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BTSUSDT trade ideas

🆓BitShares (BTS) Apr-03 #BTS $BTS BTS still holds the $0.028 zone with very strong buying, which can help BTS continue to move up to conquer the $0.034 zone to move up to the $0.04 area. $0.04 zone is a very strong resistance and we need more time to observe more price action in this zone 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 0.028$ zone 🔴Buy : 0.028 🔴Sell : 0.034 - 0.04 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 0.028$ zone 🔵Sell : 0.028 🔵Buy : 0.024 - 0.02 ❓Details 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
BLong
by CryptoStation
BTS (BitShares) Coin Analysis 26/03/2022Fundamental Analysis: BitShares is a decentralized platform designed to provide a more efficient global payment network and is commonly used for securely trading cryptocurrencies without any intermediaries. It was originally launched in July 2014 under the name ProtoShares (PTS) but was rebranded to BitShares (BTS) less than a year later. The platform is powered by the BitShares (BTS) token, a native utility token that can be used for several purposes, including the creation of smartcoins known as “BitAssets,” which can have a variety of parameters and can represent practically anything — such as reward points, collateralized fiat-pegged tokens and IOUs. The BitShares platform is managed by a decentralized autonomous company (DAC), which allows BTS token holders to decide the future of the platform, and decide which features to add next. It runs on an open-source blockchain implementation known as Graphene, which is reportedly capable of processing up to 100,000 transactions per second (TPS) — making it faster than both MasterCard and VISA combined. As of January 2021, BitShares is in the process of a relaunch, and will be going through several major changes throughout going forward. One of BitShares’ major distinguishing features is its integrated decentralized cryptocurrency exchange platform (DEX), which allows users to trade regular cryptocurrencies, as well as more traditional financial instruments (via BitAssets) without middlemen. Because of its native DEX and support for synthetic assets (BitAssets), BitShares is often touted as the world’s first DeFi capable blockchain. As we previously touched on, BitShares uses distributed autonomous companies (DACs) to produce a self-governing, self-financing system that allows BTS holders to set the business rules that govern the BitShares ecosystem through a secure proposal and voting procedure. BitShares is also one of the few blockchain platforms to completely do away with addresses. Instead, it uses simple memos to distinguish users, making it one of the more accessible crypto platforms. It is also built around a popular referral program that is used to incentivize the growth of the network by distributing upgrade fees between referrers and the BitShares network. It was the first blockchain to use self-governed delegated proof-of-stake (DPoS) technology and has an ~3-second processing time for transactions, making it one of the fastest blockchains currently operating. In September 2020, the BitShares platform underwent a hard fork, leading to the creation of New BitShares (NBS) — a derivative project that is not affiliated with the original BitShares. As a result of the fork, BTS holders were airdropped NBS tokens at a 1:1 ratio. As of January 2021, there were just under 3 billion BTS in circulation. This is equivalent to 83% of the maximum BTS supply — making it highly diluted. BitShares was initially funded by community investments totaling 5,904 BTC, as well as 415,000 Proton Shares (PTN) in 2014. At the time, this was worth around $3.6 million. The full BTS tokenomics are not publicly available. BitShares uses a custom delegated proof-of-stake (DPoS) consensus mechanism to secure its network. This uses a combination of witnesses and decentralized voting processes to produce a more democratic consensus system that avoids the possible negative effects of centralization. This system reduces the need for multiple transaction confirmations, ensuring BitShares transactions can be finalized extremely quickly. Instead, delegates (known as witnesses) are responsible for producing and broadcasting blocks, with numerous safeguards in place to ensure these witnesses act in the best interests of the network. The current CoinMarketCap ranking is #454, with a live market cap of $73,058,255 USD. It has a circulating supply of 2,994,600,000 BTS coins and a max. supply of 3,600,570,502 BTS coins. Sentimental Analysis: There seems to be a huge fall of BTC.D or Bitcoin Dominance coming and the Total Market cap Rise, which can be interpreted as an Altcoin Season initiation, and its confluences with the current Price to Value Ratio of some Crypto Assets, makes a good Sentimental Indication, that the Altcoins are going to pump and gain some Price Appreciations in the upcoming months. Technical Analysis: As this Asset has Fallen to the 90% zone of its All Time High, it seems to be undervalued and worth of investment at this level so we have used Fibonacci Tools to define 3 Up coming targets where the new Cycle will Go through in its formation so we can squire off our Positions and liquidate the holding asset to maximize profits. There exist a Bullish Divergence of Price Action with MACD, which is a very significant sign of Bearish trend reversal and Beginning of the new cycle with the impulsive bullish trends. there are total of 3 Targets defined with the Fibonacci Trend base Extension tools where as the 3TP gets its confirmation as the Price Touch or Crosses the 2 TP followed by some Price correction.
BLong
by BitonGroup
12
BTSUSDT Technical Analysis💎 BTSUSDT has been making HLs and LLs in the descending channel. After the last rejection we can expect that it continues to go to the upper band of the channel. 💵 Invest Only 5% of your Portfolio 🎳 Entry Now or at 0.03440 - 0.03181 ☕️ TP1 0.03690 🍺 TP2 0.04096 🍻 TP3 0.04550 🍾 TP4 0.05014 🍷 TP5 0.05478 🍸 TP6 0.06000 🍹 TP7 🎁 TP8 🚫 SL 0.03156 - 0.02950 Good Luck 🎲 Check the Links in Description and if you LIKE this analysis, please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a profitable day 😊👍🏻
BLong
by Fibonacci-Signals
BTSUSDT Technical Analysis💎 BTSUSDT has broken above the wedge pattern and a major resistance. The price can go for a pullback and retest the previous resistance. There is a potential that the price goes higher after the pullback 🌐 Tradingview 💵 Invest Only 5% of your Portfolio 🎳 Entry/Pullback now or from 0.05303 - 0.04992 ☕️ TP1 0.05619 🍺 TP2 0.06195 🍻 TP3 0.06757 🍾 TP4 0.07374 🍷 TP5 0.07965 🍸 TP6 0.08500 🍹 TP7 🎁 TP8 🚫 SL 0.04947 - 0.04661 Good Luck 🎲 Check the Links in Description and if you LIKE this analysis, please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a profitable day 😊👍🏻
BLong
by Fibonacci-Signals
2
[Update] BTS / USDT Propability of a bullish impulse on breakoutHello traders, BTS / USDT has come to test a resistance zone with the objective of going in the direction of its downtrend line in (sky blue) and the zone under buying Rsi validates this hypothesis. After the confirmation of the wicked low on the close of this session, this strong potential of a bullish movement with rising price can be expected. To check the diagonal resistance in (pink) which corresponds to the place of the horizontal resistance zone. After the pull back we can wait for the bearish divergence to fade before entering a new one on the return of the bull run. This is not an investment but a recommendation for use Thank you for taking the time to read my analysis. I hope you enjoyed. Good luck in your transactions, stay in your investor memory. If you like my posts, mash the Like button👍 Please FOLLOW, thank you!
BShort
by stephanelibatd