BTSBuy Price: Yellow Line
TP: Green Lines
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
Thanks for visiting.
BTSBTC
We reached good rebound area BTS. September 19Bottom was formed. More likely we will see good upward move. All indicates that BTS is ready to test previous highs.
BTS/BTC + XMR/BTC Long SetupBTS: Bull flag break out.
XMR: Successful S/R flip retest in highlighted box.
BTS/BTC + LTC/BTC = SHORTLeft: appears to be a double top forming
Right: local diamond top pattern + bearish triangle / or bullish diamond half-staff (needs to break through resistance for confirmation)
no trades yet, needs to start rolling over first for proof
BTS Long. Chart is simple and legit.My first chart of BTS has been hidden because I don't know the full rules of tradingview yet. So i'mma doing it again.
One of many trading setup that i love the most. BTS -0.53% is easy 1.5 with pre-pump and 3x with hard pump. You pick yours. Mid term target on the purple line. Make sure you put sell order, coz sometimes pump happen so fast.
Follow me on twitter and investfeed.com @blockchaindedi
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 43.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001560 to 0.00001040). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001560)
Ending of entry zone (0.00001040)
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= @ 0.0000213
TP2= @ 0.0000260
TP3= @ 0.0000309
TP4= @ 0.0000411
TP5= @ 0.0000470
TP6= @ 0.0000590
TP7= @ 0.0000710
TP8= @ 0.0001020
TP9= @ 0.0001760
TP10= 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 43.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001560 to 0.00001040). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001560)
Ending of entry zone (0.00001040)
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= @ 0.0000213
TP2= @ 0.0000260
TP3= @ 0.0000309
TP4= @ 0.0000411
TP5= @ 0.0000470
TP6= @ 0.0000590
TP7= @ 0.0000710
TP8= @ 0.0001020
TP9= @ 0.0001760
TP10= Free
$Bitshares Update#2Welcome back!
Bitshares is a coin i recently made a Youtube video talking about why i felt like it was a good buy.
I wanted to update you guys to give you an idea of where were currently sitting in the market cycle.
Taking a look at the daily time frame we have two corrections taking place.
One bigger retrace accompanied by a smaller retrace inside of its market structure.
Both retraces are 5x5x3 corrections which are coming close to the terminal end.
It's possible prices dip lower(as indicated by blue line) Either way, were coming close to Wave One of One and a 100% retrace of that would invalidate the Elliott Waves entirely.
Overall, its a great time to catch the dip!
Want more updates? Subscribe to me on youtube!
Link is in my profile description.
God Bless,
Vajolleratzii
Breakout or breakdown?A little close-up action: will BTSBTC stay inside the Fib channel shown here (so move down towards 1500 says) or break out through the top?
Bear in mind that, on a larger scale, we have been dancing around the same trendline of another (larger) fib channel for a day or two now. Decisive action will come within the next 24 hours.
And here's the close-upA close-up to support the idea I just posted, of what might be a last 5-waves down. If the fib channel plays out, we'll see a move up to the 50% line around 1760, and then a move down. Support to break is around 1350 (big significant previous low), and if we pass the that point people will dump their BTS and we dip down to 900 sats levels.
Or not! As always, don't take this type of ideas as prophecies - it's just inspiration, possible interpretations to use and then do your own chart work.
How low can you go?Interesting times for Bitshares and the whole cryptospace in general. I have two big questions at the moment:
1) Will we find support on the green or the red trend line?
2) Have we completed an ABCDE correction?
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 42.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002134 to 0.00001560). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002134)
Ending of entry zone (0.00001560)
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= @ 0.0000260
TP2= @ 0.0000309
TP3= @ 0.0000411
TP4= @ 0.0000470
TP5= @ 0.0000590
TP6= @ 0.0000710
TP7= @ 0.0001020
TP8= @ 0.0001760
TP9= 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 42.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002134 to 0.00001560). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002134)
Ending of entry zone (0.00001560)
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= @ 0.0000260
TP2= @ 0.0000309
TP3= @ 0.0000411
TP4= @ 0.0000470
TP5= @ 0.0000590
TP6= @ 0.0000710
TP7= @ 0.0001020
TP8= @ 0.0001760
TP9= Free
$Bitshares UpdateWelcome Back!
Bitcoin is pumping, what's wrong with the alts??
