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BTSBTC trade ideas

Correction completed?As you might know the primary selling point of BitShares is the decentralized exchange which is the only one that is operating with volume right now and for years already. Some other banking services can be implemented on top of BitShares making use of the stable coins but so far these didn't pick up steam. The idea is that while there is a lot of potential regarding the stable coins, the hype topic of 2018 will be decentralized exchanges. A lot of them are in the makings but none of them will be really production ready for the start. In any case, BitShares should profit from the current broader developments as the whole sector grows. That said compared to Bitcoin the last days have been sad for BitShares holders. We are flagging and lagging behind the market recovery here for the time being. Looking at the price action relative to Bitcoin it's interesting to note that the lower edge of the falling wedge holds and if we count the touchpoints we can see that the next move up usually is the last one before breaking the wedge if we see a continuation to the upside. Wedges are a sign of indecision. The momentum goes lower, the Bollinger bands compress, we are going sideways for some time and this basically means that everyone trades the range and we are awaiting a move that is coming up. The important thing to notice is that this move can go both ways and we only know in which direction once the breakout appears. Odds favor a break to the upside with a immediate target about 6000-8000 satoshis.
Long
by elegant_banzai
BTSBTC ALTERNATIVE COUNTHi guys, I wasnt expecting BTSBTC pair to go such sideway. These are the hardest to anticipate since the value and data becomes more and more neutrals. From my experience, correction on the BTC pair end at top of wave 1 thats why i stay with the primary count (yellow one) but be informed that alternative count (orange one) is a possibility. I expect that the USD pair sustain at the levels while people may rally on BTC pair . But they seem to not understand that every dollars BTC gain is greater if you hold BTS as explained in my previous post. Im still optimist for BTS as fundamentals are greater each day. Good news still coming out each days and its just a pinch of what is to come. As you know, i dont like speculate on upcoming news but i like to say that BTS will surprise you on the short and mid term. (got informations that i cant officialy post before announcement regarding new platforms and BTS scaling upgrade). :) As you know BTS is the only high standard SEC compliant and this, ladies and gentlemen, will play in our favor this year (suspense).
by UnknownUnicorn1540828
1
BTSBTC testing crucial supportThere is nothing more to say. Seeing people trading BTS for BTC show that technological superiority have been lost between greed and speculation. When people trading a leading tech for a old one : blocktivity.info When people trading an assets leading a decentralized exchange to hold BTC on a centralized exchange. When people decide trading a SEC compliant assets. (www.txsrb.org) (www.blockchaindailynews.com) I could add many more arguments, but i dont believe that im talking to a majority of investor but a majority of 'where is my lambo' 'moon' short term speculator. There is a lot of non sense in the crypto world and i think that my place is with BTS team and not here posting chart. I keep receiving msg from people wanting to know the next 15 min projection so they can short it and buy back and short and buy back but cant answer the simple question : do you know what is block chain ? Do you know what you are buying ? Just look bitconnect, people was buying a non sense hundreds of dollars (!?) and people didnt known that they was buying a ponzi scheme now they crying on internet. It might be fractals in play, but right now BTS testing crucial support.
by UnknownUnicorn1540828
18
Challenging BTS part 2 - The Rocket +35.4% !BTS is challenging me so far loosing 1x3 and this is turning interesting because BTS is so instable you can gain a really lot and loose little when using short stop losses. Market is running good for the BULLs and I expect it to go good at least to BTCUSD 9,4K (bitfinex) and some alts are picking up and I get back to BTS where it features sky rocketing properties when it cross the MA. With Fibo 0.236 as our main game change resistence point and the MA as the trigger I am expecting a very strong come back after a long ABCDE correction.
Long
by bitcoin
Bitshares ready to share againBitshares has been around for a long time yet has been somewhat forgotten about amidst the mainstream adoption of BTC The realization of a decentralized exchange, without shady passport and address approval systems baiting the authorities to come and have a look; will only gain popularity as the crypto space emerges further mainstream in my personal opinion. and for that reason combined with promising signals on the Long term charting, im Long on Bitshares into 2018. Potential buy zone around 1000 satoshis but i may be wrong and the Rocket could take sooner.
Long
by Basil13
2
End of consolidation for BTS?BTS has corrected quite a lot, but never seemed to have a proper bounce back like other coins. Maybe it is still to over priced, so I wouldn't hold my breath for too long. However I have been learning about squeeze recently and applied it here along with my double pitch fork and trend lines, and all looks pretty much ready, also TD sequential is quite in line, volume seems calm like before storm and last candle for today looks quite strong. De Marker is right in the middle, so it's 50/50 as for this indicator but: we may have a possible brake out. If you decide to go long, watch the price movement as I don't think the correction is completely over for BTS.
Long
by jpnotmorgan