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...
FIBs add up so beautifully on this chart it's a VERY good indicator for me. I am definitely a buyer on this one. Careful of the square up (circled on the chart) and protect your profit, there is alot of levels that can be considered dangerous on this chart. Move you stop loss up as the price go up!
If you were a member for over a month, you already are invested in this coin and made some significant profit.
For everyone else...
We see this coin as a good investment if you don't have a better option. Not too encouraging, right? Not at all! We love this coin but we understand that better coins are available to invest in such as DOGE, BYTECOIN and a few other...
BTS Hero has shut his mouth, broke out of consolidation mid december after breaking downtrend in OCT-NOV.
This is a long-term hold for me.
Why?
Functional Decentralized Exchange, and extremely quick. can handle 3300TP/s, median confirmation time is 1.5 seconds, over 100X times faster than BTC, quicker than DASH, ETH, Cash, and LTC. It can handle over 285...
Bitshares has been a juggernaut ever since it hit rock bottom in October due to being delisted from Bittrex. In two short months Bitshares has gone from a low of roughly $0.045 to a whopping $0.80 as of writing! That's a gain of ~1700%!!
So where will Bitshares go from here? Well, it's already completed a cup and handle on BTSUSD and broken out of an ABCDE...
So a few of my recent short term price pathway predictions did not come to fruition since we have recently had a massive BTC correction. However, these charts have still retained their bullishness post correction and have lost nearly none of their USD value at this point (most recently XVG and BTS).
Anyway, it seems that BTS can barely stay within the original...
Long live Led Zeppelin.
How long can this madness go on?
If we pass $1 and that dollar becomes resistance.. holy smokes, I don't see what is keeping this coin from $1 to $10.
I leave you with a poem:
There's a lady who's sure
All that glitters is gold
And she's buying a stairway to heaven
When she gets there she knows
If the stores are all closed
With a word...
Hi!, my opinions about the great BTS are the follow:
1st target: 0.5usd again, test the old top.
2nd target: after breakout 0.5usd, will follow 1.48usd!
3th target: after a minor correction will hit 1.8-2usd!!
Let's see whats happens with this.
