BTSBTC trade ideas
BTS/BTC Poloniex 15Sep2017 – falling wedge – RSI divergence1D chart - BTS is closing to support 0.00002072 against BTC. Falling wedge pattern and RSI bullish divergence suspects potential trend reversal and so buying opportunity may develop. RSI and MACD to confirm and Ichimoku related signs should be considered as well. Potential TP zones are – 0.000065-0.000069 (0.618 fibonacci of latest uptrend); 0.000097 (0.382 fibonacci of latest uptrend) and 0.0000141 levels.
What do you think? Please note these are my personal thoughts on potential price movement – please trade carefully!
Long $BTSForming a possible triple bottom in the 4H. Huge accumulation over the past weeks. Highest volume day before. BTC China fud. Decentralized exchange. You want more?
RSI on the daily and 4H looks good too. Broke under the channel to shake out weak hands. Still in the zone though. Expect movt. in a few days. Buy @2650-2900.
First target ~ 4800
Second ~ 6500
Third ~ 8500
DYOR!
Buy and Hold untill 8 k sat +No matter what happens with BTC, BTS will be unstoppable now. BTS has the only working decentralized exchange. Amidst regulatory panic, billions might start flowing any day now into BTS. If your lucky BTS will grow 10 to 20 x in the coming 2-3 months. If you look at the BTS graph its similair to early BTC grows. In my opinion BTS is the only coin that can replace BTC atm.
BTS Long - clean and simplevolume is increasing steadily
breakout imminent
they hardfork their testnet in 3days - this will be the last test before they deploy on the mainnet
Bitshares as decentralized exchange is probably going to be more and more important in the future.. especially if china tries to tighten their grip on exchanges ..
opportunity to buy . Trade short term or hold long term .
BTS is a good coin and is priced lower than the value .
Price is experiencing weak resistance at 3000. If price exceeds this resistance can reach the supply 3330-3540 then adjust. If prices continue to outstrip supply may reach 4000 and strong resistance at 4500. Good luck !