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
BTSUSD trade ideas
$BTS Bitshares weekly looks strongWeekly SRSI on Bitshares $BTS turning up with potential to grow into a very strong weekly cycle. Target of around $1.70
Next ATH BTS due in June?BTS seems to bounce nice between this channel on a log scale. Extrapolating exactly lands on the first week in june with a value of 2 USD (market cap 5.5 B.) Or could it be earlier? What do you think?
BITSHARES setting up for another leap.We have seen what looks like the recovery of cryptos, with the past week seeing consistent increases in value. This looks like the building of a major cycle 1st wave, and could be the beginning of a bullish run that should take us back to the december highs longterm, and beyond. (see below for a rough longterm forecast- Ceteris paribus)
LONGTERM:
BTSUSD : New targetHi guys,
Little update. Step by step method. Next target is between 0.31-0.35.
The projected new ATH is written on the chart. There is a lot to discuss. but for now lets make short time objecive. Im happy have had great news and i will let you know later what is all about !
Hope yall BTS holder going all right.
Take care,
Simon
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.
BTSUSD:As MACD going steady at the bulls. Bulls lead probabilityHi guys,
I will keep it short and sweet as im posting this between 2 homeworks.
Im starting to be realy ambivalent as time pass and indicators stabilizes for BTS. As you know i was bullish in April.. and April at the moment shown to be effectively bullish. I gave the mission to myself to post my objective point of view, in the respect of my follower if im starting to be ambivalent about an ABCDE count that i projected, i should let yall know and give my perspective to yall so you can make your own decision based on what i said.
In my past posts, I was waiting for the last point; point E (a new lower low). This scenario loose some weight as time past and price & indicators stabilizes. BTS showed low fluctuation past days, even a grow while BTC showed much more bigger fluctuations. So my inner question is : what if it was all this time an ABC correction. On one hand i expected an ABCDE but on the other hand an ABC correction can be possible. The current price sitting right now at the lvl of the past major 1-2 of the precedent bull run, which by experience an ABC correction end
If you bought on my recommendation at 0.09-0.1-0.11, then dont touch it. If you sold 30% at 0.13 and higher as my risk management strategy was saying, then look to re-enter at no lost / or / if you sold higher than now try to make your own conclusion if you wanna wait or enter. **always keep 10% fiat on hand.**
To conclude : Im not calling an immediate up in price. Im retrograding the new lower low from 'high probable' to 'probable'. Then when/if MACD crossover centerline to the positive spectrum, then the lower low will be again downgraded to 'low probability' etc. etc.
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 1hr Going down custom chart pattern on 1 hr shows Bitshares going down.
Chart Pattern Compliments of GG
www.tradingview.com
Inverse Head and Shoulders on BitsharesShort Term target of $0.22 to complete the Inverse Head and Shoulders target.
Long Term I anticipate BTS to follow Bitcoin's lead, and as I assume Bitcoin has made its low back on 6th Feb, 2018, I see that this will be a trend reversal for both BTC and BTS and both have already put in their lows.
be carefulsideways/up a little bit and possible drop, buy on the way down, and in the green area if this happens, but we should be back on track. POLONIEX:BTSBTC
BTSUSD : End of the correction is near part. IIHi guys
To follow up my anterior post. Im still waiting a lower low to confirm the end of the correction. The behavior of the MACD 1D seems to add weight to my projection. BTS has broken the major bearish resistance but the EW rules toward a new lower low are still valid and in play
So, very simple :
End of the correction : a new lower low between 0.07-0.09
BTS IdeaTriangulation for this magnitude is looking good. We're down in the pits 80-90% from the high (0.105 to 0.21 USD) and should see very strong consolidation.
Bitshares - 5 waves down correction fractalI think Bitshares correction is mostly done due to the 5 wave correction fractal that is repeating. It could go sideways for a while but I think we will see some impulses around April 20th.
Accumulation for an exponential beast80-90% regression from ATH has shown itself. We will see more divergence/convergence consolidation before next breakout.
