Bitshares Bullish Broadening Pattern...target Bullish bitshares broadening pattern shows the potential of a massive rise upon its next ascent...target to the $1.70+
Btsusd
BTC/USDthe price make a great price action when it dropped down from the resistance and now bounced from a previous down trend and make a higher low
good luck :-)
BITSHARES READY FOR TAKEOFFBITSHARES has consolidated 50% of its prior gains, and the buy-side once again looks attractive.
BTS/BTC LONG see Cup and Handle .
buy zone : 0.0000295sat .
sell 1st : 0.0000450sat .
sell 2st : 0.0000550sat .
sell 3st : 0.0000600sat .
BITSHARE CONSOLIDATION in the cards?BITSHARES had a pretty extended bull run as most other cryptocurrency consolidated, now as the rest of the market pushes on into the green, BITSHARES fails to find buy-side interest.
| Ethereum $ETH | Don't believe everything you hear | 5/8Buy Zone: ~$725-740
Target 1: ~$805
Gonna face some resistance here, if it breaks through, we're on to Target 2. If not, I'd say we dip back down to the buy zone.
Target 2: ~$865
Long term hodl position for me so these are small swing trades.
BitShares: till HARD-Fork !BTS/USD
Indicators - UP , News - Good , TA - controversial figures. Descending triangle into the expanding rising wedge.
07 June 2018 - Hard Fork, Development Cycles 2018.
Target
0.43
#BTS $BTS = Easy 100% Profit with coming hard fork news Follow BTS Chart at given buying zone with available target in the above chart
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BINANCE:BTSBTC POLONIEX:BTSBTC POLONIEX:BTSUSD BINANCE:BTSUSD
BitShares , A long-term trading opportunity to buy in BTSUSD.Technical analysis:
BITSHARES/DOLLAR is in a down trend and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 34.
Trading suggestion:
*The price is in a down trend, but we forecast the uptrend would begin.
*There is possibility of temporary retracement to suggested support zone (0.1127 to 0.0438), if so , traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.1127)
Ending of entry zone (0.0438)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 0.2005
TP2= @ 0.3170
TP3= @ 0.4536
TP4= @ 0.5638
TP5= @ 0.6736
TP6= @ 0.9800
TP7= Free
BTC/USDhave you seen this kind of 100% correct analysis? it just realy kissed the last resistance line. lets hope it will hold for a while, but overall this is bad picture and may cause more panic. (WE ARE STILL IN BULL PATTERN!) well before we break it hard..
Smart money flowing in- Big money is changing momentum North
- The 5m charts showed several big money injections in the past two weeks
- 12/4: In 30 min price exploded from $6.900 to $7.900 and demolished the short term trendline (1)
- 13/4: Price broke through resistance and retraced back the following days (2)
- 20/4: Price destroyed (3) the downwards trendline (since 17/12/2017) >>> Very bullish signal
- Global marketcap ATM around 420 billion. Bullish momentum and global market sentiment looks to strong for a bulltrap
- Next target resistance 2
- We want to see price climb back in the long term channel
BTSUSD ,TP1 hit with 60120941 profit. New Buy Opportunity...BITSHARES/DOLLAR
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*There is still possibility of temporary retracement to suggested support line (0.2005) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 7 BUY trade(s) @ 0.17904856(day close price) based on reversal candle (Valley) at 04.12.2018 .
Total Profit: 60120941
Closed trade(s): 6750011 Profit
Open trade(s): 53370930 Profit
Closed Profit:
TP1 @ 0.2005 touched at 04.12.2018 with 6750011 Profit.
Open Profit:
Profit for one trade is 0.26800011(current price) - 0.17904856(open price) = 8895155
6 trade(s) still open, therefore total profit for open trade(s) is 8895155 x 6 = 53370930
All SLs moved to Break-even point.
Take Profits:
TP2= @ 0.3170
TP3= @ 0.4536
TP4= @ 0.5638
TP5= @ 0.6736
TP6= @ 0.9800
TP7=Free
Technical analysis:
BitShares/Dollar is in a range bound and Beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 72.
