POLONIEX:BTSUSD   BitShares / US Dollar (calculated by TradingView)
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6
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Coin: Bitshares ( BTS )
Trading pair: BTSUSD
Platform: Poloniex
Entry: $0.20 - $0.30
TP1: $1
TP2: $2
Stop: $0.17

TA:
Target 5th wave @ $2
I counted all the subwaves in wave 1 and 3.
Fifth wave incoming. Did an ext fib retrace to come to $2 at the end. (deleted in chart)
Then did a fib retrace to show the subwaves of the fifth wave.

FA:
Bitshares is a decentralized exchange.
Because of all the hacks there is a fast growing demand for decentralized exchanges.
Bitshares is one the first working well! POLONIEX:BTSUSD
Excellent analysis :)
Reply
HardFork_Cafe lemonsandshade
@lemonsandshade, Thanks! It's my first published TA, so time will tell :)
Reply
Do you count time as part of your prediction too? It seems really conservative tbh, BTS reached 1$ really easy and was supressed by the bitcoin crash, Supposing that will make it to 2$ in near half a year looks really conservative.

It would be pretty cool if you could make a long-term BTS prediction.
+1 Reply
MaxL82 elaea
@elaea, I think time dimension is usually not part of TA. But 2 USD is still an awesome target. If we see this before end of this year that would be awesome. That is potential 8x return.
+1 Reply
@MaxL82, It sure is Max! Thanks!
+1 Reply
@elaea, Thank you for your reply. Time is very difficult to predict (for me) and I must admit that $2 is not very ambitious, but I would suggest to take 25% profits at TP1, 50% at TP2 and let the other 25% ride along!
+1 Reply
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