BTS/ETH - watch for a potential set-upIf it cointinues to go into that descending triangle and RSI keeps growing there are 70% chances it will burst at the end. Else, the descending channel it is in favour of a drop below.
BTS
bts :))we can use fib. lines for support and resistance.
Also I will share 1w and 4h charts below of page
BitShares Hardfork Trade AnalysisBTS or Bitshares will be hardforking on the 4th of December 2018. This usually leads to a pump as a result of two new coins being released.
What do the charts say?
Bullish
MACD on the 1D Chart has flashed green for the first time since early June 2018 - the last time this has happened we saw a 70% pump.
The market has twice rejected a fall below $0.04275, indicating whilst there may be a volume gap that needs to be filled here - it is unlikely that it will occur.
A volume gap has to be filled at $0.06 and $0.07 and $0.08
A double bottom at $0.049 indicates we are seeing the start of an uptrend - we are unlikely to go lower than this present level.
It is more than likely that BTS will revisit its previous local area last seen in the middle of November, where it was $0.010 - this indicates a close to 2X move or 87% increase.
Bearish
RSI Stochastic on the 1D has recently crossed-over indicating that despite two new coins being released, a sell-off of both of the coins could see to a large downtrend.
A volume gap has presented itself at 0.04275 - there is a high chance this may be filled.
Nouvive Says: To invest or Trade in BTS at its current levels with a take profit for investors at $0.10 or a take profit for short-term traders at $0.07. A stop loss for both trades should be at $0.04680.
BITSHARES CORRECTION NEARLY COMPLETE!WHAT I SEE.
TIME FRAME: 2+ YEARS
TARGET: 0.0002789 BTC
BIG PICTURE VIEW WITH FIB AND (MOSTLY) COMPLETE ELLIOT WAVE COUNT
I THINK WE HAVE FINALLY REACHED THE END OF THIS CORRECTION. LIKELY TO COINCIDE WITH THE BTC CORRECTION, SO IT WILL BE DEPENDENT ON THAT.
REVERSAL LIKELY TO OCCUR AT TIME OF BTC REVERSAL, OR SLIGHTLY AHEAD OF IT.
BE ON THE LOOK OUT FOR THE TARGETED ZONE OF ENTRY (GREEN BOX) HIGHLIGHTED HERE
END IS NEAR, AND START HAS TO COME :)
THIS IS A FOLLOW UP TO PREVIOUS (AND WRONG HYPOTHESIS)
SATOSHI LEVELS TO VARY RELATIVE TO THE BINANCE CHART (BELOW)
CLOSE UP
There is a trading opportunity to buy in BTSETHTechnical analysis:
. BITSHARES/ETHEREUM is in a downtrend 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 40.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
. The RSI downtrend is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000380 to 0.000332). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000380)
Ending of entry zone (0.000332)
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= @ 0.000442
TP2= @ 0.000467
TP3= @ 0.000507
TP4= @ 0.000556
TP5= @ 0.000664
TP6= @ 0.000809
TP7= @ 0.000994
TP8= Free
There is a trading opportunity to buy in BTSETHTechnical analysis:
. BITSHARES/ETHEREUM is in a downtrend 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 40.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
. The RSI downtrend is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000380 to 0.000332). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000380)
Ending of entry zone (0.000332)
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= @ 0.000442
TP2= @ 0.000467
TP3= @ 0.000507
TP4= @ 0.000556
TP5= @ 0.000664
TP6= @ 0.000809
TP7= @ 0.000994
TP8= Free
Stan Larimer on Behalf of the Larimer Family HOSPITALIZED
"While in the midst of his recent travels, Stan has suffered from a medical issue that has resulted in him being hospitalized. Further complications occurred, and he was transferred to a nearby facility"
"While in the midst of his recent travels, Stan has suffered from a medical issue that has resulted in him being hospitalized. Further complications occurred, and he was transferred to a nearby facility"
Get well soon sir.
Stan Larimer in Critial Care, Hospitalized "While in the midst of his recent travels, Stan has suffered from a medical issue that has resulted in him being hospitalized. Further complications occurred, and he was transferred to a nearby facility that could address his condition appropriately."
"At this time, Stan is in critical care"
I belive it to be a stroke
Get better Stan.
