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BTSBTC

BTC Is About To Face The Boss Resistance Prior To Halving Bitcoin halving is right around the corner and will occur approximately in 15 days on 12 May 2020. Last halvings resulted BTC going parabolic; however, it occurred during the overall bull market. Clearly, this halving event is different and the BTC price is the lowest its been prior to the halving. But is it a bad thing or BTC is actually perfectly on track? Let's see... Where is BTC now? - Clearly, the BTC is still in the uptrend ever since its capitulation on the March 12; - BTC is up already 100% from its recent crash! - BTC has broken down-sloping trend line (red line) and established itself way above it; - 50 EMA (black line) is now acting, as a support; - BTC has broken out from the ascending tingle (blue) with a target around 10k; Why 7900-800 is the boss resistance? - From this level BTC capitulation has started; - At this level BTC will face 200 EMA (yellow line); - 61.8% fib level is also at 7900; - At approximately this level BTC will face an upper trend resistance coming up all the way from 2019 lows (purple dotted line); Will it be broken prior to the halving? The chances are very high, as we still have approximately 2 weeks before the halving. So far ADX, which measures a momentum of a trend, has been over-exhausted after BTC major bounce to 7k area a week after its crash. ADX was declining ever since March 26 but final has shown some singes of life; however, is still at a very low level below 25. Facing such a strong resistance will require a lot more momentum in order to brake it and we will need to see ADX at least in 25-30 area. The other thing is that most of the whales has already bought, so the volume was on the decline, as well. Conclusion. The price is still bellow 7900-8000 area, which represents the point where BTC was before The Black Thursday had occurred. BUT! BTC is already 100% up and if breaks and closes above 7900-8000 area before the halving, we may see a lot more upside going into the summer because in order to brake this level BTC has to show some real strength!
BITSTAMP:BTCUSDLong
by Vasco_Woodz
1
BTS/USDT TA Update (bullish breakout?)BTS/USDT BTS finally changed the 4H trend after breaking the trend-line resistance and making its 1st Higher High. We can see a bullish MA cross and the RSI trading above 50 condition level. If a pullback is going to happen, the area between 0.01600-0.01440 must be defended to keep the strong bullish momentum otherwise an equilibrium play is going to play-out which will take a longer trading action. No red flag today, market bias is to the upside.
BLong
by PolarHusk
BTSBTC | Elliott impulse waves and Fibonacci retracement basisPrice action followed ABC correction wave until full consolidation and bounce from Fib 1 support level. Middle-term timeframe analysis reveals a start of 5 Elliott impulse growth waves. Such early entry provides a great opportunity to earn profit throughout the rest two ascending movement The forecast is enhance with continuous Fibonacci retracement levels tests which also provide us a basis to increase accuracy of expected price levels at each stage of Elliott waves Automatic signal is shared in the premium channel and applied through Binance API
BLong
by Skyrexio
BitShares Is Only Getting Started | Targets Capped At 1870%+BitShares (BTSBTC) is printing massive bullish action and is only getting started. Looking at the daily chart, we can see BTSBTC breaking above EMA100, MA200, and EMA200 in just two days... EMA200 (brown) is being challenged today. Chart: With the highest volume since March 2019, this week will signal the start of a change of trend for BTSBTC. The main chart above is the weekly timeframe, notice how the RSI is now above 50 and the MACD is still on the lows, showing plenty of room left for growth. A clear break of EMA10 and this one is ready to fly. You can find all the targets marked on the chart. This is not financial advice. Remember to hit LIKE! Namaste.
