BTSBTC trade ideas
BTS to reach 20000?First Post. Just got into trading recently and decided to start testing my charting and predictions by putting my ideas out there.
Looks like BTS after over a week of consolidation is ready to break out of the pennant formation. If it breaks through the red resistance, watch closely to see if it is able to break through the resistance of the blue channel. If it does so, I believe its very likely to spike to around 20,000 satoshi based on the previous upspike. Watch closely for an increase in trading volume to confirm a breakout
If it bounces back down at the blue resistance line I would expect that the upward trend will just be prolonged a couple of days.
Lets see if this pans out. Please trade at your own risk.
And please if you have any insight or advice to help me improve in my charting please feel free to share, thanks!
Bitshares' Consolidation Days are NumberedAfter days on end of consolidating around 1200 sat, where will bts go? My hunch - up !
bitshares sleeping giant parabolic leapBitshares has been asleep for quite some time. Looking for a volume bump to knock it out of consolidation and into its next move. Its no secret that BTS can make some serious runs. Keep an eye out for this sleeping giant.
BTS to complete cup and handle?There's a nice repeating C&H on BTS 0.00% and I think we're just doing it big this time. Lets see if she follows the dotted line or not!
BTS Analysis and TrendsBTS looks doesn't seem to move much and has very low volume ,it is looking for a high volume breakout to break the downward trend I think a move will happen by latest next week
Watch the various lines for entry and exit and keep Stop Loss at 9600
Trade at your own risk
Best of LUCK
BitShares / Bitcoin 6h trading I wanted to show a strategy that I used today.
I'm still new to this and only used a few satoshis on this strategy to learn how you can make a small profit in a consolidation period. However to the chart:
1 - "Tunnel", Between those two lines the market couldn't decide if it goes up or down. The result in this situation are big bullish- and bearish-candles.
2 - "Buy", After every short breakout the price dropped to 11110 Satoshis. Everytime it hit this line I bought.
3 - "Sell", When I bought at 11110 Satoshis i set myself a sell order to 11250 Satoshis. Almost everytime it went up in two to five minutes and I sold.
During this time I made four trades and gained about 4% profit.
In conclusion I would say it is a very safe strategy with little profit.
Often I sold within a couple of seconds because of my sell order.
Let me know what you think about it!
BTSBTC close to an interesting pointPOLONIEX:BTSBTC is currently in this "tunnel". If there's a breakout it might hit resistance at around 0.00011690. Otherwise it will gain support at around 0.00010600 and quickly go on a bullish run.
BITSHARES minor decline?Looks like we may be in for a dip. If thats the case I'm looking for a great place to buy as I think we may see one more push to the top. Im compelled to trust this analysis as it coincides with what looks like a possible uptick in the price of BTC for what might be $3100-$3300. A great play wold be to buy BTS after the dip and then the highs into what might be a more BTC consolidation after its last leg in the BTCUSD cycle.
Find the BTCUSD church attached below.
BTS/BTC Potential Upside LONG & New ATH.We're going LONG for Profit,
We might be apporaching a new ATH -1.10% .
Target: 24,000
Hopfully china wakes up in the next 3-4 hours and plays the bull market. ;)
Just an Idea, please trade responsibly.
Regards,
a-vires
BTS - potential break out in the next dayswait for the first "foot" stepping over the resistance line to retrace and if volume is picking up.. buy..
this is just a guess of course.. it means - keep an eye on bts and decide for yourself when the time comes :-)
BTS great potential BTS has great potential, but it seems to have slowed down. This could indicate a short term drop. Try to buy BTS under 10.000 SAT It will probably go up a lot after.
Profits trading BTS Bitshare is supported quite well preventing further drop at 1650 satoshis 38.2% fibo.
