BTSBTC trade ideas
BTS/BTCLook at that gorgeous PnD in bitshares graph :) nothing more, nothing less. But regardless of price I think bitshares among other coins with decentralized exchanges will be big, the infrastructure is there, they just need volume and a new era of dex exchanges will proliferate.
But anyway. These prices, I would consider fill some bags below 1.5k is quite prudent. Official top of ichimoku span b is almost 9k, a pretty crucial price for long term perspectives. in the short term, if we'll have some volatility to counteract this dumpage, 3.5k could be touch for sure, and depending on the speed of the movement it could be nice to trade above this price.
The stochastics is in full dump mode pushed all the way to the ground waiting for a string to pull the price up, reset the indicator and give us another perspective of what could be happening next. Just as it happened last year ending in a full dump mode in the stochs and after that a wave of preparation and boom, we lifted on march. Who knows what awaits us in Q1 2018 :o
BTS bounce area ?BTS might be setting up for a nice tradable bounce. After losing 90% of its value from the pump its worth taking a gamble on this one.
It also entered a support zone and the RSI didn't make any new lows for a long time while price did. This bullish divergence might give us the reversal sign we are looking for.
I am adding to my position and will sell on new lows. The risk-reward is fine on this one. The target for this trade is around 4200 sat. POLONIEX:BTSBTC
BitShares Fake panic or Huge dump?BTS will be deleted from Bittrex on October 31th . The whole volume is 22 mln today and on Bittrex 7 mln and of course it influences on price. BTS developers try to solve this problem but as we know in most cases it doesnot help. Technical analysis shows that now may be entry point for long term.RSI is in oversoldness , and last time was there in March 2017. Stochastic is in oversoldness too.We can buy now but for greater safety may catch the moment and enter after breaking downtrend line or on rsi double bottoming
Good luck)
BTS short trading. Whales are expecting !!!BTS try to continue downward trend , without any preconditions of beginning up trend . It broke down triangle which was formed earlier and broke down flag pattern . It must fall to demand zone , when correction will over and whales buy it so 10x growth can be .
Money or business
Bitshares - Sleeping Giant?I really like the technology and ideas behind this coin. Also, it's really cheap right now and had a large price hike back in June. I see great long-term potential in this coin and you can get a lot of them. They're somewhere around the 30th largest market cap right now. I'm willing to bet we will see a lot of growth from this coin during the next "crypto-craze." Now is the time to get in, it's cheap cheap cheap and progressively getting lower, but it ain't dying. Depending on how long you hold you could be looking at 10x return or more (Just looking at price hike from the past).
Remember, this one is a hodl.
More info: bitshares.org