Bitsend
Bitsend Long PositionBitsend looks like it may go through another retracement. For the most profitable strategy, I would say a long hold that is at least 3 to 4 month before any sustainable gains. I would also say that it is a medium to high risk investment given its protocol's competition. Bitsend is still at its core 0.14 version and can though make lots of room for improvement where it is a more Conservative investment strategy in the long run. Right now though, they seem to be growing and have some potential after the segwit soft fork completion.
Bitsend (BSD) In A Short Term ChannelBitsend has been bouncing in a channel the past 12 hours. Showing some strength. Great opportunity to trade within it.
MacD and RSI looking good on the 15 min time frame and surprisingly good on the DAILY chart as well so this could very well be a great buy for long term.
Bitsend only has a circulating supply of about 19 mill and is very low priced. Great volatility for huge gains if you trade smart.
All it needs is for some buyers to show up.
Trade Procedure:
Buy now.
First target is top of channel.
If it breaks upper channel potential for huge percentage gains.
Stop loss would be break of lower channel.
Keep in mind MacD and RSI look great on the DAILY so there may be incentive to just hold if you don't want to trade the channel.
Goodluck!
Bitsend short trade quick profit possibleBSD meet-up, master-node news, MACD crossover, waiting on confirming breakout- safe entry at this level, minimal downside, risk-reward decent. Don't get greedy and move stop-loss the moment it breaks
BTS/BTC- BitsendBTS shows that the price is increasing confirmed from the STOCH. I think the only trigger left to see BTS skyrocket is Volume. Buy orders should be 9300-9700. We should cancel all buy orders if price drops below 9000.
