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BTSUSD +1000%What Is BitShares (BTS)? BitShares is a decentralized platform designed to provide a more efficient global payment network and is commonly used for securely trading cryptocurrencies without any intermediaries. It was originally launched in July 2014 under the name ProtoShares (PTS) but was rebranded to BitShares (BTS) less than a year later. The platform is powered by the BitShares (BTS) token, a native utility token that can be used for several purposes, including the creation of smartcoins known as “BitAssets,” which can have a variety of parameters and can represent practically anything — such as reward points, collateralized fiat-pegged tokens and IOUs. The BitShares platform is managed by a decentralized autonomous company (DAC), which allows BTS token holders to decide the future of the platform, and decide which features to add next. It runs on an open-source blockchain implementation known as Graphene, which is reportedly capable of processing up to 100,000 transactions per second (TPS) — making it faster than both MasterCard and VISA combined. As of January 2021, BitShares is in the process of a relaunch, and will be going through several major changes throughout going forward. Who Are the Founders of BitShares? BitShares was co-founded in 2013 by some of the cryptocurrency industry's biggest names, these include: \ Daniel Larimer, an accomplished software engineer and the co-founder of several other prominent blockchain ventures including EOS.IO, Block.one and Steemit. Larimer is an esteemed name in the cryptocurrency space and is widely regarded as one of its leading innovators. Charles Hoskinson, an entrepreneur and mathematician who is one of the original eight co-founders of Ethereum — the second most successful blockchain platform (behind Bitcoin). Today, Hoskinson works as the CEO of Input Output HK (IOHK), the research and development company behind Cardano (ADA). As of January 2021, the BitShares core team consists of 17 permanent workers, supported by more than 60 long-term contributors — covering a range of disciplines including economics and legal, to systems admins and highly skilled developers. What Makes BitShares Unique? One of BitShares’ major distinguishing features is its integrated decentralized cryptocurrency exchange platform (DEX), which allows users to trade regular cryptocurrencies, as well as more traditional financial instruments (via BitAssets) without middlemen. Because of its native DEX and support for synthetic assets (BitAssets), BitShares is often touted as the world’s first DeFi capable blockchain. As we previously touched on, BitShares uses distributed autonomous companies (DACs) to produce a self-governing, self-financing system that allows BTS holders to set the business rules that govern the BitShares ecosystem through a secure proposal and voting procedure. BitShares is also one of the few blockchain platforms to completely do away with addresses. Instead, it uses simple memos to distinguish users, making it one of the more accessible crypto platforms. It is also built around a popular referral program that is used to incentivize the growth of the network by distributing upgrade fees between referrers and the BitShares network. It was the first blockchain to use self-governed delegated proof-of-stake (DPoS) technology and has an ~3-second processing time for transactions, making it one of the fastest blockchains currently operating. In September 2020, the BitShares platform underwent a hard fork, leading to the creation of New BitShares (NBS) — a derivative project that is not affiliated with the original BitShares. As a result of the fork, BTS holders were airdropped NBS tokens at a 1:1 ratio.
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by MiguelFTCurado
BTS/BTC (Testing Swing Low Support)💎Technical Analysis Summary💎 BINANCE: BTSBTC -BitShares is now retesting major swing low support area -Every time the price touches these key areas -A strong reversal happens within a few weeks of trading -This will not happen 100% of the time -So please wait for any sign of reversals like patterns -Bullish divergence on indicators will add extra confirmation -But I always recommend waiting for the breakout signals -Be patient and do not rush into trading A big Thanks for donating 💰 via Tradingview coins this week to seba26-77 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` If You Like My Daily Published Ideas 👍 A little Help By Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading! ➡️ Thank You! 😊 ``````````````````````````````````````````````
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by PolarHusk
10
BTS/BTC (Bearish Pattern Confirmed?)BINANCE: BTSBTC -Bitshares is confirming a bearish H&S pattern after the breakdown of the neckline -The price dump by -40% down to the previous swing low and 200MA dynamic support -If BTS can hold the area 300 sat, there will be a good chance of reaction bounce up to 440 sat -But if the Bears won the game, the next support below is at 265 sat -Be cautious, this is a fresh breakdown, please don't try to catch a falling knife ^Trading involves High Risk ^Not Financial Advice ^Please exercise Risk Management **If you like my daily Published Ideas **Please don't forget to leave a thumbs up & comment **Thank you! :)
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by PolarHusk
10
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.
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by PolarHusk
There is a trading opportunity to buy in BTSETHTechnical analysis: . BitShares/Ethereum 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 25. . 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 (0.00029000 to 0.00027500). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00029000) Ending of entry zone (0.00027500) 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= @ 0.00031800 TP2= @ 0.00033000 TP3= @ 0.00034200 TP4= @ 0.00036000 TP5= @ 0.00037700 TP6= @ 0.00041500 TP7= @ 0.00045400 TP8= @ 0.00050800 TP9= Free
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by ForecastCity
4
There is a trading opportunity to buy in BTSETHTechnical analysis: . BitShares/Ethereum 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 25. . 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 (0.00029000 to 0.00027500). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00029000) Ending of entry zone (0.00027500) 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= @ 0.00031800 TP2= @ 0.00033000 TP3= @ 0.00034200 TP4= @ 0.00036000 TP5= @ 0.00037700 TP6= @ 0.00041500 TP7= @ 0.00045400 TP8= @ 0.00050800 TP9= Free
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by ForecastCity
2
There is a possibility for the beginning of an uptrend in BTSETHTechnical analysis: . BitShares/Ethereum 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 31. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00031700 to 0.00029600). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00031700) Ending of entry zone (0.00029600) 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= @ 0.00034200 TP2= @ 0.00036000 TP3= @ 0.00038400 TP4= @ 0.00040900 TP5= @ 0.00044700 TP6= @ 0.00047500 TP7= @ 0.00050100 TP8= @ 0.00057000 TP9= Free
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by ForecastCity
2
There is a possibility for the beginning of an uptrend in BTSETHTechnical analysis: . BitShares/Ethereum 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 31. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00031700 to 0.00029600). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00031700) Ending of entry zone (0.00029600) 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= @ 0.00034200 TP2= @ 0.00036000 TP3= @ 0.00038400 TP4= @ 0.00040900 TP5= @ 0.00044700 TP6= @ 0.00047500 TP7= @ 0.00050100 TP8= @ 0.00057000 TP9= Free
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by ForecastCity
2
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
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by ForecastCity
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
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by ForecastCity
A trading opportunity to buy in BTSETHTechnical analysis: . BITSHARES/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. . 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 (0.000358 to 0.000277). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.000358) Ending of entry zone (0.000277) 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= @ 0.000412 TP2= @ 0.000467 TP3= @ 0.000550 TP4= @ 0.000664 TP5= @ 0.000809 TP6= @ 0.000994 TP7= Free
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by ForecastCity
A trading opportunity to buy in BTSETHTechnical analysis: . BITSHARES/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. . 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 (0.000358 to 0.000277). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.000358) Ending of entry zone (0.000277) 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= @ 0.000412 TP2= @ 0.000467 TP3= @ 0.000550 TP4= @ 0.000664 TP5= @ 0.000809 TP6= @ 0.000994 TP7= Free
BLong
by ForecastCity
1