God lines #2 BTS - ALT breakoutI have not seen this kind of price action and volumes since the rain man days of late 2013. Full breakouts and so many of them after nearly a year+ of consolidation and accumulation. This is a huge event and I hope to take advantage of it. Best of luck friends
Polo Margin BTS - Just one of the few winners on Polo right now. This one seems unique because it is near its accumulation lows and its showing very bullish PA in lower TF so this could be near the bottom of a pretty nice pump
SL 300
TP 1 1400
With velocity can go to its prior range of 2k within a few months (assuming that Bitcoin price action will not affect alt market negatively)
Bitshares
BitShares (BTS): Decentralized exchange looks bullishHi guys, I was reading about this dev and It seems to be a great stuff, It consists of a decentralized exchange plus a lot of dapps. In past days BitShares announced the "PeerPlays Drops", which is part of a vast developing which includes Openledger, BlockPay, etc.....
When BitShares releasing, the price started bottom up, which is not common in alts, as the most of them start in higher prices. So this means BitShares would probably have to make an important retracement phase to settle and accumulate, so that happened. It is for that reason BitShares didn't look like other alts.
In a day timeframe we have a H&S and at the time a descending wedge, this means it is very probable the commencement of a long-term bullish rally.
Let's see what happens in the next weeks.
These are my past publications:
BTSBTC: Key decision time and price zoneBitshares has traced a 10 bar 3 day chart uptrend, which culminated with an explosive rally that blasted past the target ahead of time, and ran into low volume resistance, which made the rally close right there, and in the next two bars fall back down.
Right now, by April 3rd, the uptrend time will ran out, which implies a breakdown back to the accumulation base, if the 0.00001373 level doesn't hold for 2 more bars, forming on close a new mode here, which could serve as an uptrend continuation signal, and more reasons to hold and even add to longs, or enter fresh positions if you're not in the trade.
Take heed of the different levels on chart, and watch it closely, I'll update the chart when we get a long entry.
Cheers,
Ivan Labrie.
PS: Check my profile if interested in learning more about this analysis methodology.