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BitShares / Tether USD

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BTSUSDT trade ideas

Tech running ahead with BitShares, (BTSUSDT analysis)What is 🌟BitShares or bts 🌟? BitShares is a decentralized cryptocurrency exchange that is part of the Microsoft Azure blockchain designed to provide a more efficient global payment network and is commonly used for securely trading cryptocurrencies without any intermediaries.. BitShares was created in July 2014 and is the brainchild of Steem and EOS cofounder and CTO Dan Larimer, along with Ethereum and Cardano cofounder Charles Hoskinson. Along with Steem, BitShares uses a Graphene layer, and both are among the most active blockchains on the market. ❇️(coinmarketcap dat a: Rank #167 , kind:Coin, On 18,898 watchlists Market Cap: $219,849,053 - Volume24h: $22,684,845 - Volume / Market Cap:0.1041 ❇️overal conclution: BitShares is ready for government regulation with a smart contract blockchain built with Wall Street in mind. Equities are backed by assets and used for streamlined financial exchanges with a distributed ledger to track trades as necessary. With the right partnerships in place and forms filed, BitShares can find itself in a very lucrative position, thanks to these key components. BitShares is a smart contract network that can host tokenized apps. Tokens are exchangeable for BTS, which is then exchangeable for bitAssets, which are stablecoins pegged to real-world markets. BitShares not only complies with regulations, but it may prove to be an improvement upon existing systems with algorithms designed to stop insider trading. BitShares works like Ethereum, which insists it isn’t a security, yet calls itself a security. Its structure should be studied and compared to any crypto or blockchain prior to investing. Investing in cryptocurrency can be profitable, but with those profits come danger. Transparency is important in financial services, and while other cryptos focused on redefining banking, BitShares aimed at the heart of Wall Street. Whether it’s a kill shot, or they both must learn to live together, remains to be seen. Keep a close eye on the financial sections, as well as the cryptocurrency news, and buy BitShares BTS at your own risk. references: cryptobriefing- coinmarketcap- bitshares. org ------------------------------------------------------------------------------------------------------------------- ✅TECHNICAL ANALYSIS As we can see in the weekly timeframe logarithmic chart for BTS/usdt, The current price roam about $0.074, Betshire has been able to build strong support for itself over the past few months, which is a little difficult to return to. You can imagine the triple floor patterns as well as the inverted head & shoulder pattern so then that lead us to hit targets of $ 0.12, $ 0.22 and then $ 0.7 respectively. And also with the support of the crypto green market, it could go even further if the Altcoins market conditions help. (Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, because Because this crazy market also depends on the odds and there is no certainty.) -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion and you are responsible for your own trades or invests. ❤️with Best Regards and successful trades 👍plz hit that damn like button if you like it
BLong
by PRO_SMART_Trader
Bitshares showing possible early signs of reversal.The scalping group of timeframes (6, 12, 23, 45) is beginning possible signs of reversal to upward pressure with the Green EMA above the Energy in all of this group. It is from this group that we can infer early signs of potential reversals. It is in itself not a reliable indicator in such low timeframes, however we look for signs of bullish sentiment propagating up from here to higher timeframes. The Green EMA is also higher than the Energy in the 90, 3h & 12h. We need to see the Green higher than the Energy also in the 6h. The Red RSI has turned back up in the 6h and the Green does look as though it could move out to the side to allow the Energy fall below which would complete our criteria for bullish sentiment in this group of timeframes. Obviously we are at the hands of BTCUSD and this idea can be invalidated based on any strong moves. Just to point out there is nothing conclusive here but potential for early signs justifying a closer look and monitoring. It would be premature to enter a trade based on what I can see but if I wanted to stock up this may not be a bad time to accumulate. I will try to keep updated with any changes that I feel to be significant. As mentioned in previous publications, these markets can change with very little notice. These changes initially manifest themselves in the lower timeframes and propagate up through the timeframes. Nothing is set in stone. Unless you are day trading, you cannot benefit from these early warning signals. As always - this is not financial advice but just my view of current market dynamics. One has to be aware that analyses are done on the basis of what the indicators are saying at the time and things can change. It is important to always monitor the scalping group of timeframes as we will see changes propagate up from there. If you get value from my analyses please hit the like button Trade safe aBL
BLong
by aBitLong
BTSUSDT (BITSHARES) - POTENTIAL BUY ENTRY ANALYSIS 🔎 - BTSUSDT brokeout above descending trendline resistance. - Price action is printing an ascending triangle pattern. - This is a bullish build up pattern. - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the ascending triangle's horizontal resistance (R1). TARGETS 🎯 - Horizontal resistance level (R2). - Horizontal resistance level (R3). SETUP INVALIDATION ❌ - Breakdown below the ascending triangle's inclined support.
BLong
by Chibuike_Odoh
6