Bitshares BTSBTC - Watch for Cup & HandleBitshares is starting to look more promising.
It's on the low end of its price history right now, making progress, gaining more interest, and has just formed a bowl with appropriate volume - I can see a lot of upside here long-term if it continues to be bullish.
Watch for a handle!
BTSBTC trade ideas
BTS to the moon? The past few hours in 2hr chart there is a support level around 860-900 and keeps bullishing!
Maybe is the last call above the 0.000001?
i think that the risk for a long is has more potential profitable than from the short-term because of the altcoins marketcap is keep growing each day 150m so maybe we wil not return back at the lows never again.
Buy: 900 TP: in a few weeks :)
Just an opinion..
Thanks
Substantial Cup and Handle - Bullish Continuation? Much has been written about the potential inherent in BTS/BTC in the coming days/weeks/months, including by the brilliant analysis of intuit.
It seems a massive "cup and handle" has now formed, and we appear to be on the breakout side of the action already, continuing what could indeed confirm the massive surge many in the long position here are eyeing. If Bitcoin undergoes a correction as many anticipate, this could be a true bonanaza
In contrast to price indicated on the chart shown here, the price is now up again, at 915.
Personally, I'll stay long a good portion, not worry about the daily jadda jadda, and let it run it's course.
Let's see what happens, and all the best for your trades.
moontumble
Bitshares BTSBTC - Bigger Cup & HandleJeez I feel like a one-trick pony with all these Cup & Handle ideas lol. I'm just seeing a lot of them lately.
The earlier C&H played out and now there's a larger one that's just in the process of breaking out now.
There are a few ways you could draw this one depending on how you look at it, but I chose to draw the angled one pictured because of how the volume fits. The other versions have basically similar targets but slightly lower, so I made the target bubble a little bigger to accommodate them.
Good luck!
Bitshares BTSBTC - Bullish Divergence. Cup & Handle Forming?There's a pretty nice Hidden Bullish Divergence there - and if that causes it to shoot up we might be looking at a pretty nice Cup & Handle. There's a clear neckline and the volume seems to fit.
There are a couple of resistance lines so I've put the target between them, though the technical target for the Cup & Handle would fall closer to the higher one.
Keep an eye out!
BTS to the MOONThis is just my TA take on BTS. I think we're going to the levels between 2200 and 2800. That's a 300-400% increase in the following two weeks.
Don't believe me? Ask @Intuit. He has a better explanation than anything I could have come up with. His TA is also better but he doesn't have a banana shaped resistance-support though:
Good luck!
Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and google. I will be posting updates as I have been doing in my previous posts. If you earn good profits, please donate some to keep me motivated! You can find more info at my signature.
BTS ready for its move upConsolidation at the bottom took longer than I thought and extended out of the original triangle I drew. The trade is still active, and looks to make a move in the next few hours. Sellers are exhausted at the bottom after 10 hours of failing to breach the original support at 750.
BTS strong formation for long term move upThe price of BTS has been depressed for a very long time. Given the building use case, and the improved functionality and liquidity of openledger, BTS is finally on its rise due to increasing demand for BTS. A local bottom has been located and I've entered this position medium term. 1-2 months should see this rising to USD$0.02 doubling the price. I may stay in this position after the $.02 cross depending on the strength of increased demand.
BTS LONG Dip Buy and medium term holdBTS broke out of its current channel after a week long consolidation and is currently retesting support. Rumor of new "stealth" testnet release in ~1 month soft confirmed on BTS forum. Expecting a steady climb until the release so probably holding for a month.
source: bitsharestalk.org
BitShares breaking out of 2 year long down trend.It seems it's breaking out. We have the capitulation candle before this last increase in price. 2 year long trend, that's a long time in crypto.
Number of filled orders just keeps increasing on the BitShares Decentralized Exchange. Liquidity is everything an exchange needs so even though it has a controversial past, it surely isn't dead. Projects are being built on top of it, liquidity and volume steadily increasing. cryptofresh.com
Platform itself has huge potential, could be a sleeping giant.
worlds fastest blockchain bts getting stealthTechnicals:
ranging value, uptrend started from the bottom, volume shows H for high, rsi/obvrsi breakouts.
Fundamentals:
Just saw how much is cooking for bitshares
stealth coinidol.com
1000 transactions per second with verification (most in crypto), 100k possible in future. bitshares.org
3rd most used blockchain:
BTC: ~250k (www.quandl.com)
STEEM: ~85k
BTS: ~50k (cryptofresh.com)
ETH: ~45K (etherscan.io)
ETC: ~15k (gastracker.io)