Hi dear friends, hope you are well and welcome to the new trade setup of BitShares ( BTS ) coin with US Dollar pair.
Previously we caught more than 21% pump of BTS , and was very close to hit the sell target, but dropped down.
Now on a 4-hr time frame, BTS has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised...
Hi dear friends, hope you are well and welcome to the new trade setup of BitShares ( BTS ) coin with US Dollar pair.
On a 4-hr time frame chart, BTS is about to complete a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Fundamental 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...
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 (...
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...
Technical analysis:
. BITSHARES/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 27.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of...
Technical analysis:
. BITSHARES/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 27.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of...
As a neophyte in the technical analysis game, I'd like to share my thoughts on BTS/USD. I do have a stake in Bitshares however, this is as unbiased as I could possibly make it. Not adverse to bad news in fact, waiting for it to dip lower from it's current position so i can DCA my position even further. Let me know what you think, what can be improved, etc. Thanks.
BITSHARES/DOLLAR
New trading suggestion:
* The price is in a range bound, but we forecast the uptrend would begin.
*There is still possibility of temporary retracement to suggested support line (0.2005) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the...
