BTS BEAUTIFUL FRACTALI've tried to make this chart look as least intimidating as possible, because that always makes for a good chart!
The market cycle playing out is a fractal (elliot waves). Entry is at the 50DEMA. Time-fibs have been spot on in the previous cycle so they're worth considering in this fractal. Also, the fib-extension from the last cycle is relevant to this cycle.
I will be going margin long on this on poloniex :)
Thanks, Caleb
BTSBTC trade ideas
BTSBTC - Daily Chart "Cup and Handle or not?"Should be retesting blue curve, the prior larger fractal could repeat thus invalidating a cup and handle (handle should be in making now then). If we break blue curve strong odds that we are not making cup and handle for higher levels and the previous fractal repeats.
Good luck trading,
-TheTrex
BTSBTC : TA PROJECTION + BTS CEO ANNOUCEMENTHi guys,
Today, i post the update TA projection. I have the same both projection but with more decisive zone where we might see trend reversal confirmations. My prior projection is the bullish one. According to the God father of Bitshares, Stan Larimer, big annoucement will be made soon (this week).
Here's is a part of the publication made by Stan Larimer :
''The BitShares Enterprise Alliance (BEA)
This new Alliance of BitShares based Enterprises has a surprising lot in common for random companies whose only point of intersection was the shared improbability of having let me into their board rooms with twenty seven eight-by-ten color glossy photographs with circles and arrows and a paragraph on the back. As a result of that brief lapse of judgment...
Each will be launching an innovative new ICO coin in the profoundly near future.
Each will be moving from Ethereum to BitShares to avoid Krypto Kitties congestion.
Each will be bringing millions of new customers to the BitShares community.
Each will be pumping millions of new dollars, some daily, into available liquidity on the BitShares network.
Each will be chipping in millions of dollars to build the common "Hero Hub" services they all need.
Each will be using a portion of their revenue streams to perpetually buy BitShares via their own Hero Endowment.
...and that Hub endowment will grow to many billions. Fortune 500 status this decade is not out of the question.
This growth will occur as a million-to-billion club member
Right alongside their ten whale sized income stream endowments I told you about two years ago.
Right alongside our Billion Hero Campaign endowment I told you about Last Summer.
Right alongside Evander Holyfield's BitShares Endowment for Global Disaster Preparedness I told you about last, um, week.
Right alongside similar endowments for other thought leaders we haven't mentioned to you yet.
That's a lot of endowments.
And each will be taking millions of BitShares out of circulation.
But of course, I can't give you any investment advice, I'm merely here to tell you about Alice's Hero Hub.''
Source here : steemit.com
------------------------------------------------------
Thats why i stay with a bullish count as my primary projection. News will comes to justify the impulse.
BTSNew idea- its been a while!
I have been Margin Trading on Poloniex. The non-trending (sideways) market makes it hard to find time to publish trades- as my goals are based on a very short time frame.
Swing Trade- a day to a week Hold
LONG
- overall Uptrend
- correction phase trend line broken- (downtrend line broken)
- falling wedge- BULLish pattern
- Elliot Wave Triangle Correction Complete ABCDE
- BULLish Stoch
- BULLish RSI
- BULLish MACD and BULL cross
-+DMI increasing
Entry
- if missed the entry then wait for the consolidation and next movement as price action will IMPULSE- REACT- and then Continue
- Look for consolidation in the magenta range as there is a good amount of support and resistance there.
Target
- ATH
BTS to head up to HIGHER highs after this consolidation is overBitshares is consolidating after a great run up to ~90cents and consolidating to near terminal end of WAVE 2.
Based on its history and fractal past wave 3 tends to be and extended 3rd wave of a 3rd wave extension, which basically means its going to move up unlike other coins do during their 3rd wave up.
Normal fib ratios of 1.618 to 2.618 will be surpassed to extension height of nearly 3.618 x the height of wave 1.
During a wave 3 extension of 3rd wave extension here are some characteristics and clues to be looking for while its making its run up:
Extension characteristics:
-sometimes the subdivisions of an extended wave will be nearly the same amplitude and same time (unit) duration
-this will appear on the chart as a 9 wave series of movements vs the traditional 5 waves (since there are embedded subwaves to a lesser degree of trend within their greater whole)
**in stocks typically "extensions of extensions" occur most often within 3rd waves VS traditional commodities bull markets tend to see extensions of the 5th wave (also uncommon)
IN cryptos tho, extensions of the 5th wave are no stranger. So maybe we will see an extension of the 5th wave....which doesnt really matter as an extension of either wave 1,3,5 should yield 9 total waves.
mind you, time is not necessarily predictable and so this price climb could happen as soon as this weekend or move into next week or beyond
*Serie A coins* BTSBTCHi guys,
Second cryptocurrency to enter the hall of fame, i present to you : BITSHARES (*everybody screaming yeaaa*).
