✅BTSUSD💥+40%✅RSI up trend
✅RSI much higher comparing the last time BTS was in this price range.
✅Buyers are making pressure on sellers which means price tends to go up.
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.
Who Are the Founders of BitShares?
BitShares was co-founded in 2013 by some of the cryptocurrency industry's biggest names, these include:
\ Daniel Larimer, an accomplished software engineer and the co-founder of several other prominent blockchain ventures including EOS.IO, Block.one and Steemit. Larimer is an esteemed name in the cryptocurrency space and is widely regarded as one of its leading innovators.
Charles Hoskinson, an entrepreneur and mathematician who is one of the original eight co-founders of Ethereum — the second most successful blockchain platform (behind Bitcoin). Today, Hoskinson works as the CEO of Input Output HK (IOHK), the research and development company behind Cardano (ADA).
As of January 2021, the BitShares core team consists of 17 permanent workers, supported by more than 60 long-term contributors — covering a range of disciplines including economics and legal, to systems admins and highly skilled developers.
What Makes BitShares Unique?
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.
BTSUSDT trade ideas
BTSUSDT Analysis BTSUSDT is currently rejecting from the strong resistance and moving in a channel.
We have not seen and retracement yes, so it is expected that it will retrace up to 38.2% fib levels which is our demand zone or else we can buy after the break of the resistance.
BTS ?BTs gell out a little bit hours ago but started going up again, the important point here is the resistance which should be broken. according to MA, MACD, CCI, and trending line channels the power of demand is more and more than emission so its going UP still .
BlockShot Chart Request #BTSUSDT - Potential 110%+#BTS went on a tear when they announced launching of an NFT platform - now it is actually going live hype is starting to build again - I am not sure it will reach the same levels as before due to the nft hype slowing down a little bit although the real world applications are now there and can show a strong reliable drive up in price.
Whilst we are flashing some strong buy signals with flipping the 200 DEMA and also a Butterfly Harmonic there s stil lthe Local KEy Resistance to break out of first. We are currently quite heavily overbough on the daily and expect a bit of a rejection here to regain some strength to break the resistance.
Dropping below $0.033 is going to signify a little market crash so wait for the dust to settle before starting to accumulate again. This is a pretty reliable long hold imo - but in the same breath could pump at any minute. Great and Strong project - potential sleeping giant.
***These are idea's formulated from requests and are NOT formal BPT trade - only enter based on your own research***
BTS/USDT short term analysisBTS/USDT short term analysis
It is a short term analysis. It will come to the $0.50 level as a priority. Of course, our first priority is $0.10. After a minor correction from the $0.50 level, the first target is $1. It will probably go further. Bitshares is a promising cryptocurrency.
BTS plays🎶🎵🎙 $BTS #BTSBTS plays. After the failure of the downtrend, BTS is ready to start its growth.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
Follow for more...
is Bitshares another Matic!!!hiii everyone in my gem coins series i will be covering all the powerful coins & tokkens so lets talk about bitshares we have broken out of bearish trendline and it is heading towards .045 levels that could act as resistance and if broken next target would be .0530 but overall we are super bullish now and i am looking to long now and keep my position on hold until we hit .1$ to .3$ which hardly going to take 2-3 months. GOOD LUCK
MASTER TRADE PLAN FOR BTS 30% PROFITHello traders, see the chart for detailed information and dont forget we consider both scenarios.. cost averaging.
tradehubng.
$3 or $4 is possible with NFTSAB=0.5 XA or AB=0.38 XA
BC=0.88 AB
tp1=1.6 BC=$0.16 *reached*
tp2=0.88 XA=$0.3
tp3=2.6 BC=$0.7
tp4=3.6 BC=$3.1
tp5=1.6 XA=$4.14
BTS About to go 200-300%+ profit! BTS is inside a rising channel which will continue to grow for the coming 2-3 months. BTC dominance is dropping meaning small alts like BTS will go crazy. BTS went almost to 1 dollar in 2018 (1000% profit). It's expected that BTS will go even further this time.
Target 1: 16 cent (33% profit)
Target 2: 32 cent (150% profit)
Target 3: 60 cent (500% profit)
Long: 1 dollar (850% profit)
This bullrun is far from over. Plan accordingly! Leave a comment with your own ideas.
BTS ABSOLUTELY KILLED IT 200 PERCENT PROFIT Those ones who traded this beauty enjoy your profit now,... still a long way to go up to 0.5 dollar,
BTS on the 3rd wave of Elliottthe sufficient target could be $1.27 but what about pumping possibility targets?
tp1=1.6 C=$0.31
tp2=2 C=$0.72
tp3=2.24 C=$1.22
pumping targets:
tp4=1.6 A=$2.3
tp5=2.6 C=$2.8
tp6=2 A=$6
tp7=2.24 A=$11
tp8=3.6 C=$25
tp9=2.6 A=$31
BTC/USDT - Double bottom + ascending triangle - 4H- Big ascending triangle has been forming for days
- Smaller double bottom pattern can be spotted inside the triangle
- The small double bottom pattern could trigger the ascending triangle if it unfolds.
- Target of the ascending triangle coincides with the previous high @ ~0,175$
- Ichimoku cloud shows that we are currently facing a strong resistance level, however we have hit it thrice in a short amount of time, which is a good sign.
- RSI not looking all that strong but can be enough for a breakout
I expect to see something unfolding in the next 24 hours.
Price increase towards the supply areaExpect another uptrend towards the supply level
And then prices are expected to fall towards the demand area
Temporary buy> good sale> and buy again
(Maybe long term)
BTSUSDT Ready To ShortEnglish :
This currency is falling and is offering to sell
Persian :
in arz dar haale eslah ya rizesh mibashad va pishnahad forosh ast