BTSBTC
BTS/BTC Bitshares long ideaBTS/BTC long idea is based off the previous patterns i've been seeing with coins mooning recently. They are in what looks like a cup n handle, finding support on the 50 MA and bottom most Fib line depending on which way you draw your fibs.
Watch BTC as any big moves to the downside will disrupt this chart!!!!
Set stop losses near your entry or trail it and TAKE profits near the targets I made red on the side.
BTS new 218% potentialBTS had a 50% retracement and jumped from 6h,12h,1d 200 EMA.
Stoch RSI seems to reverse and MACD looks nice on daily
It seems to be on wave 1 from a new market cycle.
Altough it had a jump from 200 EMA, it may come a little bit down and test the 6h 200 EMA as it looks a little overbought on 6h and 12h, and after that it may start the ascending path as it's oversold on daily.
Looking to sell at key fib prices that also had some sideways or support/resistance in the past.
Targets sent in Telegram Channel.
BitShares- Driving Like The Fast And The Furious or Mr... Magoo?
BUY ZONE #1 = .00003075 - .00003110
BUY ZONE #2 = .00003219 - .00003264
TARGET #1 = .00003200 - .00003238
TARGET #2 = .00003310 - .00003346
TARGET #3 = .00003468 - .00003504
STOP-LOSS = .00002960
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only. it should not be considered financial advice***
Buy BTSBTCBTSBTC ran up in end-April, post which it has completed a pullback. It has taken a strong support close to 0.000027 levels and is currently turning up. It has crossed above the 20-day EMA, which shows that buyers are willing to pay a higher price to own the cryptocurrency.
It increases the probability of a move back to the highs, close to 0.000044 levels.
Hence, a long position can be taken at the current levels of 0.00003197 with a stop below 0.0000269 levels. Profits can be booked close to 0.000042 levels.
BTS/BTC LONG see Cup and Handle .
buy zone : 0.0000295sat .
sell 1st : 0.0000450sat .
sell 2st : 0.0000550sat .
sell 3st : 0.0000600sat .
CUP AND HANDLE (TAZA DE TE) EN BITSHARES-ACTUALIZACIÓN DE MI ANTERIOR ANÁLISIS DE BITSHARES.
SE NOTA UNA FORMACIÓN DEL PATRÓN CUP AND HANDLE O TAZITA DE TE.
ESTO SE AÑADE A LA INFORMACIÓN O LA GRÁFICA MOSTRADA ANTERIORMENTE EN MI ANÁLISIS.
EL PRECIO PARECE TENER POCA FUERZA COMO PARA COMENZAR UN REVOTE AL ALZA EN ESTOS MOMENTOS , ASI QUE LO POSIBLE ES QUE LO VEAMOS BAJANDO UN POCO MÁS.
BTS bounce. the waves labeled is a chart for reference, using the initial high of last years June price as greater Wave 1, the correction that ensued thus far as wave 2, and where we are is the beginning of wave 3 of 3.
not sure of time table, but the price projection is using a minimum of 1.1618 times the length of wave 1 to calculate the minimum price movement we could expect for wave 3.
and then using the height of wave 1, to be in a 1:1 correlation of wave 5.
gooooo bitshares
bts swingerI am shorting till 2255 possibly down to 1988 depending on how things look. Then it is time for a long trend. As you can see with the history of this coin it always goes back down after a peak. I do not understand why so many others think that all of a sudden it is going to the moon and break the down trend triangle. If it decides to form a second peak then it may start its uptrend at 275 area back to 3200 area in which it will complete its final collapse. Will be keeping an eye on that. This is not financial advice but my opinion. Any comments are welcome. Happy swing trading.
BTSBTC and CDTBTC how similar the charts are One of our analysts found that BTS and CDT charts are very very similar and correlate with BTC in the same way. Look how close the candles are. Even the double bottom was formed at the same moment. When we find reasons of this situation and define leader and lagged coin we will make a time-series regression with specific lag period and hence will provide you with a great arbitrage opportunity. Stay tuned new updates coming soon
BitShares , A great opportunity to buy in BTSBTC. Catch it!!Technical analysis:
BITSHARES/BITCOIN is in a range bound and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance. as long as bullish exit in daily chart or daily RSI is not occurred, The uptrend will not begin.
The RSI is at 29.
Trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*Price is in the Buy Zone (0.000018 to 0.000007), we would set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000018)
Ending of entry zone (0.000007)
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 "Trough" , 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:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 0.000029
TP2= @ 0.000047
TP3= @ 0.000059
TP4= @ 0.000071
TP5= @ 0.000102
TP6= @ 0.000176
TP7= Free
A second chance to buy in BTSBTC , Don't miss it.BitShares/Bitcoin
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
*There is still possibility of temporary retracement to suggested support line(0.0000275), if so, traders can set orders based on Price Action and expect to reach short-term targets.
*If the support line at (0.0000275) is broken, the forecast (Continuation of uptrend) will be invalid.
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 special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 7 BUY trade(s) @ 0.00001790(day close price) based on the reversal candle (Bullish Engulfing) at 03.29.2018.
Total Profit: 9900
Closed trade(s): 1110 Profit
Open trade(s): 8790 Profit
Closed Profit:
TP1 @ 0.000029 touched at 04.19.2018 with 1110 Profit.
Open Profit:
Profit for one trade is 0.00003255(current price) - 0.00001790(open price) = 1465
6 trade(s) still open, therefore total profit for open trade(s) is 1465 x 6 = 8790
All SLs moved to Break-even point.
Take Profits:
TP2= @ 0.000047
TP3= @ 0.000059
TP4= @ 0.000071
TP5= @ 0.000102
TP6= @ 0.000176
TP7= Free
Technical analysis:
BitShares/Bitcoin is in an up trend and continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 51.
BTS, good for one more spike?One of my favorite underrated coins/projects... Bitshares has been strong since April, nearly tripling in BTC price. Hidden bullish divergence is strong on the 1H chart as price consolidates in a symmetrical triangle, suggesting continuation of upwards trend despite the long term chart showing completion of impulse waves. This is a high risk short term trade with a high potential reward. Breakdown of triangle would potentially lead to a longer term correction before ultimate continuation of price rise.
Go, go Bitshares! This is a update of my other analysis of BTS. Well... BTS is about to break our great resistance. The indicators demonstrate that there may be (or not) a minor correction, before overcoming the green patern of resistance. After breaking the green patern of resistance, BTS should fetch some targets as I pointed out on the chart. Above the dashed line, if you can overtake, the target is free. See ya ;)