fundamentals that are supporting the price of $EOS that would suggest that it is immune to this break in the markets if the author’s prediction that $EOS is headed down is correct. 3. This recent increase in the price of $EOS has left the price largely over-extended for the most part, and it is now reading overbought on all RSI charts. This is especially not good when you’re in a bear market. It’s almost always worth betting against an overbought chart in a bear market. Above, you can see a clear bump and run chart pattern formation. This is very classic in cryptocurrency, and nearly always comes to fruition. The RSI is screaming ‘get out’ as well. Let’s Look at Some Potential Support Points In the picture above, there are a couple that individuals should be directing their attentions to. One of those = the uptrend line that is directly under the price (on the ‘bump’ portion of the bump and run). As you can see above, that’s only a 3% drop. Thus, this is more than likely a point that will be broken straight through. This has not been tested at all. Ichimoku For those that can see the Ichimoku below, it is resting on our original uptrend line as well; so that’s not going to give us too much information on what’s going on. Potential Re-Touch of the Main Uptrend Line (Most Likely on a Consolidation) If this occurred, the following drop would be substantive at -13.66%, which is a great gain for a shorter (if one is looking at those options). This seems to be the more likely possibility. However, with a bump and run pattern, there is always a major possibility that the price falls even lower than that. In the even that this did happen, it would lead to a much more precipitous decline in the price. Ascending Channel spotted on the H4 as Well It appears as though the price has just touched the top of this channel (which was just established, so don’t beat yourself up if you did not short from this point immediately; no one could have anticipated that). The reason why the author states that no one could have anticipated that is because there’s a chance that an ascending broadening wedge could have formed itself instead, which would have been an entirely different scenario. So, this needed to happen in order for us to get the ‘larger picture’, if that makes sense. Conclusion Given everything that we know, a short almost seems to be the most logical move at this point. The price is already pretty overextended on EOS as of now, and it appears as though the momentum is beginning to wane substantially on the RSI on all time frames. Therefore, this is the author’s R/R trade for the short:
BITFINEX:EOSUSDShort
by librehash
5
A trading opportunity to buy in BTSETHTechnical analysis: . BITSHARES/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.000358 to 0.000277). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.000358) Ending of entry zone (0.000277) 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 the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.000412 TP2= @ 0.000467 TP3= @ 0.000550 TP4= @ 0.000664 TP5= @ 0.000809 TP6= @ 0.000994 TP7= Free
BLong
by ForecastCity
A trading opportunity to buy in BTSETHTechnical analysis: . BITSHARES/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.000358 to 0.000277). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.000358) Ending of entry zone (0.000277) 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 the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.000412 TP2= @ 0.000467 TP3= @ 0.000550 TP4= @ 0.000664 TP5= @ 0.000809 TP6= @ 0.000994 TP7= Free
BLong
by ForecastCity
1
$Bitshares Update#2Welcome back! Bitshares is a coin i recently made a Youtube video talking about why i felt like it was a good buy. I wanted to update you guys to give you an idea of where were currently sitting in the market cycle. Taking a look at the daily time frame we have two corrections taking place. One bigger retrace accompanied by a smaller retrace inside of its market structure. Both retraces are 5x5x3 corrections which are coming close to the terminal end. It's possible prices dip lower(as indicated by blue line) Either way, were coming close to Wave One of One and a 100% retrace of that would invalidate the Elliott Waves entirely. Overall, its a great time to catch the dip! Want more updates? Subscribe to me on youtube! Link is in my profile description. God Bless, Vajolleratzii
by UnknownUnicorn846565