BTS
BTSBTCAnother bullish setup for the next target; price has to close above double top ant starting point of Fib; long into completion of alternate bearish bat.
BitShares (BTS)- An alternative to POLO?Bitshares hosts a decentralized exchange remarkedly similar to Poloniex. All the usual alts trade plus a few I have not seen before. There is an unmoderated chat room for those willing to put up with trolls, but there is no doubt everyone there is in one way or another interested in cryptocurrency trading.
The recent difficulties and frustration with POLO and BitFinex among others is helping BTS find space in the niche. There are a host of other features as well. Automatic payments using smart contracts being one of them.
As of this writing the market cap has more than doubled in two days to approximately 768,000,000. This is a lot considering after reviewing the website and searching the appropriate forums I find nothing 'new' to warrant the increase.
Market Cap
$768,223,275
272,588 BTC
Circulating Supply
2,602,400,000 BTS
In my opinion the coin is a short term buy due to the increasing awareness of the cryptocurrency markets and a lack of stable exchanges. In the future I expect to see the supply of reputable exchanges to come online to meet the demand from the crypto trading boon. BItshares is also in partnership with Steemit which is becoming rapidly known as a convenient way of loading debit cards from a large variety of banks in almost any country. (key word being in 'partnership'-- they are not the only one).
This is a 'gold rush' coin. The product is good, they are doing everything right, and the decentralized exchange is certainly needed in the crypto community. However a double in market cap within 48 hours, lack of information of dilution of the currency and rampant speculation should encourage a cautious approach. In the longer term if the crypto boon continues it could be a very well placed investment, especially if it attracts anywhere near the number of users POLO enjoys. But is it worth a Billion USD at this point? It is going to be a few years before that question is answered.
In summary, Buy for a trade, tight stop, and be ready to get out. Longer term it is a well put together alt coin with potentially great adoption rewarding those who can afford to average in and have a lengthy view.
Sources: bitshares.org
bitsharestalk.org
steemit.com
coinmarketcap.com
bitshares.org
As always my opinions are my own. CryptoCurrency investing carries a very high degree of risk. Do your research and consult a financial advisor before risking funds in speculative ventures.
BTS
bitshares pumpedim interested in Bitshares and voting. but this time it pumped (too fast) :(
best clue/proof may be the >55.000 bitcoins volume on poloniex. they have not come to stay...
it is 70x the USD price than very few month ago.
Time for the steem to go top 10yesterday i see it already hit no 10 on list. but then beaten back by waves.
if this steem on top 10.. it will only drop by at moon n go straigh to pluto... my 20 cent lol.
that is depent on fundemental.
on Ta now is look good.
if it not going to make it ,
it will rangging around 90k sat to 80sat.
IMO - i thinks it will not go lower than 60k for the moment.
Bitshares might have found bottom for nowThis recent BTC pump on 22.05 and 25.05 really exhausted all the alts including my #1 pick Bitshares. But for now it seems there is the bottom as the RSI suggests. Tho we never know what the almighty bitcoin does in upcoming days.
BTS - Let the Winds of Change take you to AndromedaBTS is about to launch along its cousins XRP and STR. Destination: Andromeda.
I expect announcements about this coin in the following weeks. I hope this becomes a good alternative to the current exchanges and their problems with DDOS attacks.
Entry: 2500 - 2900.
TP1: 4500.
TP2: 5700.
Stop-loss: 2300.
R/R: 1:16.
Please like and follow if you agree with this idea.
Song for the ride: y2u.be
Good luck!
Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine. I will be posting some updates as I have been doing in my previous posts, but if you want live updates, check out my signature and join my Telegram Group.
Bitshares! Time to party like its 1999 $BTSBTCGood evening followers,
Today I am providing you, a high timeframe chart of Bitshares. Indicators are starting to look very promising, as is the chart. After having broken the longterm wedge, BTSBTC has transformed into a fantastic bullmarket, showing beautiful potential for significant gains. As mentioned above, this is a high timeframe chart (1d), to which I will be trying to ride the big waves. The fantastic crash cycle has ended, and is ready for a fresh new start- having seen the first wave to which we are breaking out . As volume is gradually decreasing as we move up, I am expecting a massive volume surge within coming week, breaking out of current levels (upwards).
Thanks for reading, may you have any questions or remarks feel free to post them beneath!
Kind regards,
Gabriel Molenkamp
bts going forwardive noted the chart for key resistance and turn dates. imo and in the medium term, bts is headed for new all time high, bts, while like all the alts took at beating on 5.8 along with the other alts, has held up very well. and there are fundamental reasons why i believe a new all time high will be reached. but its volatile and if you can hold spot, margin trades are very risky on polo presently. and i see a turn in bitcoin no later than the 15th of may. these arcs and their intersecting points caught the 5.8 pivot dead on, without my intention of catching that point specifically, when i set out to draw these charts, i work on different geometry without the intention of nailing important pivots, when i finish i review, and if it works out that key dates were picked up, i will stay with that method, i was pleasantly surprised to see the 5.8 turn date picked up.
$BTS - possible correction aheadAs the price of BTSBTC and the Lagging Span are both approaching edges of the Ichimoku cloud
- be ready for some rebounds & correction from about 1350 satoshi level.
BTS getting ready to launchBTS can’t wait any longer for another nice pump. It’s getting ready to go to the next level. I expect it on Sunday, April 23rd, after the french election.
Entry: 850-1000.
TP1: 1200.
TP2: 1500.
TP3: 1800.
Stop-loss: 780.
Risk/Reward: 2.3/1.
This idea is a continuation of the previous:
Good luck.
Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine. I will be posting updates as I have been doing in my previous posts.
Bitshares BTSBTC - Cup & Handle Breakout?Looks like another potential Cup & Handle.
The yellow one doesn't really have a neckline point on the left side so I'm not sure how valid it is - otherwise it looks pretty good. Breakout may be happening now.
If you draw it with the neckline at the previous peak (purple), we've already broken above the neckline and the target is similar.
My for either one is going to be in the 1300 range.
Good luck!
BTS to the moon? The past few hours in 2hr chart there is a support level around 860-900 and keeps bullishing!
Maybe is the last call above the 0.000001?
i think that the risk for a long is has more potential profitable than from the short-term because of the altcoins marketcap is keep growing each day 150m so maybe we wil not return back at the lows never again.
Buy: 900 TP: in a few weeks :)
Just an opinion..
Thanks
Substantial Cup and Handle - Bullish Continuation? Much has been written about the potential inherent in BTS/BTC in the coming days/weeks/months, including by the brilliant analysis of intuit.
It seems a massive "cup and handle" has now formed, and we appear to be on the breakout side of the action already, continuing what could indeed confirm the massive surge many in the long position here are eyeing. If Bitcoin undergoes a correction as many anticipate, this could be a true bonanaza
In contrast to price indicated on the chart shown here, the price is now up again, at 915.
Personally, I'll stay long a good portion, not worry about the daily jadda jadda, and let it run it's course.
Let's see what happens, and all the best for your trades.
moontumble
Bitshares BTSBTC - Bigger Cup & HandleJeez I feel like a one-trick pony with all these Cup & Handle ideas lol. I'm just seeing a lot of them lately.
The earlier C&H played out and now there's a larger one that's just in the process of breaking out now.
There are a few ways you could draw this one depending on how you look at it, but I chose to draw the angled one pictured because of how the volume fits. The other versions have basically similar targets but slightly lower, so I made the target bubble a little bigger to accommodate them.
Good luck!
