BitShares BTSUSD - New Bull Market + 50x RETURN! (Weekly)- RANK 142 on coinmarketcap.
- ABC correction was damn long and looks like the trend is now changing to a bullish trend.
- The Impulse Elliott Wave 3 is in progress, also wave 3 should be the strongest wave.
- Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - For more information, please check my signature below ↓
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Btsusd
Bitshares showing possible early signs of reversal.The scalping group of timeframes (6, 12, 23, 45) is beginning possible signs of reversal to upward pressure with the Green EMA above the Energy in all of this group. It is from this group that we can infer early signs of potential reversals. It is in itself not a reliable indicator in such low timeframes, however we look for signs of bullish sentiment propagating up from here to higher timeframes.
The Green EMA is also higher than the Energy in the 90, 3h & 12h. We need to see the Green higher than the Energy also in the 6h. The Red RSI has turned back up in the 6h and the Green does look as though it could move out to the side to allow the Energy fall below which would complete our criteria for bullish sentiment in this group of timeframes.
Obviously we are at the hands of BTCUSD and this idea can be invalidated based on any strong moves.
Just to point out there is nothing conclusive here but potential for early signs justifying a closer look and monitoring. It would be premature to enter a trade based on what I can see but if I wanted to stock up this may not be a bad time to accumulate.
I will try to keep updated with any changes that I feel to be significant.
As mentioned in previous publications, these markets can change with very little notice. These changes initially manifest themselves in the lower timeframes and propagate up through the timeframes. Nothing is set in stone. Unless you are day trading, you cannot benefit from these early warning signals.
As always - this is not financial advice but just my view of current market dynamics.
One has to be aware that analyses are done on the basis of what the indicators are saying at the time and things can change. It is important to always monitor the scalping group of timeframes as we will see changes propagate up from there.
If you get value from my analyses please hit the like button
Trade safe
aBL
BTS Long Trade 20210306BTS Long Trade 20210306
signals:
Blue -> Green
Red -> Green
BTS, BITSHARES,BTSBTC,BTSUSD,BTSUSDT,BTSUSDTP
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
BTSUSDT (BITSHARES) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- BTSUSDT brokeout above descending trendline resistance.
- Price action is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance (R1).
TARGETS 🎯
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
Completion of Elliot WaveA per my previous post, the wave was predicted correctly but shifted upward about 3k$. However this shift will have its effects in current wave as a wick from bellow 40 to ~35K. All other things will go as planned to reach final destination (80K) of probably first major bullish wave.
BTSUSDT (BITSHARES) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- BTSUSDT is printing a major ascending triangle.
- Price is retesting the major ascending triangle's inclined support.
- Price action is printing a minor ascending triangle pattern at the retest area.
- An ascending triangle pattern is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the minor ascending triangle's horizontal resistance.
TARGET 🎯
- The major ascending triangle's horizontal resistance.
SETUP INVALIDATION ❌
- Breakdown below the minor ascending triangle's inclined support.
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.
Downward Doge pt 4$DOGE just broke through significant support. According to the strictest of rules it would become resistance, but that hasn't really held true because of all the hype. Hype has drained a bit and it might now start to behave a little more predictably. Because that very solid red trendline has been broken, support at .065 is being threatened and it could mean a relatively steady fall through .062 and into the .05XXX areas, but I'm waiting patiently. Still looking to buy back in, but won't until it comes down significantly from here.
Please let me know if you agree/disagree! Always looking to incorporate other perspectives in my trades.
BTC/USDT IS FINE 🥳Hey hey my friends!
BTC is looking good for this support we can see the volume coming in! Oversold stochs and oversold RSI along with support and volume! It is a magic thing 🪄
This is also a great opportunity to DOLLAR COST AVERAGE your altcoin positions if you have any
Lets watch ⏳
BitShares (BTS) Trading Setup & MomentumBitShares 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.
BTS is one of my fav's, completed by the ones that I have already posted. It's one of the old school coins I was trading back in the days, with a huge upside potential.
You got trading setup with entry points in support zone , and also resistances.
I expect that BitShares will have a strong movement in the next few days: 9Feb to 20Feb 2021.
If you find this helpful make sure you don't miss it.
Feel free to comment & follow for more ideas!
BTSUSDT (BITSHARES) - UPTREND CONTINUATION ANALYSIS 🔎
- BTSUSDT brokeout above the descending trendline resistance (1) and hit swing high.
- Price the retraced for a retest of the flip horizontal support and 0.618 fibonacci retracement level.
- The retracement was resisted by the descending trendline resistance (2).
- Price brokeout above the descending trendline resistance (2).
- Price action is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Horizontal resistance level R1
- Horizontal resistance level R2
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
BitShares
BTS old project with good reputation
In super low in D1 or W1 chart
Weak order book
Just added to binance futures
I think this is a preparation for a pump
Best regards EXCAVO
BTS USDT - BTSENTRY - STL - TP on picture
TP of me , and TP of you , i don't know
You can buy more if price lower entry
" High risk scaling consider when entering orders "
Wait to entry no buy price now if price done TP2 , We cancel this order !
BitShares (BTS) Trading SetupBitShares 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.
BTS is one of my fav's, completed by the ones that I have already posted. It's one of the old school coins I was trading back in the days, with a huge upside potential.
You got trading setup with entry points in support zone, and also resistances.
If you find this helpful make sure you don't miss it.
Feel free to comment & follow for more ideas!
BTS/USDTBTS/USDT is giving me good signs for an upward movement for the next few days. Ichimoku cloud is showing laterality, but with slight signs of bullishness. WT_CROSS has just given me a positive signal, just as Weis Waves has shown strength in volume gain and the average daily volume gain is below the 20-period moving average, so an additional gain and fuel (volume) is expected very much in soon, which can boost the price to good value gains.
This is just my idea, my vision. Therefore, this is not a financial advice.
Current view of BTC and useful schiff pitchforkUseful schiff pitchfork that has helped me since 26k. pretty accurate. we may fall out of trend but i see us coming back into it sooner or later and continuing to follow the pitchfork. But lets also be honest; angled lines usually work in general.
Warning: The pitchfork values will shift depending on the time frame. Please if you use it enter the values on the 30 minute time frame. After that you can adjust.
Price1: 22473.16/-577
Price2: 23057.30/-567
Price3: 22440.62/-551