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BTSBTC trade ideas

Bitshares (BTS): the beginning of the new bullish cycleHi guys, maybe many of you dont know much about Bitshares, which is rare because Bitshares is the Descetralized exchange of Cryptos (The DEX) developed early in 2014 with the Graphene Technology by the same creator of Graphene. Bitshares is an exchange that can be downloaded as a wallet, yes an exchange and at the same time it is a wallet, what means your funds are safe always and wont have the problems of scammers or hackers that common exchanges face, you can trade there too. The DEX has an exclusive portfolio of assets like Zephyr (Bitspark project), BitUSD, BitCNY, BitRUBLE, Stealth, Hero and OpenLedger, this last one is the gateway used by The DEX to make external transactions. The community alone in telegram has more than 5k members plus another telegram channel to traders, apart of the core's channels at Github, Bitsharestalk, Steemit (part of the Bitshares family). We have a weekly report called "State od the Network". This is maybe the oldest and at the same time the only active and seriuos community that has keept connected despite the years. Bitshares has already developed three exchanges: The main DEX, the Russian "RUDEX" and the Thai "Bitshares Thailand". We have one of the best staff of developers, they are too much active, so much that Bitshares is about to release some good news, some of them about code performance, new GUI, and the expansion of the Bitshares by listing it on other known exchanges, also new projects possibly with EOS and the new tool to send 100% anon transactions by Stealth (0 tracing) coming soon. About technology: Median confirmation time=1.5 secs, Transaction rate capacity=100.000 tx/sec, Max transactions per day=8,600 million, Median transaction cost=$0.02~$0.003, Daily transaction record=920k, Custom tokens, Trustless stable coins, easy to read addresses, Blockchain length in blocks=20million Clearly Bitshares is not a pump and dump token, it is a conglomerate of projects. TA: Bitshares broke up the 50% RSI this week after almost 5 months being below it, the accumulation phase shows a strong support. It is probable this time the bullish cycle is more steady. Target: $0.5, $1 or higher, even some analysts are talking about $350 if Bitshares reaches the marketcap it needs the next months. Good luck with your picks
Long
by Ingemkts
5
BTSBTC Poloniex 4H 18Nov2017 – Elliot waves, Fibonacci levelsBTS made a fine ABC correction against BTC after a run from bottom 710 to 1350 (with completing 5 of 5 waves per my view previously). Price bounced back from exactly the 0.382 fibonacci level with completing C wave of the correction of the upswing and now is in the cloud and back above the uptrend line. RSI back above 40 – bulls are in trade. In my opinion BTS starts a wave 3 now. If BTS breaks downtrend line formed by the ABC correction next move can be to the 1.618 level (1785) of the latest upswing – this overlaps with 0.236 fibonacci level of a downtrend move started from approx. 6000 level. This is a strong resistance. Next resistance and target can be the 2.618 level (2460) of the latest upswing – this overlaps with 0.382 fibonacci level of a downtrend move started from approx. 6000 level. If price breaks down recount of waves, adjustment and new analysis may be required. These are only my personal views on potential future price movement. Please trade carefully!
Long
by drgorogbalazs
Short BTS Swing Trade (Daily,4H) On daily price is in sellers territory and Ranging for a long period. We got a nice pullback to the Resistance Level 0.00001286 level and we turned many people into buyers. This is a conservative entry and proper Risk Management needs to be taken. As we are correlating with BTC, BTC is on Bulls run and so, BTC has a +5 weakness. Entry: 0.00001265 TP: 0.00001075 Stop loss: 0.00001433 ( Little wider as there is a chance to leave a spike) Position Size: 1% Risk on your capital/0.84 (BTS) Risk/Reward: 1:3 So, Proper RR is maintained. If TP is hit then we will be at 16% profit. What can go wrong with this trade: 1) As the momentum is not 100% faded out there can be a test till 0.00001370. 2) If it leaves a big spike then we might hit our SL.
Short
by ReddyShyamShankar
1
BTSBTC Analysis (Long n Long)Hello Friends, BTS has now confirmed its formation of bull run as per the chart and it had been really down after delisting from Bittrex. It is now ready to go back high to its comfort zone of 3-4K sats in a month time. Personally, I'm going to hold BTS for a long long time along with trading. Long Term: ****************************************** Entry : 1250-1350 Sats Take Profit : 3350-3400 Sats Stop Loss: 950 Risk/Reward Ratio: 1:7 Duration : 60-90 Days Short Term: ****************************************** Entry : 1300-1350 Sats Take Profit : 1599-1610 Sats Stop Loss: 1150 Risk/Reward Ratio: 1:2 Duration : 2-3 Days Please provide your comments. Tip Jar : 19mr7NdaTiaudCUGNepcUYnCtphnUjVAtK (Only if u like and make some profit from above) Thanks & Happy Trading.
by AJ1982
BTS bottomed outLooks to me that the BTS price has reached a point where it is unlikely to fall much further. That said, its very very depressed and BTS is only traded on Poloniex despite it is the most actively used cryptocurrency regarding number of transactions. Since it provides stable coins like bitUSD and bitCNY, it might become an alternative safe haven when USDT gets in trouble. Luckily the lack of exchange support doesn't really matter since BitShares is its own exchange and is actively developed with supporting services by the danish company OpenLedger. The coin was never more interesting. How much % of your portfolio would you park there?
Long
by elegant_banzai