BLong
by AlanSantana
8
Today`s ALT!!! BTSBTCBINANCE:BTSBTC Exchange : Binance Coin: BTSBTC Buy Zone: 0.000003~0.0000029 Target Point: 0.00000313/ 0.0000032/ 0.0000033/ 0.0000034/ 0.0000035/ 0.0000036 S/L: 0.00000285 Risk: HIGH Term: Long You should be careful in buying BTSBTC because of Bitcoin If you are Risktaker you`ll like it It rebounded twice at Blue Line We can expect to support at Blue Line Now, there is a Hidden Bullish Divergence It`s time to be pumping !!! ===================================================================== Today`s ALT is that information is raised regardless of the Coin market situation So sometimes there`s a high risk trading Investment is your responsibility. I'm just providing about coin`s information =====================================================================
BLong
by timbearr
BITSHARES Technical Analysis - BTSUSD - 850% Profit Expected...BITSHARES Technical Analysis - BTSUSD - 140%-850% Profit Expected Big Trade Coming For Bitshares ... 8x - 9x Gains Expected. Based on AB=CD pattern, Time Ratio & Gann Analysis, It's a potential long position with great returns :) In a lower time-frame (4hrs) this long position has also been confirmed. For Bigger Time-Frame Target Profit Range - 0.036 - 0.114 (140%-850% Profit Expected) TP - 1 - 0.036 TP - 2 - 0.053 TP - 3 - 0.079 TP - 4 - 0.066 TP - 5 - 0.095 TP - 6 - 0.114 Buying Zone! Long Position Early Entry Trigger Point - 0.013 - 0.015 Ideal Entry Trigger Point - 0.010 - 0.012 ***If you want to get in this trade from this point 0.026 you can still make 38.5% profit till TP1 is reached. There is a very high probability that price may continue to move upwards before it moves downwards towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly. Short-term Trade- 1hr- chart I see a possible move going upwards and may hit 0.035 or it can even touch 0.04 mark that's why I have mentioned the points in a chart for a short-term long position too. As it's a short term risky trade, it is highly recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly. Good Luck.! Disclaimer - This is not financial advice. This is my personal view and analysis of this chart. If you follow this idea please plan your trade according to your lot size and account equity. Don't forget to like, comment & follow, If you agree with my analysis :)
POLONIEX:BTSUSDLong
by Jaffery
3
Over 30:1 Reward/Risk Is Worth A Shot...Trading some cryptocurrency pairs over the long holiday weekend to get my fix, what can I say... Anyway, I like this pair right now, trading on Poloniex. It's receiving around the 5th most volume in the BTC trading pairs, and looks technically interesting atm. Weekly chart posted below to get a look at that overhead downtrend resistance line, because price is at a critical point tapping on that resistance. Also seeing a nice bullish RSI divergence both weekly and daily. If it were to break through, say to .0000036, that could signal the end of the 5th wave down and the beginning of the A-B-C corrective retrace. If so, first and second targets are shown on the chart, representing 100% and 200% gains, respectively. For the risk/reward ratio to work stop loss should be set just below previous posted lows, so set at .00000319. As I have said before I am an owner of BTC, a believer in it and a few altcoins, and an absolute stalwart believer in the power of blockchain to be a disruptive and then market standard tech. Hope everyone is having a good holiday weekend! Happy hunting and GLTA!!
Long
by UnknownUnicorn1314136
1
It's time to Bit(Share) the joy. BTS/BTC 1000%+ potential gainThis is going to be little bit of a different trade and will incorporate the same idea on my recent long time frame NANO trade I placed. As you might've noticed, I've been sharing trades that in general have a very short time frame of selling. Get in, take the profit 5-20% and get out. We did this on BAT/BTC twice, ARK/BTC, VTC/BTC (This trade is still active) and NANO/BTC (Trade also still active). This trade will be different. We will accumulate from 400 sats all the way to 150 sats if the price keeps falling. BTS has shown a very large correction and is one of the older cryptocurrencies. Short term, it looks okay, but we are not here for the short term. We are projecting the price movement of this coin in the next 3-4 months. The targets are drawn on the charts. I believe this coin can easily go 1000% if not more according to my chart. Weekly RSI is looking extremely oversold and we are on one of the last support lines for BTS and very close to its all time low price in terms of BTC. Considering that this is a longer time frame trade. We need to be patient with the price movements and take profits all the way up. We will not bother ourselves with 10% price movements for this trade.
Long
by bizi
1