Bitshares is another old project preparing for a strong uptrend.
This chart is based on Poloniex due to it having the longest history of the coin, which i deem very important,
As there is lack of activity on Poloniex, most action happens on Binance where one can also see steadily rising volume at the lowest end of the price range.
This is indicating...
Cup pattern formation,
With the blue breakout line loss limit and the cup depth gain limit, which is equal to the static resistance of the horizontal line.
# Suitable for shopping
BTS/BTC
-BitShares broke the mid-term trendline resistance
-The price today has already retrace almost to key support area
-This zone of support is a confluence of 200D MA and previous resistance
-If we can see Bullish rejection or reversals signs
-That would be a good buying opportunity
-The upside potential is up to 400 sat
For the first time, the price is going to see a weekly EMA cross over where the 10W EMA is crossing over the 20W EMA signalling an uptrend and the price is likely to go to the upside.
The targets are mapped on the chart, the price would provide a 127% rise as this point acts as a weekly resistance.
Thank you for reading, how you have a good day!!
BTS/USDT
BTS finally changed the 4H trend after breaking the trend-line resistance and making its 1st Higher High.
We can see a bullish MA cross and the RSI trading above 50 condition level. If a pullback is going to happen,
the area between 0.01600-0.01440 must be defended to keep the strong bullish momentum otherwise
an equilibrium play is going to play-out...
BTS/BTC
BTS is starting to show some sign of potential bottoming as the volume is increasing, the price is testing the 50D MA as well.
If BTS fails to break 50MA, I'm eyeing for a pullback at the key support area. This key area must hold and consolidate for at least 1-2 weeks
to provide a decent amount of trading activity to keep the price within the range for...
Hello,
After a big drop Bitshares looks like its rebounding back up.
If Bitshares can pass the first support line it would for sure pass the next support which is pretty weak. If things go well Bitshares can be above 1300 sats very shortly.
RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
Hello Lads and Ladies,
Toady we are taking a look at Bitshares - BTSBTC. On the daily chart it seems tobe forming a huge cup and handle formation. We are going to take a look at what is happening and what possibilities are there for BTSBTC.
Basically, as every other coin in this space BTSBTC has seen a humungous push in December of last year. Taking this push...