BTSUSD ,TP1 hit with 60120941 profit. New Buy Opportunity...BITSHARES/DOLLAR
New trading suggestion:
* The price is in a range bound, but we forecast the uptrend would begin.
*There is still possibility of temporary retracement to suggested support line (0.2005) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 7 BUY trade(s) @ 0.17904856(day close price) based on reversal candle (Valley) at 04.12.2018 .
Total Profit: 60120941
Closed trade(s): 6750011 Profit
Open trade(s): 53370930 Profit
Closed Profit:
TP1 @ 0.2005 touched at 04.12.2018 with 6750011 Profit.
Open Profit:
Profit for one trade is 0.26800011(current price) - 0.17904856(open price) = 8895155
6 trade(s) still open, therefore total profit for open trade(s) is 8895155 x 6 = 53370930
All SLs moved to Break-even point.
Take Profits:
TP2= @ 0.3170
TP3= @ 0.4536
TP4= @ 0.5638
TP5= @ 0.6736
TP6= @ 0.9800
TP7=Free
Technical analysis:
BitShares/Dollar is in a range bound and Beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 72.
BitShares Double Bottom FormationIt seems that BitShares has found the support, while forming a double bottom at $0.118. The following wave up resulted in a break above the downtrend trendline as well as 50 Moving Average.
There are to resistance levels to watch, first minor resistance is at $0.17, where the downtrend trendline was previously rejected. Second major resistance is at $38.2% Fibonacci retracement level. This should be the key price to provide further clues on the price development. Break above that resistanace could start a long term uptrend, while rejection should result in more consolidation.
On a downside, break and close below the $0.11 support should invalidate short term bullish outlook and send price slightly lower or just extend the consolidation.
Bitshares Moving Up StronglyBINANCE:BTSUSD
Bitshares has been moving up strongly over the past 4 weeks, from $0.10 USD to $0.22 USD, but still far away from the all-time high level $1.03 USD. A level which I expect we will surpass this year, perhaps this semester.
We had a MACD positive divergence signal for a few months, which means MACD moving up while price was moving down, which was an early indication that price was about to change. And now we are in full MACD buy signal as the MACD indicator has surpass the cero level. We also have gone above the 20 and 50 day moving average, but we are still struggling with the 200-day moving average resistance, for now.
Looking at the chart it seems pretty obvious that we have bottom on this one, and from here to $1.00 USD there is about a 400% return to be made. I’ll give it a few months for that target to be achieved.
Good Luck in your Decisions
BTSUSD 4H Analysis Please note that this type of recommendation is not followed up. Set your target and stop your loss yourself. If the analysis agrees with your idea of view (make sure that the analysis agrees with your idea of view, the analysis is not followed)
Bitcoin - See you at $5kNothing is a surprise here. If you followed my last post, I showed 2 options here for Bitcoin. One was a bullish count, and one was bearish. And surely enough, we are filled with signs of bearishness. Please check it out if you haven't so you can get caught up on what you missed.
So, I keep going back and forth on the overall count, and I'm just going to stick with a 3-3-3-3-3 5th wave Ending diagonal sense we seem to be staying on the parameters of the descending wedge. We have a very strong support line here, and another hit on it could strike an awesome rally. So, I'm expecting a nice sharp ABC correction. We're currently on B (small uptrend), and awaiting for C (big downtrend) to start.
Bitcoin loves to hit .786 extensions for C waves, so if we get an estimate on the current projection for this B wave of around $7200, then we can create a fib extension from that point which can lead us to our target of 5k.
Get to know your Stoch RSI. It tells you a lot. It must always reset. And it shows the overall strength of any trend. So far, it's looking like this uptrend is already starting to lose strength. Where if we continue to rally another $200, the 12 hour may be overbought, and THAT is a bad sign for bulls.
Of course I'm going to expand on this more, show more data, include more live updates, as well as tips and tricks to help you all defeat Bitcoin. I've spent so much time on Bitcoin, I've been really getting it down on smaller timeframes. It becomes very very easy when you begin to develop an understanding of how the MACD, RSI and Stoch RSI all intertwine. Alright, lets get started!
