BTSBTC
Bitshares BTSBTC - Cup & Handle Breakout?Looks like another potential Cup & Handle.
The yellow one doesn't really have a neckline point on the left side so I'm not sure how valid it is - otherwise it looks pretty good. Breakout may be happening now.
If you draw it with the neckline at the previous peak (purple), we've already broken above the neckline and the target is similar.
My for either one is going to be in the 1300 range.
Good luck!
Bitshares BTSBTC - Watch for Cup & HandleBitshares is starting to look more promising.
It's on the low end of its price history right now, making progress, gaining more interest, and has just formed a bowl with appropriate volume - I can see a lot of upside here long-term if it continues to be bullish.
Watch for a handle!
BTS to the moon? The past few hours in 2hr chart there is a support level around 860-900 and keeps bullishing!
Maybe is the last call above the 0.000001?
i think that the risk for a long is has more potential profitable than from the short-term because of the altcoins marketcap is keep growing each day 150m so maybe we wil not return back at the lows never again.
Buy: 900 TP: in a few weeks :)
Just an opinion..
Thanks
Bitshares BTSBTC - Bigger Cup & HandleJeez I feel like a one-trick pony with all these Cup & Handle ideas lol. I'm just seeing a lot of them lately.
The earlier C&H played out and now there's a larger one that's just in the process of breaking out now.
There are a few ways you could draw this one depending on how you look at it, but I chose to draw the angled one pictured because of how the volume fits. The other versions have basically similar targets but slightly lower, so I made the target bubble a little bigger to accommodate them.
Good luck!
Bitshares BTSBTC - Bullish Divergence. Cup & Handle Forming?There's a pretty nice Hidden Bullish Divergence there - and if that causes it to shoot up we might be looking at a pretty nice Cup & Handle. There's a clear neckline and the volume seems to fit.
There are a couple of resistance lines so I've put the target between them, though the technical target for the Cup & Handle would fall closer to the higher one.
Keep an eye out!
BTS to the MOONThis is just my TA take on BTS. I think we're going to the levels between 2200 and 2800. That's a 300-400% increase in the following two weeks.
Don't believe me? Ask @Intuit. He has a better explanation than anything I could have come up with. His TA is also better but he doesn't have a banana shaped resistance-support though:
Good luck!
Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and google. I will be posting updates as I have been doing in my previous posts. If you earn good profits, please donate some to keep me motivated! You can find more info at my signature.
BitShares breaking out of 2 year long down trend.It seems it's breaking out. We have the capitulation candle before this last increase in price. 2 year long trend, that's a long time in crypto.
Number of filled orders just keeps increasing on the BitShares Decentralized Exchange. Liquidity is everything an exchange needs so even though it has a controversial past, it surely isn't dead. Projects are being built on top of it, liquidity and volume steadily increasing. cryptofresh.com
Platform itself has huge potential, could be a sleeping giant.
worlds fastest blockchain bts getting stealthTechnicals:
ranging value, uptrend started from the bottom, volume shows H for high, rsi/obvrsi breakouts.
Fundamentals:
Just saw how much is cooking for bitshares
stealth coinidol.com
1000 transactions per second with verification (most in crypto), 100k possible in future. bitshares.org
3rd most used blockchain:
BTC: ~250k (www.quandl.com)
STEEM: ~85k
BTS: ~50k (cryptofresh.com)
ETH: ~45K (etherscan.io)
ETC: ~15k (gastracker.io)
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.
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