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Bitshares

A new trading opportunity to buy in BTSUSDTechnical analysis: . BITSHARES/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 27. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.1210 to 0.0438). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.1210) Ending of entry zone (0.0438) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.1855 TP2= @ 0.2379 TP3= @ 0.3170 TP4= @ 0.4536 TP5= @ 0.5638 TP6= @ 0.6736 TP7= @ 0.9800 TP8= Free
POLONIEX:BTSUSDLong
by ForecastCity
7
There is a possibility for the beginning of an uptrend in BTSBTCTechnical analysis: . BITSHARES/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 42. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00002134 to 0.00001560). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00002134) Ending of entry zone (0.00001560) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0000260 TP2= @ 0.0000309 TP3= @ 0.0000411 TP4= @ 0.0000470 TP5= @ 0.0000590 TP6= @ 0.0000710 TP7= @ 0.0001020 TP8= @ 0.0001760 TP9= Free
Long
by ForecastCity
There is a possibility for the beginning of an uptrend in BTSBTCTechnical analysis: . BITSHARES/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 42. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00002134 to 0.00001560). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00002134) Ending of entry zone (0.00001560) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0000260 TP2= @ 0.0000309 TP3= @ 0.0000411 TP4= @ 0.0000470 TP5= @ 0.0000590 TP6= @ 0.0000710 TP7= @ 0.0001020 TP8= @ 0.0001760 TP9= Free
Long
by ForecastCity
11
$Bitshares UpdateWelcome Back! Bitcoin is pumping, what's wrong with the alts?? We are coming to the terminal end of Bitshares correction, that once finished, will yield solid rewards. I expect Bitcoin to retrace back onto trending support which will cause the alts to do the same. Don't get to excited just yet! With all of this fear in the market any signs of Bitcoin going back up will bleed the alts because of people selling their positions to FOMO into BTC. Taking a look at the daily we can see Bitshares has been accumulating in this triangle pattern for the last 7 months. Price is slowly but surely working its way to the end of the triangle, but we need one more retest back onto support of the 100 week MA. Once price gets a retest i expect this to give enough momentum back into the market needed for the break of descending resistance. Will keep updated as price matures. God Bless, Vajolleratzii
by UnknownUnicorn846565
Bitshares on sale today!There's a lesson to be learned every day! For me the lesson is: always "cost average" into a position. I was too lazy to ladder in, so I bought at the .618 retracement, and unfortunately we dipped deeper. Putting it more correctly: unfortunately for me, because for those who didn't buy Bitshares is on sale today! We've briefly dipped below the long-term support trendline, most likely to go to the .886 retracement. Given the low low low RSI's we're seeing on multiple timeframes today. I think you need to be blind not to scale into BTSBTC at the moment so if you ask me: start accumulating, and set your stop loss right at the 100% retracement, then move up the stop loss as soon as price goes up for a free trade.
Long
by thomasvandenabeele
BitShares Beating BitcoinOn the 24th of June, BitShares found the bottom at 1980 satoshis, where it has rejected cleanly 78.6% Fibonacci retrenchment level. Then price went up and broke above the 50 Moving Average and the descending channel, reaching 2800 satoshis high. On a corrective wave down, BTS/BTC retraced down to 2500 satoshis area, where it rejected the 61.8% Fibs level, along with the 50 Moving Average and the descending channel, all at the same time. Price continues to produce higher highs and higher lows, and considering all this price action, the uptrend is very likely to continue. Strong resistance is seen at 23.6% Fibs, that is 3630 satoshis level, which corresponds to the 4/1 Gann Fan trendline. Break above this resistance could be confirmation of the long term uptrend continuation, which might result in BTS aiming for the new all-time high.  At the same time, it is important to watch 2400 satoshis support area, because break and close below would invalidate the uptrend and the range trading or even a strong move down could take place.
Long
by CryptoPAMM
$BTS Cup & Handle - Sell target around the ATHENGLISH : If we see a clear reversal on the cryptomarket (i.e. BTC price action goes bullish), we'll most likely see this idea getting confirmed. The entire pattern is there, the handle is a bullish falling wedge. The sell target, depending of when it breaks out from the wedge, will probably be around the ATH, as shown by the projection. OBV indicator is showing accumulation (descending price and ascending/horizontal OBV). PORTUGUÊS : Se acontecer uma reversão de tendência no mercado (ou seja, caso o preço do BTC entre em alta), nós muito provavelmente teremos a confirmação dessa ideia. O padrão inteiro está aí, a alça é uma falling wedge de alta. O alvo para venda, dependendo de quando o preço romper a wedge, provavelmente será em torno da ATH, como mostrado pela projeção. O OBV está mostrando acumulação (preço descendente e OBV ascendente/horizontal).
BLong
by MatheusFranco
2
There is a trading opportunity to buy in BTSBTC Technical analysis: . BITSHARES/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 59. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased. Trading suggestion: . The price is in a range bound and we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support zone (0.0000195 to 0.0000129). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0000195) Ending of entry zone (0.0000129) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0000260 TP2= @ 0.0000316 TP3= @ 0.0000470 TP4= @ 0.0000590 TP5= @ 0.0000710 TP6= @ 0.0001020 TP7= @ 0.0001760 TP8= Free
Long
by ForecastCity
There is a trading opportunity to buy in BTSBTC Technical analysis: . BITSHARES/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 59. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased. Trading suggestion: . The price is in a range bound and we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support zone (0.0000195 to 0.0000129). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0000195) Ending of entry zone (0.0000129) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0000260 TP2= @ 0.0000316 TP3= @ 0.0000470 TP4= @ 0.0000590 TP5= @ 0.0000710 TP6= @ 0.0001020 TP7= @ 0.0001760 TP8= Free
Long
by ForecastCity