BTSBTC - 1h chart analysisTake some profits, but dont sell everything, looking bullish overall
look for reentry points with the portions sold.
Always do good portfolio management.
BTS
BTS Tripple Top Breakout FormationIt looks like on BTS triple top breakout formation is coming together. To my untrained eye it seems that BTS triple bottomed bouncing off support at about $0.12 before breaking through resistance at about $0.13
I used the horizontal count method to create a preliminary price target zone if this breakout signal is confirmed.
Bitshares BTSBTC LongCurrently bitshares touched strong support, from there, is increasing gradually the price, volume increasing, completed ABC, RSI is showing a positive divergence too. $BTS is preparing for launching so hard.
Bitshares-Beautiful Inverse Head and Shoulders Set-upNothing is for certain, but this is a possible inverse head and shoulders pattern on Bitshares the decentralized exchange that Dan Larimer created
We shall see
Bitshares - zigzag correction almost doneI count a 5-3-5-3-5 zigzag correction pattern almost finished with BTS chart. I would expect some sideways movement consolidation and after a while we could see more big impulses up.
Bitshares - bullish triangle formationPrice is getting tighter and tighter in triangle wedge formation...I think we could see big impulse up in the next couple weeks. Great buying opportunity here!!
$Bitshares Moon CycleBitshares has been down trending in this falling wedge for the last couple months and we are finally nearing the bottom.
Price is starting to land on the trend line which will give it some support for the coming breakout of the falling wedge.
Here are my three targets that i will be selling at once price goes parabolic!
This coin is one of my personal holds and I see very bullish continuation to follow.
Don't miss out on the hype train, this ones nearing launch :)
BTS 3/2/18 3:11am EST - 3.5% wedge exits RC channel & 69% longBTS 3/2/18 3:11am EST - 3.5% falling wedge exits RC channel & 69% long-term call
BTS/BTS showing Bullish Divergence on 1DBTS has retraced 78% from previous high from 1/2. BTS is also showing a falling wedge with top diagonal showing resistance. This can be a possible scalp trade while BTS is testing resistance. RSI is showing a bullish divergence from the chart making lower lows and higher lows on the the RSI. Previous bullish divergence back in Oct had a 680% price increase over about 77 days. Not saying lighting will strike twice, but history tends to repeat itself. With a signal of a bullish divergence and breaking of the wedge, we have lift off!
BitShares Falling WedgeThe price of Bitshares has formed a falling wedge and is now moving above a support. It might soon breakout of the wedge or break through the support and go to the bottom of the wedge, but this will highly depend on Bitcoin.
Bitshares BTS BTC DOUBLE BOTTOM REVERSAL & Bearish formation!Past week we've passed below a few key support levels, but a clear double bottom has formed and I believe the downtrend has completed. We should be seeing 5 impulse waves forming shortly & aggressive bearish moves in the coming days-weeks. Definitely don't buy this ;)
Bitshares 500% Long TargetKing of the Decentralised Marketplace
Bitshares has rejected support and will make a nice move soon.
Easy Money :D
$BTS IdeaPrice broke out of a falling wedge signaling a great buy opportunity.
I see prices possible forming a head and shoulder formation which may or may not form.
Lots of ichimoku resistance but I see buyers coming in fierce.
BitShares - The End Of Correction?BitShares fell down to 3k satoshi support after reaching the high at 6.6k satoshi in January, while the decline resulted in over a 60% loss to Bitcoin. The strong support was found at 61.8% Fibonacci retracement level, that price failed to break and close below, although spikes lower have been the case.
From 3k support, the price went back up to 4.7k resistance and once again moved down to the 3k support. Currently, BTS/BTC could be forming a double bottom around the support area, which is now also confirmed by the 4/1 Gann Fan trendline as well as the 200 Moving Average which is being rejected yet again.
There is also a possibility that consolidation will take place and price will range between 2.3 and 3k satoshi, nevertheless with the given facts, it looks like the correction is coming to an end.
Bitshares Bullish GartleySmall Recap: Bitshares
- Entry point: @ 2000-2200
- Profit levels: @ 2900-3450-3900-4370-5000-5839-6885
- Stop: @ 2000
- Rebuy:
- Time:
Summary:
Bitshares is in a bullish Gartley pattern. Other indicators tell l us we are in a possible reversal zone and we did have a healthy retrace 78.2 of new All time high or a solid point D. Which is often the completion of the bullish Gartley.
BTS - on path to .0001 btc?It looks to me like BTS wave 4 correction could be done. The fractal pattern of wave 3 and 4 looks similar to wave 1 and 2. Looking at fib lines I am shooting for.0001 btc target.
BTSBTC - Longterm PerspectiveAnalysis :
BTSBTC is rounding out a nice cup and handle pattern. The current ABCDE correction can be seen as wave 2 of a higher degree impulse wave up. I have drawn an extended 5th wave, as BTSBTC seems to love those. Extended 5ths often lead to very significant corrections, which is why I have drawn a steep ABC correction to follow.
You may also notice that wave 3 and wave 4 of the impulse up form a higher degree cup and handle pattern. A cup inside of a cup, if you will! Not much significance with that, I just love recursive patterns :P
Target :
All signs point towards 0.00040800 BTC! But how much will that be in USD? It's difficult to say...
If BTCUSD holds at its current price of 10k, then 0.00040800 BTC would be worth roughly $4.08. However, I see BTCUSD dropping to as low as $1200 over the next 2-3 months ( see my analysis ), so 18x gains in BTC may translate to little in terms of USD. With that in mind, I am somewhat hesitant to trade this, despite the strong technicals.
Legal Disclaimer :
This is not financial advice and I am not a financial advisor. This is merely my opinion and is intended for educational purposes only. All investments have risk and you could lose everything. Never invest more than you can afford to lose and always do your own research prior to making investments.
BTS/BTC Bottom may not be in but +1000% VERY LONG TERMHi guys was doing some personal analysis and decided to share as BTS 0.00% is behaving strangely at the moment. The weekly chart looks great we have definitely reached a bottom and are still in a clear uptrend and can see plainly the nice wave 1 rally. The wave 2 correction as ABC looks like it not done just yet however. Wave C must always have 5 waves down which at the time of writing the current wave C hasn't formed 5 clear waves that do not break Elliot wave rules (I have tried many cases). I also find it hard to believe we are getting a running flat (wave C shorter than wave A) in a bear market as well as taking into account BTS 0.00% had one of the weakest bounces I have seen from BTC's 6k dip. So for me my primary count is further downside which I have drawn for you.
1D INDICATORS
RSI: Looks to have formed bottom
MACD: More room to go down
BUY ZONE AND TARGETS
Buy zone: Anywhere between 1800-2500 sats -2.57% .
Targets Mid term: 4500, 6000 sats -2.57% .
Targets Long term: 12000 sats -2.57%
Targets Very long term: 18000 sats -2.57% (new ATH -0.47% +1000%!!!)
This is a very long term trade so do not expect the annoying moon anytime soon.
*Not financial advice*
$Bitshares Moon CoinThis is a coin im holding with a big chunk of my portfolio.
I see great things coming for this one :)
