BTS/BTC will history repeat itself with massive gains?No real trend analysis here just an observation I thought I would share.
Looking at the current and past price structures of BTS/BTC they are strikingly similar and they are even on the same satoshi level. We all know history tends to repeat itself, ripple for example showed us this with its crazy run up and steep decline followed by a prices (this could change). Anyway if history repeats itself we could see a near vertical run up and with indicators looking good this is not impossible. More history would be nice but just in case this does happen thought i would mention it. Do not make a trade based off this was purely for a lol and what if.
*This is not financial advice*
BTSBTC trade ideas
BitShares BTSBTC - Long Setup D1Use fib lines as targets - both time and price analysis are available on the chart.
Measure fib zone 1 to fib zone 2 to determine a time estimate for the formation on the right side of the cup chart pattern within fib zone 3 to fib zone 5.
RSI shows plenty of action on the upper +50 range, indicating bullish bias.
MACD shows fresh momentum.
No volume divergence.
Double bottom pattern shows minor correction is done.
EMA bounce up, no cross.
READY TO GO.
Bitshares well positioned for increased interest in DEX With all this talk of hacked exchanges it's fair to assume more interest/capital will start flowing into the DEX space. BTS/BTC has been forming a textbook cup/handle pattern for the past few months and just broke the channel to forma new higher low signaling the start of a new market cycle. Watching this one closely but the risk/reward is looking mighty fine.
Insane Rocketing 480%, a revisit to ATH !!I have abused it a lot for shorting, for a while I was thinking on how low it is going on it's C correction wave. What about if it is in fact ready to roll on it's major 5th wave. Let's just look at how it was on the past it's 5th wave: 811% insane rocketing !! What about repeating this ? 483% from where it stands today. What about a bit of non AT ? What is BTS and what it promises ? BTS is a DEX, descentralized exchange, solution to all problems related to govts hunting down centralized exchanges, from closing to regulating and taxing.
I have to point out that BTS is really hard to chart, can't find harmonics here, looks like AT just don't work here. So what I am putting here is just some perpective, and possible valuation over time.
Bitshares - This coin will wo wild in 2018! [Buy Opportunity]I strongly recommend to buy Bisthares.
It is a young pretty solid project with enormous potential and it is offering a whole stack of financial services for the blockchain world.
In my analysis it has a big grow potential too, referred my chart structure, indicators and previous highs and with this, very good looking fibonacci levels.
Targets are:
1 | 0.00004316
2 | 0.00006857
3 | 0.00008911
4 | 0.00010965
5 | 0.00013889
6 | 0.00017614 | old all time high
7 | 0.00028371 | new all time high <— Fib. 1.618 extension
Also it is a recommended portfolio pick by the early January palm beach confidential report.
When BTC & market correction is over we will see gains, expect truely massive!
... and watch the targets ;)
Relax your life and get what you deserve.
BTS LONGBTS recently broke through its linear regression channel, retested the top, and bounced upward. This brought it out of the 4h ichimoku cloud with a bullish future-cloud and a lagging span in "open space".
Volume profile doesn't put much in our way in the short term, but zooming out a bit we see that there's going to be some resistance on the way up. Overall very bullish though.