Bitshares had a very long correction and now it's finally time for it to grow up. First TP 0.57, then some correction and next TP around $1, then one more correction and new ATH.
Bitshares for those who don't know, is a very promising altcoin... as you can see on the chart it's getting ready for a next bullish run! 1. A "rounded bottom formation" tells us we are entering a "market reversal". (Bearish to Bullish) 2. If we break "major resistance" it may retest it as new "support". 3. 'Buy-in' at around 0.205 USD // 'Take profit' at around...
Bitshares has been around for a long time yet has been somewhat forgotten about amidst the mainstream adoption of BTC The realization of a decentralized exchange, without shady passport and address approval systems baiting the authorities to come and have a look; will only gain popularity as the crypto space emerges further mainstream in my personal opinion. and...
havent updated my charts since whenever i last posted this, but no need for a change... everything appears to be following the path i charted before with 1 more lower low as a high probability i see that it has made its mini pump to possibly the final position for "D" as i do not expect a higher high in this market. Which is fine, and expected elliot wave...
Looks upward to me Got temp banned for 'soliciting donations' in my comments. I'd like to formally apologize for upsetting you whiney tattletail freeloaders. You deserve better than to be reminded that someone else made a chart you profited from. Because you worked really hard pressing that button like they said you should. Still bullish fuck yall
Potential breakout from the symmetrical triangle, with a strong support at the 3k satoshi level.
There are two possibilities for bitshares now but both of them at the end will lead us to previous local ATH. Everything now depends from bitcoin, if it goes up bitshares will follow it and we can have a breakout of a triangle. There are also some good news for bitshares which can influence it's price: 1) Bitshares has been upgraded to B- on the well respected...
It was a bloody correction of bitcoin during last days. Bitshares was stable longer than many other altcoins but at the end it was dumped hard due to margin calls. I think a correction of bitcoin is not finished and we will probably have one more bloody day before we finally go up. But before that I expect to see some retracement of bitshares. And anyway in a long...
It is best that you know that i am new to this and can not be taken seriously, or as financial advice. I am passionat about BTS and want to help get more charts drawn and community interaction. My gut says we go lower once more to hit bottom.
Hello guys, these are just babysteps of my journey about TA. Please DYOR.
We are within a Elliot Impusve wave. Completed correction wave 2 and are now in the longest wave 3. Currently building a huge Cup and Handle formation. When this gets ab, I expect the next move to be very impressive. To above 7000 + sats levels
Looking at the current and past price structures of BTS/BTC they are strikingly similar and are even on the same BTC levels. We all know history tends to repeat itself.
I think it's a good strategy just to hold BTS because a global trend is not broken. It's still going up.
new good elliot wave start on BTS... good profit potencial for strong hands
Use fib lines as targets - both time and price analysis are available on the chart. Measure fib zone 1 to fib zone 2 to determine a time estimate for the formation on the right side of the cup chart pattern within fib zone 3 to fib zone 5. RSI shows plenty of action on the upper +50 range, indicating bullish bias. MACD shows fresh momentum. No volume...
With all this talk of hacked exchanges it's fair to assume more interest/capital will start flowing into the DEX space. BTS/BTC has been forming a textbook cup/handle pattern for the past few months and just broke the channel to forma new higher low signaling the start of a new market cycle. Watching this one closely but the risk/reward is looking mighty fine.
I strongly recommend to buy Bisthares. It is a young pretty solid project with enormous potential and it is offering a whole stack of financial services for the blockchain world. In my analysis it has a big grow potential too, referred my chart structure, indicators and previous highs and with this, very good looking fibonacci levels. Targets are: 1 |...