BTSUSD ,TP1 hit with 60120941 profit. New Buy Opportunity...BITSHARES/DOLLAR
New trading suggestion:
* The price is in a range bound, but we forecast the uptrend would begin.
*There is still possibility of temporary retracement to suggested support line (0.2005) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "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 special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 7 BUY trade(s) @ 0.17904856(day close price) based on reversal candle (Valley) at 04.12.2018 .
Total Profit: 60120941
Closed trade(s): 6750011 Profit
Open trade(s): 53370930 Profit
Closed Profit:
TP1 @ 0.2005 touched at 04.12.2018 with 6750011 Profit.
Open Profit:
Profit for one trade is 0.26800011(current price) - 0.17904856(open price) = 8895155
6 trade(s) still open, therefore total profit for open trade(s) is 8895155 x 6 = 53370930
All SLs moved to Break-even point.
Take Profits:
TP2= @ 0.3170
TP3= @ 0.4536
TP4= @ 0.5638
TP5= @ 0.6736
TP6= @ 0.9800
TP7=Free
Technical analysis:
BitShares/Dollar is in a range bound and Beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 72.
Bitshares
Bitshares growing positive on BTC !Bitshares is growing positive on Bitcoin as we can see on this chart .
We are looking at 1-day candlesticks.
We are entering a previous support/resistance area for the moment so we are watching it closely for the next couple of days.
We might see it retest our descending resistance, but a buy-in at the first BLUE line would be a nice spot.
Second blue line should be a nice nice spot to sell some of our position in this trade.
Third blue line the rest of our position.
If you are a true believer of the bitshares project you can stay in for a longer time ...
Profitable regards,
P.
BitShares Double Bottom FormationIt seems that BitShares has found the support, while forming a double bottom at $0.118. The following wave up resulted in a break above the downtrend trendline as well as 50 Moving Average.
There are to resistance levels to watch, first minor resistance is at $0.17, where the downtrend trendline was previously rejected. Second major resistance is at $38.2% Fibonacci retracement level. This should be the key price to provide further clues on the price development. Break above that resistanace could start a long term uptrend, while rejection should result in more consolidation.
On a downside, break and close below the $0.11 support should invalidate short term bullish outlook and send price slightly lower or just extend the consolidation.
Bitshares Moving Up StronglyBINANCE:BTSUSD
Bitshares has been moving up strongly over the past 4 weeks, from $0.10 USD to $0.22 USD, but still far away from the all-time high level $1.03 USD. A level which I expect we will surpass this year, perhaps this semester.
We had a MACD positive divergence signal for a few months, which means MACD moving up while price was moving down, which was an early indication that price was about to change. And now we are in full MACD buy signal as the MACD indicator has surpass the cero level. We also have gone above the 20 and 50 day moving average, but we are still struggling with the 200-day moving average resistance, for now.
Looking at the chart it seems pretty obvious that we have bottom on this one, and from here to $1.00 USD there is about a 400% return to be made. I’ll give it a few months for that target to be achieved.
Good Luck in your Decisions
BTSBTC - Potential Bullish MovesAfter having a sizeable ABC correction after 5 very bullish waves up, I believe BTSBTC is looking good here.
Falling Wedge, Fibonacci, Bullish Pennant - After finding a bottom at the 0.88 fib level, BTS had a month long sideways movement out of the falling wedge and eventually have a small pump in early April to then consolidate and form a pennant, with a volume profile to match.
Daily Chaikin - After spending time underwater, the Chaikin Money Flow is now nearing the 0 line, showing increasing buy pressure.
4H RSI, 200MA - The 4H RSI is showing some hidden bullish divergence on this pennant. The flagpole shows a large spike in volume after breaking the 4H 200MA, overall BTS is looking good for now.
BTSBTC - 1h chart analysisTake some profits, but dont sell everything, looking bullish overall
look for reentry points with the portions sold.
Always do good portfolio management.
Buy BTSSignal for BINANCE:BTSBTC
To trade I place 3 orders. If the order wasn’t executed, I remove it at the end of the week and see if there are other opportunities for same pair. If order was triggered I keep it till the SL or TP. Order could be modified as well depends on the market, if so I will update the trade with the comments.
1. 1% Order @ 0.00001835
SL: 0.00001764 (-3.8%)
TP: 0.00001904 (3.7%)
2. 1.5% Order @ 0.00001764
SL: 0.00001651 (-6.4%)
TP: 0.00001835 (4%)
3. 2% Order @ 0.00001722
SL: 0.00001651 (-4.1%)
TP: 0.00001835 (6.5%)
To place take profit (TP), stop loss (SL) and Trailing I use 3commas services. Register and get 10$ on your trading account.
BTSBTC Short term target idea.#BTSBTC is one of the best project in crypto world. Correction is almost done. Bullish divergence can be spotted in RSI and MACD, MACD is slowly curving up which confirms reversed trend. Target marked. If BTC consolidates BTS may jump high. #NotaFinancialAdvice
BITSHARES : DOWNTREND BROKEN / INDICATORS POINTING UPThe following indicators are on the weekly base and therefore we can expect the price of BTS/BTC to go up continuesly for the next WEEKS
-StochRSI just crossed.
-MACD still under 0, plenty room to grow.
-RSI under 50, plenty of room to grow up to 70.
The marketcap is just 355 mln USD, it is traded on Binance and Poloniex. Binance is the biggest exchange, Poloniex allows Margin Trading.
Most important:
THE DOWNTREND WAS JUST BROKEN!
Additional to that we are in a phase were people are still afraid of losing money to exchanges, the exchanges being closed/hacked or that regulations will set in.
Decentralized exchanges make sure this all does not happen. BITSHARES is the most advanced decentralized exchange and will benifit from this. People will realize that very soon.
More buying arguments:
medium.com
Everything points upwards, I expect a huuge pump the next weeks, up to 2 bln USD marketcap!
It is very cheap now at 2.000 Satoshi, it was at 15.000 Satoshi already and it hat the possibility to reach that again, even climbing higher.
Exciting time guys!
BTSBTC and BTSUSD price analysis and predictionexpecting much of the same as previous chart
only NOW I have extended the time frame to account for the sideways action.
who knows maybe my previous chart was still on track, but i think everything is goin to keep moving sideways until we see if bitcoin can recover from so much RED.
Bitshares BTSBTC LongCurrently bitshares touched strong support, from there, is increasing gradually the price, volume increasing, completed ABC, RSI is showing a positive divergence too. $BTS is preparing for launching so hard.
$Bitshares Moon CycleBitshares has been down trending in this falling wedge for the last couple months and we are finally nearing the bottom.
Price is starting to land on the trend line which will give it some support for the coming breakout of the falling wedge.
Here are my three targets that i will be selling at once price goes parabolic!
This coin is one of my personal holds and I see very bullish continuation to follow.
Don't miss out on the hype train, this ones nearing launch :)