Firstly, TA
This chart is between macro and micro TA. This is where both world crush together but this is the better representative graph that i can show you for my next projection. This current chart follow the old one :
Part 1 :
Part 2 :
And this is the part 3 : they are many similarities with the present presentation of the chart with 17/5. Like i always say. TA is about fractals, patterns that are part of each other and repeat themselves to the infinite. Since fractals are base on logics we use them to project Y values. Thats why i took data from 17/5 and found similarities with today presentation. Some of my followers know well what im talking about and the evolution of my BTSBTC projections.
Secondly, heres why BTS is on one the famous ' Serie A coin ' ! (these info comes from my almost non active cryptocompare account)
What is Bitshares.
BitShares looks to extend the innovation of the blockchain to all industries that rely upon the internet to provide their services. Whether its banking, stock exchanges, lotteries, voting, music, auctions or many others, a digital public ledger allows for the creation of distributed autonomous companies (or DACs) that provide better quality services at a fraction of the cost incurred by their more traditional, centralized counterparts.
Source: docs.bitshares.org
Also, BTS gain a lot of attention by often occupying position 1 in the block cahin activity matrix
Source : blocktivity.info
Bitshares technology.
• Graphen :
Graphene based systems have orders of magnitude better performance than first-generation Bitcoin-derived systems or even the second generation “Bitcoin 2.0” systems that constitute our current closest competitors. Graphene based systems go beyond mere “checkbook” style payments to offer a broad range of financial services distinguished by their transparency and inherent incorruptibility.
o Coin that use Graphen/Dex
Muse
Peerplays
YOYOW
Bitspark via Zephyr
CCEDK (cryptocurrency exchange)
Source : docs.bitshares.org
• Decentralized exchange a.k.a. DEX :
Bitshares DEX is the worlds first decentralized cryptocurrency exchange.
Source :
wallet.bitshares.org (online link)
bitshares.org (download link)
Bitshares partnership
• AriseBank (announced the 2017/12/15)
Arise Bank is the worlds first decentralized bank.
“The world’s first federally compliant, decentralized bank invites visionary strategic partners from all countries”, said Eddy Taylor a BitShares partner and a current advisor to AriseBank. “Arise features will include quantum computer-safe operating systems, multi-crypto debit cards, cell to satellite global outreach and much more”, he said.
Source:
www.zerohedge.com
medium.com
• Bitspark Zephyr (ZEPH) token (announced in 17/08). On DEX since 17/12
Bitspark is launching Project Zephyr to eliminate banks from the remittance industry by rolling out 180+ fiat pegged cryptocurrencies via the Bitshares Blockchain and making Bitspark’s Money Transfer Operators a decentralised cash in, cash out network worldwide. Zephyr Tokens will be used to reward those who economically benefit Bitspark’s remittance network and 25% of fees from successful transactions will be used to buy back tokens from the Zephyr market.
Source :
zephyr.bitspark.io
blog.bitspark.io
(more in comments section)
BTS/BTC - Long Position - Day Trade Setup.This BTS/BTC pair is showing strong support at the 4000Sat level. It is posting more reversal signal candles on smaller time frames. This is also a 76-78% Fib zone from a previous high. The market is acting like it doesn't want to continue the counter trend.
BTSBTC : DECISIVE MOMENTHi guys,
Heres my post about BTSBTC. There is alternate count as i go macro i see different pathway that BTSBTC may take in the short term
Micro TA (current chart) : BTSBTC seems to consolidate near 4k sats level. this could lead to a bullish after tested and failed 3 times the 4k support.
On the other hand on macro TA, i see in BTSBTC a pattern that may repeat itself
See here, the 17/05, we have almost the same presentation as now. i believe that each chart have their very own specificity that can be use to do TA projection :
According to the past events, we can project that BTSBTC will behave the same this time. This could lead us to a different pathway :
Again, according to the past events, if we go bearish on the short term, expect godly gains after this correction as the precedents events show us a monstruous bull run after this similar correction.