BTSBTC trade ideas
Bitshares Adam and Eve at important price levelBottom pattern adam&eve to be confirmed at important resistance level.
Needs to break 2500 sat with volume to be a confirmed bottom.
weekly
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Bitshares (BTS/BTC) - ROUNDED BOTTOM REVERSAL!Everything indicates BTS is heading for new heights. The chart is easy to read, no BS. I would consider a good entry between 1700-1999. Please wait for BTS to turn around after it's done correcting.
*Not intended as trading advice, this is just my opinion, use your own judgement when trading real money.*
Potential Entry: 1800-1999
TP1: 2925
TP2: 3399
SL: 1690
BTS market cycles comparedok so expect a new rally in 1 week
if not kill me
i made tons of TA about bts, i failed every single time
if i fail this one too, i will just make new one lol
if you give up, you can't win in this market
BTSBTC long above 1779 Tp at the Fibonacci level on chart BTSBTC long above 1779 Tp at the Fibonacci level on chart
Note: BTSBTC now buyzone at Daily chart
BITSHARES : DOWNTREND BROKEN / INDICATORS POINTING UPThe following indicators are on the weekly base and therefore we can expect the price of BTS/BTC to go up continuesly for the next WEEKS
-StochRSI just crossed.
-MACD still under 0, plenty room to grow.
-RSI under 50, plenty of room to grow up to 70.
The marketcap is just 355 mln USD, it is traded on Binance and Poloniex. Binance is the biggest exchange, Poloniex allows Margin Trading.
Most important:
THE DOWNTREND WAS JUST BROKEN!
Additional to that we are in a phase were people are still afraid of losing money to exchanges, the exchanges being closed/hacked or that regulations will set in.
Decentralized exchanges make sure this all does not happen. BITSHARES is the most advanced decentralized exchange and will benifit from this. People will realize that very soon.
More buying arguments:
medium.com
Everything points upwards, I expect a huuge pump the next weeks, up to 2 bln USD marketcap!
It is very cheap now at 2.000 Satoshi, it was at 15.000 Satoshi already and it hat the possibility to reach that again, even climbing higher.
Exciting time guys!
BTSBTC and BTSUSD price analysis and predictionexpecting much of the same as previous chart
only NOW I have extended the time frame to account for the sideways action.
who knows maybe my previous chart was still on track, but i think everything is goin to keep moving sideways until we see if bitcoin can recover from so much RED.
BTS - Way back to the top?BTS broke out resistance line of falling wedge. Also buy signal from SMA 5 / 20 combination.
If the 2000 resistance will be tested successfully, there is a chance for open end.
Bitshares (BTS). Bottom found?Bullish triangle formed and ready for break out. ABC correction complete and found a bottom. Any further drop would be concerning. Lots of resistance on way up, without increased volume, price will struggle to surpass prior highs. BTS 0.00% price movement will also have big impact. I see BTS 0.00% at 7-10$ by end of 2018 if we see increased volume of overall market. If not, small wave 3 is likely to occur and a possible failed wave 5. Will need lots of volume to push price from Wave 3 into large Wave 5, finding solid bottom on wave 4 correction. BTS 0.00% coin news to be released early summer... will push price higher and increase momentum if market is bullish.
Major Resistance: 4580 sat
5824 sat
10121 sat
RSI low on the daily- Looking good to break
Will be doing TA on several coins
Throw me a follow if you like the content!
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/BTC] PROFITABLE LONG-TERM INVESTMENT -TAHello traders! here we have this coin has been forming a falling wedge for the past couple since January~ . Bitshares has retraced `%78 from ATH, This coin has been testing resistance, and when it does break resistance line prepare for a spike in price.
If you look at Oct~ BTS had a 680% price spike over about ~77 days. I'm not saying lighting will strike twice, but history tends to repeat itself. With bullish signals and breaking of the wedge, we have a lift off!
As always this is my trade opinion. Do your own research and never risk more then you can afford to lose! Feel free to ask me questions and or comment your thoughts and ideas.
Good luck to all traders!
Bitshares : the legal gold standard.This is more a blog post than a TA post :
In last month post (), i was sharing with you all my concerns about legal aspects of trading platforms. Their lack of accreditation and the poor understanding of what you need to legaly operate. I was saying :
"Poloniex for example have only a MSB FinCEN registration, but there are considered financial institution in regard of the law which should have a SEC registration # for operating as a broker/trading platform according to the section 15 of the securities exchanges act. They hide behind their MSB FinCEN registration (calling themselves Currency dealer or exchanger) but they charge maker fees so they they are considered unregistrated fiancial instution if you include their activities (charging fees between p2p trade)."
Today, SEC released a warning about tradibng on cryptotrading platform (www.sec.gov) :
"A number of these platforms provide a mechanism for trading assets that meet the definition of a "security" under the federal securities laws. If a platform offers trading of digital assets that are securities and operates as an "exchange," as defined by the federal securities laws, then the platform must register with the SEC as a national securities exchange or be exempt from registration. The federal regulatory framework governing registered national securities exchanges and exempt markets is designed to protect investors and prevent against fraudulent and manipulative trading practices."
The fact that Bitshares and DEX are self regulating bodies give BTS a position way ahead comparing to other crypto out there (and trading platform).
Link of Bitshres SEC compliant :
1) www.txsrb.org
2) steemit.com
3) youtu.be (John Gotts, ex-SEC lawyer)
None of the cryptotrading platform in the US are SEC registered : www.sec.gov
Mark this on your calendar, a major US based crpytotrading platform is already under investigation and might end up closed. I bet maybe on the Q3 2018 we will know which one it is.
What if im wrong ? Nothing, you will still have your assets
What if im right ? Your assets will be seized/frozen for an undefinied period of time and you wont be able to exit before the market reaction/crash.
I recommend everyone to transfert your BTS on DEX.
BTSBTCBTSBTC short at 1793
see chart notes
credit goes to @Darw1nsaysDie for pointing out this coin as possible short....
BTSBTC : Does BTSBTC try to say something to meHi guys,
You all know that i eat some BTS each day for breakfast, lunch and dinner. I never can really leave it alone. I need to share you my thoughts on BTS chart.
If BTS can break free of his 50 MA resistance (2175) and sustain over 2300. Then we could have a probable target at 3000 , then to 5 for 3600. The million is : is the bear market done ? Nobody can really answer this question, thats why the need to make alternative count emerge.
I made an alternative count 2 weeks ago about a bigger ABCDE. Right now, I kinda like see same targets, or same pivot points if you prefer. This conjuncture about my current TA and a 2 weeks ago TA make me full of doubts and bring in this question : Does BTS must see a up movement to 3000 do go then deeper at 1800 or the expected up movement mean a recovery of the bearish trend leading to a 12345 wave with 3600ish as 5.
For now, the most possible scenario for me are :
A (mixed) : The current presentation show a pivot point (C) and could lead to an uptrend to 3000 (D, ichimoku lead 2). Then market retract to 1800 (E). Completing an ABCDE correction.
B (bullish) : This double bottom forming an hidden 12 wave meaning that 3000 (3) trend resistance and 3600 (5) is to be expected as a bullish sentiment come over the market.
C (bearish): Despite recover signs and indicators stabilisation. BTC rally continue, leading to a sell off of BTS driving the price further down to a lower target of 1800 (C).
The 2 weeks old projection :
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!
