BTSBTC trade ideas
BTSBTCBTSBTC Long (Intraday)
On a daily perspective, we are in overall sellers territory and we are doing a counter-trend trade. I am going against the trend, as I see the last seller was taken out the buyer on the 1H and I could see the price reacting above the support on 1H and 4H. So, less risk can be taken for more profit booking.
Entry: 0.00001105
TP: 0.0000121
Stop loss: 0.00001075
Position Size: 1% Risk on your capital/0.3
Risk/Reward: 1:1 So, HH RR.
If TP is hit then we will be at 8% profit.
Buy from Sellers and Sell from Buyers.
BTSBTC LongBTSBTC Long (Intraday)
On a daily perspective, we are in overall sellers territory and we are doing a counter-trend trade. I am going against the trend, as I see the last seller was taken out the buyer on the 1H and I could see the price reacting above the support on 1H and 4H. So, less risk can be taken for more profit booking.
Entry: 0.00001105
TP: 0.0000121
Stop loss: 0.00001075
Position Size: 1% Risk on your capital/0.3
Risk/Reward: 1:1 So, HH RR.
If TP is hit then we will be at 8% profit.
Buy from Sellers and Sell from Buyers.
bts correction on targethave had this projection for about a week now, but wasn't too sure how it would actually pan out. hopefully the rest follows
BTSBTC Short BTSBTC Short (Swing Trade)
We are in overall downtrend from the Daily and we got a nice pullback to sell on the 240 and we turned many people into buyers thus we can do a nice sell. We have taken out the last buyer in our trading time frame (TTF) and we see selling pressure coming in. I have put a small stop loss and I am anticipating a quick entry.
Entry: 0.00001239
TP: 0.00000736
Stop loss: 0.0000132
Position Size: 1% Risk on your capital/ 0.81
Risk/Reward: 1:2 So, HH RR.
If TP is hit then we will be at 19% profit.
Buy from Sellers and Sell from Buyers.
BitShares to the Moon.BitShares made the enormous correction. ( about 95 %) . It is near the bottom . I guess in the buy zone is the best entry for long term.
Target - Moon
BTS to rally back to the 17 cent range and beyondBTS had an unexpectedly larger retracement than may have been anticipate - however, BTC had an unprecedented rally to nearly the 20k mark....hitting 19600ish which likely played a role in the increasingly low sell orders we saw for BTS. COME ON BTS
bts to rebound bts reboun?
drew sone kubes thru its mean and am observing its degree of acceleration in the upward direction.
micro parabolic growth - we are at the bottom of a big U. Only this dip may be the last "bottom" before we take quick jump to 2x land. Gains look small compared to others, but BTS will outperform, and provides much lower risk.
Go loooooooonnng on BTSBTC!Wave 2 completed. Wave 3 impulse coming up with a possible cup formation. Start laddering now!
BTS/BTC New Target Wolfe Wave, pattern repetition, etcContinuing on from my BTS chart previously using Wolfe waves to figure out BTS target - here are my new ones The targets meet a few criteria so I'm pretty confident about these. I can interestingly use the Wolfe wave I used last time to support the 900 sats target, I believe BTS is also going through a repeat of a smaller pattern that occured on the 20th (circled for comparison), this target will approximately test base support of the range and will complete an AB=CD. It may continue on to do a3-drives but that will break through the range, so I think it's unlikely, but I think it will instead create a rounded bottom and skim the bottom of the range. Following target will be 2050 sats as of right now.
BTS what's next after new high : Key levelI d like to share my view on BTS, After big sell off yesterday, Bitshares is still inside the channel up, many indicators are showing daily oversold condition MACD is in bullish territory, RSI show continuation of the trend. We see a lot of bull div on many time frame.However, volume is low. 1300 level is the 0.382 retracement of the last leg down is a key level for this channel.
As the chart shows, the 100 SMA and the bearish ichimoku cloud prevented further gain and may act as resistance for the future at 1650-1700 level. However, the bullish sentiments increase with tenkan/kijun cross on the daily chart. The bearish cloud is becoming smaller. To me it's more bullish than bearish and we can break up the key resistance if volume increase. On the other side if resistance we will retest the 1000-1100 level.
Historically Bitshares followed Stellar Lumens wich was strongly bullish last two month.
My target based on previous support resistance are
TP1 : 2100
TP2 : 3100 level
TP3 : 3700-3800 level
Stop loss at 1100 level
On the downside we retest 1100 level, stop loss at 1700 level.
Happy trading
BTS - 25% profit targetBTS has been on a great run and its still insanely undervalued imo. Looks like we just finished a mini abc correction, shooting for another set of impulses up!
Bitshares Long Wave 5Just learning Elliott Wave analysis. If this is correct, we're just about to start wave 5.
BTS cloud breakout soon?Possible if BTS breaks through daily cloud it goes a little past edge to edge then retrace to the fib before continuing up
BTS Bitshares Possible Bullish Divergence Reversal Long EntryBTS broke its long term trendline support area due to Bitcoin's crash yesterday.
However, we have a possible bullish divergence signal forming.
Market is currently oversold and RSI provides ample room for upward movement.
If current price area does not hold, 1311 may provide a nice entry opportunity based on fib and hidden trendline.
BTS/BTC Bearish 3-Drives/Wolfe Wave/ Retest of TrendBTS/BTC is potentially showing a Bearish 3-Drives or Bearish Wolfe Wave pattern, although the ratios aren't perfect they are quite close to 1.21 retracement. BTS might potentially go a little higher to make the ratios the same at 1.18 but otherwise I think that it will drop to around 0.00001236 BTC and retest the current bottom of the range it's in.
Left is a zoom in of right.
$BTS BitShares About To Share It AllAccumulation period might last a little while longer, Bollinger Bands have tightened, looks like it can begin its rise up as it did on its last major run up the cup.
