BTSUSD - Bullish, breakout imminentSo a few of my recent short term price pathway predictions did not come to fruition since we have recently had a massive BTC correction. However, these charts have still retained their bullishness post correction and have lost nearly none of their USD value at this point (most recently XVG and BTS).
Anyway, it seems that BTS can barely stay within the original ABCDE triangle correction pattern. This looks like an ascending bullish right triangle that really really wants to bust above the ATH resistance.
BTS
BTSBTC - Fractals galore (Stairway To Heaven?)Long live Led Zeppelin.
How long can this madness go on?
If we pass $1 and that dollar becomes resistance.. holy smokes, I don't see what is keeping this coin from $1 to $10.
I leave you with a poem:
There's a lady who's sure
All that glitters is gold
And she's buying a stairway to heaven
When she gets there she knows
If the stores are all closed
With a word she can get what she came for
Oh oh oh oh and she's buying a stairway to heaven
There's a sign on the wall
But she wants to be sure
'Cause you know sometimes words have two meanings
In a tree by the brook
There's a songbird who sings
Sometimes all of our thoughts are misgiving
Ooh, it makes me wonder
Ooh, it makes me wonder
There's a feeling I get
When I look to the west
And my spirit is crying for leaving
In my thoughts I have seen
Rings of smoke through the trees
And the voices of those who standing looking
Ooh, it makes me wonder
Ooh, it really makes me wonder
And it's whispered that soon, If we all call the tune
Then the piper will lead us to reason
And a new day will dawn
For those who stand long
And the forests will echo with laughter
If there's a bustle in your hedgerow
Don't be alarmed now
It's just a spring clean for the May queen
Yes, there are two paths you can go by
But in the long run
There's still time to change the road you're on
And it makes me wonder
Your head is humming and it won't go
In case you don't know
The piper's calling you to join him
Dear lady, can you hear the wind blow
And did you know
Your stairway lies on the whispering wind
And as we wind on down the road
Our shadows taller than our soul
There walks a lady we all know
Who shines white light and wants to show
How everything still turns to gold
And if you listen very hard
The tune will come to you at last
When all are one and one is all
To be a rock and not to roll
And she's buying the stairway to heaven
Bitshares, Ready to moon again!Bitshares broke the bearish market on October (first Elliott impulse wave - light green), shook out the bears (Elliott correction wave - red), especially at the A point and now it is ready to jump again.( second wave - deep green)
Point C was too low because of bitcoin's spike ( Blue line)
BTS is a BOOMER! same chart, minor if any corrections were made, but honestly havent touched this i dont think for over a week!
Looks like my projections were off - BTS did the damn thing before i was anticipating its GAINS on GAINS!
Ride the waves up and coast the way down - as higher highs are yet to arrive!
bts to rebound bts reboun?
drew sone kubes thru its mean and am observing its degree of acceleration in the upward direction.
micro parabolic growth - we are at the bottom of a big U. Only this dip may be the last "bottom" before we take quick jump to 2x land. Gains look small compared to others, but BTS will outperform, and provides much lower risk.
BITSHARES Cycle completionLooks like we may have witnessed a cycle completion and are now setting up for another bullish wave to new highs in the long term. Good time to get in for the longterm if you ask me, additionally, Openledger is making waves a the founder is going on a roadshow this month in asia, which might result in this asset potentially catching traction over the holiday period.
This is a closer look at what is going on, something interesting to note is we have cleared one of the two high-volume sell areas and are currently trading closer to clearing another high volume sell play.
LONG Bitshares BTS Watch for Descending Wedge Reversal BreakoutThis should possibly provide a nice quick long opportunity.
BTS is currently in the midst of a second consecutive descending wedge formation. This one is larger than the previous, so I'm anticipating an even bigger move up when it flips.
Currently have a bullish divergence on the 1hr and a largely oversold situation, but there may be a little bit more trickle down to complete the formation.
Either way the move is coming by tomorrow.
Large support at 1341. If price breaks this support, then we are going much lower.
Tentative target in the 1695 area.
Happy trading.
BTS Rally to ~$0.20, then a retracement (Buying opportunity)BTS has had an exceptional bullish rally to about $0.15. However, all good things must come to an end..temporarily.
Looking at support and resistance lines, we may see a buying opportunity after testing the $0.20 resistance. We might see a retracement to the $0.10-0.13 support levels marked on the chart.
I expect something similar to happen to BTSUSD as has recently happened to NXTUSD, where there was a retracement before a huge push to the upside.
BTSUSD $0.16+ HUGE POTENTIAL! Elliot Wave AnalysisPreface - entry level is NOT now and it won't go straight up from here. Wait until 10.3- cents to buy in.
Huge falling wedge broke with good volume. Currently, on the fourth wave retracing from the third wave, BTS is showing very strong potential to continue its upward trend. Strong RSI over time from high to high shows continuation of the current trend.
If you have any questions feel free to leave them in the comments
Bitshares (BTS): the beginning of the new bullish cycleHi guys, maybe many of you dont know much about Bitshares, which is rare because Bitshares is the Descetralized exchange of Cryptos (The DEX) developed early in 2014 with the Graphene Technology by the same creator of Graphene. Bitshares is an exchange that can be downloaded as a wallet, yes an exchange and at the same time it is a wallet, what means your funds are safe always and wont have the problems of scammers or hackers that common exchanges face, you can trade there too. The DEX has an exclusive portfolio of assets like Zephyr (Bitspark project), BitUSD, BitCNY, BitRUBLE, Stealth, Hero and OpenLedger, this last one is the gateway used by The DEX to make external transactions. The community alone in telegram has more than 5k members plus another telegram channel to traders, apart of the core's channels at Github, Bitsharestalk, Steemit (part of the Bitshares family). We have a weekly report called "State od the Network". This is maybe the oldest and at the same time the only active and seriuos community that has keept connected despite the years. Bitshares has already developed three exchanges: The main DEX, the Russian "RUDEX" and the Thai "Bitshares Thailand".
We have one of the best staff of developers, they are too much active, so much that Bitshares is about to release some good news, some of them about code performance, new GUI, and the expansion of the Bitshares by listing it on other known exchanges, also new projects possibly with EOS and the new tool to send 100% anon transactions by Stealth (0 tracing) coming soon.
About technology: Median confirmation time=1.5 secs, Transaction rate capacity=100.000 tx/sec, Max transactions per day=8,600 million, Median transaction cost=$0.02~$0.003, Daily transaction record=920k, Custom tokens, Trustless stable coins, easy to read addresses, Blockchain length in blocks=20million
Clearly Bitshares is not a pump and dump token, it is a conglomerate of projects.
TA: Bitshares broke up the 50% RSI this week after almost 5 months being below it, the accumulation phase shows a strong support. It is probable this time the bullish cycle is more steady. Target: $0.5, $1 or higher, even some analysts are talking about $350 if Bitshares reaches the marketcap it needs the next months.
Good luck with your picks