Now this is going to be interesting - This thing needs buyersThe Rsi is so low, that it it might be "worth zero".
I mean, there should be a bounce right here.
And this is this bounce we need to study to take a market temperature : how powerful or weak is it going to be?
The problem with such a recent Bitcoin move, is that it is not inconsequential.
There is basically a free drop zone from here to the green supports.
So if Btc doesn't start to bounce from here, we can expect some brutal downside.
We could have formed a capitulation, but this is gambling, and i honnestly have no proof of a capitulation right now, this is way too early.
If you want to follow crypto charlatans and market gamblers giving random insane targets, i can PM you plenty of twitter profiles no worries.
We have now to stop fooling around with knives catching, and search for a buy opportunity playing with the moving averages that will soon or later talk to us about this coin.
Going long here is risky, but feel free to gamble if your treasury allows you to do so, as it should bounce here with such a low Rsi and such a sharp drop we witnessed.
Always remember, the moving averages, the moving averages, the moving averages.
Classical charting from school is telling us that the breakdown of the descending triangle is giving a target of 3.000$.
"Will it reach it" is a big unknown.
The green rectangles are not targets, they are possible supports if some serious panic sell continues, which is a possibility.
But we should have a bounce here, why not to retest the 6k resistance.
Wait and see.
Decision time for BTSThe trend will go on or breakout?
Decision time for BTS but I can say current level is good support level
[BTSBTC] BitShares Complete Ride [350% PP]Here I will be sharing with you a trade for BitShares (BTSBTC) before the action.
After the 12th September bounce, BTSBTC has completed its retrace and it is getting ready to move again. We can profit easily here but we have to wait, after we buy in... Patience is key.
- The yellow square on the chart represents where BTSBTC found support, we are ranging around those same levels again. After this level was hit back in 2017, BitShares went on a bull run.
- BitShares already bounced from this support back in mid-September. After a wave up a retrace has been completed and BTSBTC is now accumulating before the next run.
- Get in if you would like to trade this coin.
BitShares (BTSBTC) Trade by Alan Masters
Buy in: 0.0000148 - 0.0000153
Targets for BitShares (BTSBTC) by Alan Masters:
(1) 0.0000165
(2) 0.0000183
(3) 0.0000208
(4) 0.0000221
Stop loss: Close weekly candle below 0.0000141.
Capital allocation: <5%.
ATTRACT WEALTH & MONEY
Here is a quick affirmation to attract wealth and money.
"I accept wealth, prosperity and abundance in my life, all of the time."
Namaste.
Warning: squeeze ahead!Not too much info needed here: we're heading towards a squeeze that will decide about three key resistance levels:
- on the shorter timeframe we have .887 retracement at around 1497 sats
- on the longer timeframe we have .887 retracement at around 1485 sats
- and of course, we have 100% retracement at around 1432
These are the levels to watch in the next few days. If we fall through 1485 the drop down might be significant so be alert. As was to be expected, this is all very closely related to what is happening with BTC, so a close eye on BTCUSD is required as well.
I will be monitoring the price action closely, but as I've been saying for a while now, since volume is so low, and with everybody just playing the waiting game and waiting for others to make a big move, I'm betting on a short position.
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 39.
. While the RSI downtrend 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 (0.00001510 to 0.00001290). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001510)
Ending of entry zone (0.00001290)
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= @ 0.00001930
TP2= @ 0.00002130
TP3= @ 0.00002400
TP4= @ 0.00002750
TP5= @ 0.00003050
TP6= @ 0.00004115
TP7= @ 0.00004870
TP8= @ 0.00005830
TP9= @ 0.0000710
TP10= 0.0001020
TP11= 0.00014140
TP12= Free
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 39.
. While the RSI downtrend 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 (0.00001510 to 0.00001290). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001510)
Ending of entry zone (0.00001290)
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= @ 0.00001930
TP2= @ 0.00002130
TP3= @ 0.00002400
TP4= @ 0.00002750
TP5= @ 0.00003050
TP6= @ 0.00004115
TP7= @ 0.00004870
TP8= @ 0.00005830
TP9= @ 0.0000710
TP10= 0.0001020
TP11= 0.00014140
TP12= Free