BTSBTC trade ideas
BItshares???Hey guys! So I was looking at bitshares a bit and fantasizing of a huge jump. What are the chances of this happening?
If there was a breakout this would be a great time to accumulate and hodl.
Entry target: 2800-3000 sats
Profit target: the MOON.
Bitshares have had much higher highs and honestly with the crypto market trends it could easily go back there within a matter of days. I have been holding bitshares for a while now but just have a gut feeling.
Love to hear your thoughts
BTSBTC Trend ChangeSo, what we can observe is that BTS has broken downtrend and escaped zigzag. Sudden rise portends uptrend and if second candle will be blue we can play on rise.
RSI shows bullish divergence on last 3 candles, also it broke lower border. Alternatively, we can see high divergence on S-RoC indicator, on range of 5th September and 10th September. Additionally, volume is also increasing in that rise.
My prediction is that, if BTC continues to fall, it may effect BTS price and we can't see future uptrend, but if BTS price increases BTS will go up very fast. Buy BTS now and put stop-loss orders on 0.00002590 priceline.
BTSBTC Poloniex, Get Some BTS or Regret later. It heads to MoonUndervalue powerful coin at this market value, Get some or regret later.
following triangle pattern, and creating double bottom.
Planned Hard-fork by Dev
official announcement
twitter.com
bitsharestalk.org
Hold it long term,
or book profit @ 0.000038 - 0.000040
Battle of the titans BTSWe can see Major Bulls entering the market, although the massive bears also gained large profits if they rebought the dip. You can see a lot of tension coming from CHBTC, since china is in massive panic, due to regulations. BTC in china also fell behind 250 dollars to other exchanges again.
At the moment the BTS price is linked to the Chinese BTC Price. As soon as china goes above 29000 cny BTS will follow strongly.
Or BTS might also break free from the bearish sentiment on its own on poloniex. You can see a massive increase in buy orders on poloniex. From a minimum of 130 btc to a buywall of 450 btc. The buywall on poloniex is 350 btc + at the moment. Giving the bulls time to set a permanent floor, untill the next major uptrend.
Short term i expect bts to test 3600 sat. If bts break trough 3900 sat the uptrend is confirmed.