Btsusdt
BTS/BTC (Pullback to 200D MA?)BTS/BTC
-BitShares broke the mid-term trendline resistance
-The price today has already retrace almost to key support area
-This zone of support is a confluence of 200D MA and previous resistance
-If we can see Bullish rejection or reversals signs
-That would be a good buying opportunity
-The upside potential is up to 400 sat
fib div & moving 200 & ichimokuHello friends, this is a 5% comfortable profit for you.
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SHS on Bitshares BtsBtc shs occurred. 55% chance of working. I hope it doesn't happen.
this is not an investment advice. is my personal amateur work. Good luck to everyone.
BTS/BTC (Scouting For Higher Low?)BTS/BTC
-we made a daily higher high and broke above 50ma
-currently scouting for new higher low
-between the price range of 230-216s
-that area of support also coincide with 50ma & 20ma dynamic support
-must hold immediate support zone because
-this will be its first baseline of defence againts the bears
-if you are anticipating for daily higher low
-your stoploss should be place under 188
#BTC/USD Sideways action Is it Bullish or Bearish? Breakdown IncWelcome to this quick update guys.
BTC/USD seems like it is forming a Bullish Flag in smaller TF.
Last update has been very accurate and I hope you made some profits if you followed.
In this chart you can see the Price retested the 200D MA as per my last update and bounced from there.Important Support levels:
1. 50D MA: $9428
2. 85D EMA : 9278
3. 200D MA : 9258
The dotted line shows the potential expanding CHANNEL in formation.
I am expecting the price to follow the arrow as shown in the chart.
$9980 to $10185 is important Resistance area.
Any break above these levels will take price to 10700 level which seems unlikely at the moment. Until then I am bearish.
IMPORTANT NOTE (WARNING):
As of now most of the traders are posting bullish charts besides weekly candle got rejected from the global trendline Resistance. Guys I think a brutal breakdown is likely if we don't break the 10700 level soon.
So what should we do? I will be tethering the 9980 to 10200 level I I get the chance.
In case the price breaks above the 10700 mark I'll buy back in but IF the price goes to lower levels like $7800 $7400 or even $6800 I will have the opportunity to buy lower.
What do. you think?
Is it a good idea?
Please share your views and comments.
Follow me for more future updates and give it a thumbs up if you like this.
3 pin formation 1W: seems bearish although we closed above 7K I'm going to just stay in bitcoin. I will buy more if the price fall. To me, not a great idea to stay out of BTC. There is a somewhat equal amount of buyers and sellers now so only whales could push anywhere at this point. for the past halvings, every time BTC stayed below and then picked up its pace along the way. This time I feel like it is over and we are heading up from here. THings are going to be different. At the same time, I wouldn't be surprised to see a spike down but I can guarantee you the price will not stay below 4K for long as the mining machines for BTC costs around that price so based on supply and demand, it would make any sense for it to consolidate below 4K. But, either way, this is Bitcoin, manipulated and owned by the Wealthiest family on earth so anything is possible. I would want the FED to keep that BRRR going on so holders could accumulate more.
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.
BTCUSD - final correction move before new growHi, friends. BTC correction is coming for the end. Yesterday we saw big stoppage volume + price rejection in the form of big tails, it's a first sign of stopping the current trend (we have bear trend intraday) and going to the balance structure. Possible future balance range will be 8290-8900 or 8540-8900. As usual after first stoppage volume the price make 1-2 extremum update to finally knock out early buyers and execute sellers who are standing on breakdown. So with a high probability the price can make a false breakdown of 8290, also it's a daily support level.
But there may be such an option that the price goes into balance right now and does not go lower. In this case we will be waiting for signal inside the balance at lower timeframes or go long after breakout 8900.
So we have 3 areas for opening long
- 8290 after false breakdown
- 8900 after true breakout
- now at lower timeframes
Long should be only with confirmation in the form of bull activity and bear weakness.
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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 Complete RetracementHuge retracement.. Looks overwhelmingly bearish for now.. Whales may capitulate on this uncertainty within the market
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 :)
It's time to Bit(Share) the joy. BTS/BTC 1000%+ potential gainThis is going to be little bit of a different trade and will incorporate the same idea on my recent long time frame NANO trade I placed.
As you might've noticed, I've been sharing trades that in general have a very short time frame of selling. Get in, take the profit 5-20% and get out. We did this on BAT/BTC twice, ARK/BTC, VTC/BTC (This trade is still active) and NANO/BTC (Trade also still active). This trade will be different.
We will accumulate from 400 sats all the way to 150 sats if the price keeps falling. BTS has shown a very large correction and is one of the older cryptocurrencies.
Short term, it looks okay, but we are not here for the short term. We are projecting the price movement of this coin in the next 3-4 months. The targets are drawn on the charts. I believe this coin can easily go 1000% if not more according to my chart. Weekly RSI is looking extremely oversold and we are on one of the last support lines for BTS and very close to its all time low price in terms of BTC.
Considering that this is a longer time frame trade. We need to be patient with the price movements and take profits all the way up. We will not bother ourselves with 10% price movements for this trade.
Bitcoin - Counterintuitivity ~ Trade Set-up 8/28/19I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
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!
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