Btsusdlong
BTS plays🎶🎵🎙 $BTS #BTSBTS plays. After the failure of the downtrend, BTS is ready to start its growth.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
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BTSUSDT Waiting for the Resistance Zone Breakout!BTSUSDT (1H Chart) Technical Analysis Update
Waiting for the resistance zone breakout
BTS/USDT currently trading at $0.1249
Buy-level: Above $0.138(only buy if 1H candle closes above $0.138)
Stop loss: I will update once I see the breakout
Target 1: $0.144
Target 2: $0.155
Target 3: $0.165
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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BTSUSDT will rise!As we can see, BTC broke through the resistance line, but then the price fell again. Most likely, the price will drop to the triangle support level, bounce and test the resistance line at $ 60,000 again. Most likely, a breakdown of resistance will occur and the price will consolidate above $ 60,000.
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BTCUSDT near support 9650 Perhaps the price will go into the support zone, which is at the level of 9650 - 9570
I am also considering a price hike from the current retest prices of 10050 -10250.
Or through a retest of support.
When the price is above 9500 there is a chance of continued growth. if this level is broken the price will go down to 9110
This is just my opinion, and is not a call to action)
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BTS/BTC TA Update (Early sign of Bull Breakout?)BTS/BTC
BTS is starting to show some sign of potential bottoming as the volume is increasing, the price is testing the 50D MA as well.
If BTS fails to break 50MA, I'm eyeing for a pullback at the key support area. This key area must hold and consolidate for at least 1-2 weeks
to provide a decent amount of trading activity to keep the price within the range for the breakout of this bullish descending channel.
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 :)
Update:Failed H & SNow I'm sure H & S failed because of distance between every S with h.So I'll wait to see price react with triangle(pink) or with flag pattern(white channel).If it react with Triangle.I think we can see again another gartley pattern.It means price can touch about 16000-18000-21000 $.
Why Bitcoin has to make another drop before another rallyAt this point the main question is what the potential target for the final decline in wave (c) of (v ) of C of ?
And here we should calculate potential projections to come up with confluence of targets. Projections of the larger Wave A of 4 give two targets: $4,432 and $4,136.
Projections of the Wave (i) of C of 4 give two targets: $5,284 and $4,193. Finally, projections of wave (a) of (v) suggest two targets: $4,494 and $4,106.
As we can see, we have a very strong confluence of potential targets for the final move down in the area of $4,193-$4,106.
Please read my analysis on www castawaytrader com / bitcoin
or watch the latest video at www castawaytrader com / videos