BTSBTC trade ideas
How many bottoms before reversal?One bottom, two bottom, three bottom, four. Five bottom six bottom..Do dooo doo dooo...
BTS could be about to pop. Who knows?
Good luck.
BTS - indicator of altseason?Almost 900 days of correction passed. Will the altcoins market start to grow this week?
Inverse H&S PatternA nice inverse H&S pattern forming for bts-btc. Looking mighty fine for a bullish reversal.
Over 30:1 Reward/Risk Is Worth A Shot...Trading some cryptocurrency pairs over the long holiday weekend to get my fix, what can I say... Anyway, I like this pair right now, trading on Poloniex. It's receiving around the 5th most volume in the BTC trading pairs, and looks technically interesting atm. Weekly chart posted below to get a look at that overhead downtrend resistance line, because price is at a critical point tapping on that resistance. Also seeing a nice bullish RSI divergence both weekly and daily. If it were to break through, say to .0000036, that could signal the end of the 5th wave down and the beginning of the A-B-C corrective retrace. If so, first and second targets are shown on the chart, representing 100% and 200% gains, respectively. For the risk/reward ratio to work stop loss should be set just below previous posted lows, so set at .00000319. As I have said before I am an owner of BTC, a believer in it and a few altcoins, and an absolute stalwart believer in the power of blockchain to be a disruptive and then market standard tech. Hope everyone is having a good holiday weekend! Happy hunting and GLTA!!
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.
Bitshares - secret altseason indicator?Bitshares appears to be at the finishing edge of a long correction. If it dumps under 150 sats all bets are off, but based on the monthly correction candles this would be the perfect time for a strong bullish reversal. BTS has been in the past a great indicator for when other alts will pump hard. The question is will August be the month? I think it is very likely.
BTS/BTC long price drop is incomingAbout -24% drop (BTS/BTC) is incoming. The support is broken so the price might slowly go down for 3-4 weeks. So get ready to buy the bottom in 3 weeks and keep an eye on it.
BTS Cloud Breakthrough Coming—3DChance that bts wakes up with big gains through the ichimocku cloud into the 1300-1550SAT range.
MACD and KST providing evidence.
Stoch RSI saying bullish.
Reaching ATLows..Minimal sell volume..
Target 1: 1300SAT
Extended Target: 1650
Take care!
BTS - getting closer to bottomExpecting it to test the 400 sats level, then afterward we could see a nice trend reversal.
