BTS or Bitshares will be hardforking on the 4th of December 2018. This usually leads to a pump as a result of two new coins being released.
What do the charts say?
MACD on the 1D Chart has flashed green for the first time since early June 2018 - the last time this has happened we saw a 70% pump.
The market has twice rejected a fall below $0.04275,...
WHAT I SEE.
TIME FRAME: 2+ YEARS
TARGET: 0.0002789 BTC
BIG PICTURE VIEW WITH FIB AND (MOSTLY) COMPLETE ELLIOT WAVE COUNT
I THINK WE HAVE FINALLY REACHED THE END OF THIS CORRECTION. LIKELY TO COINCIDE WITH THE BTC CORRECTION, SO IT WILL BE DEPENDENT ON THAT.
REVERSAL LIKELY TO...
BitShares is at the end of the triangle. Considering the long history of the project and also the fact that it one of the highly rated blockchains by Chinese ranking, 300% returns bitcoin-wise against 50% loss risk may be not that a bad trade.
Not a financial advise.
Buy Price: Yellow Line
TP: Green Lines
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
This is my opinion and you can take it how you want it, but I believe we have a bumpy month coming ahead and we might just see the last dump before the BIG bull run starting soon after. I believe we will have a drop down to the $5200 levels and then a small dead car bounce after that, with a bigger drop to the low $4ks maybe even mid to high $3ks.
Good luck and...
. 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.
. There is a possibility of...
showing a huge max 2.618 3rd and 4.618 5th if this is identical move this is the prediction midterm. playing the break of the falling wedge or triangle..... don't really care what it is. 4.618 is max target!!
Given the similarity of both market cycles, I was wondering what a possible bullish set-up for Bitshares would be. The previous market cycle reached its all-time-high at 2.272 fib level. When we would apply the same calculations on the current market cycle, it would drive up the price to approximately $2.20!
Just like the previous market cycle, the black...