We are coming to the terminal end of Bitshares correction, that once finished, will yield solid rewards.
I expect Bitcoin to retrace back onto trending support which will cause the alts to do the same. Don't get to excited just yet!
With all of this fear in the market any signs of Bitcoin going back up will bleed the alts because of people selling their positions to FOMO into BTC.
Taking a look at the daily we can see Bitshares has been accumulating in this triangle pattern for the last 7 months.
Price is slowly but surely working its way to the end of the triangle, but we need one more retest back onto support of the 100 week MA.
Once price gets a retest i expect this to give enough momentum back into the market needed for the break of descending resistance.
Will keep updated as price matures.
God Bless, Vajolleratzii
Fabulous Fibs forming?Fib channels are tricky beasts: just when you think the placement is clear, something drastic happens to the price and you notice you were wrong all this time, and the exact same price action seems to perfectly fit another channel. For now though, the price seems to work well with support and resistance lines in this fib channel. That would mean we'll see movement to the center line and the top line in the next 2 days.
My scope for the weekJust a quick in-between chart: these are the trend lines I'll be watching over the next few days. The top red, green and blue trend lines are drawn from the past peaks over a long timeframe, to gray bottom line is the long term support line.
So, key things to watch: will value drop down again, and if so, will this go up to or down beyond the gray support line. And vice versa, will we break through one of the top support lines? If we don't and price falls back down we're only postponing the triangle breakout (up or down) a couple of days later. If we do break through one of the top resistance lines, most likely price will drop back to this line as resistance becomes support, and after that we move further up.
Just a little reminder: Elliot subwave 3 is the most impulsive, i.e. strongest wave up, so this is it typically the wave that pierces a prior resistance. Keep this in mind when drawing your wavecounts!
Bitshares on sale today!There's a lesson to be learned every day! For me the lesson is: always "cost average" into a position. I was too lazy to ladder in, so I bought at the .618 retracement, and unfortunately we dipped deeper.
Putting it more correctly: unfortunately for me, because for those who didn't buy Bitshares is on sale today! We've briefly dipped below the long-term support trendline, most likely to go to the .886 retracement. Given the low low low RSI's we're seeing on multiple timeframes today.
I think you need to be blind not to scale into BTSBTC at the moment so if you ask me: start accumulating, and set your stop loss right at the 100% retracement, then move up the stop loss as soon as price goes up for a free trade.
Feeling Divergent?Bitshares to Bitcoin is racking up one bullish signal after another! Today we're seeing a nice divergence on the 1-hour chart, indicating trend reversal around the corner: trend line connecting lower lows is descending, but the MACD, RSI and RVGI are all putting in higher lows.
As always, there's never security in TA, but the list of bullish signals is getting longer day-by-day, and by taking so long the long term support trend line is creeping up as well, which is a good thing since it means the "bottom" is going higher and higher.
By the way, that long term support is now around 2150 sats and moving up. It's on my chart in dashed purple if you zoom the value scale a bit.
white trend line break i will be inshowing a huge max 2.618 3rd and 4.618 5th if this is identical move this is the prediction midterm. playing the break of the falling wedge or triangle..... don't really care what it is. 4.618 is max target!!
Nice rejection - Hammer Doji formingIf this hammer doji remains for the next hour or so, we have a nice bullish reversal signal.
The Big Bullish WedgeThe bullish wedge is probably the most interesting chart pattern there is: two trendlines (the upper and lower) that show decreasing value, but still it's a sign of bullish things to come! We might be at the bottom of the wave 2 correction, hitting the .65 retracement. It's a good time to be watching BTS closely at the moment!
The case for the 0.618 retracementAnother day, another idea - I don't do predictions. Reasons for a bullish bounce around the 0.618 level:
1) We're seeing a downward wedge forming ( typically a bullish signal ), converging with an apex right on the 0.618 retracement level
2) We're seeing a nice textbook Elliot wave: 5 waves up, 3 waves down, with the ABC correction ending at the end of wave 4 level. This is the way Elliot wave theory is taught in textbooks :-)
3) The golden zone between 0.618 and 0.65 is statistically the most probable retracement level.
In my book, the big question it's all coming down to is: does the larger trends impulse fall flat, making is dive to the long trend support (somewhere around 2200 - 2300 sats), or do we have enough bullish sentiment in the cryptosphere to start a larger trend wave 3?
