BitShares (symbol BTS), formerly known as ProtoShares (PTS), is an industrial grade “crypto-equity”, peer to peer distributed ledger and network based on a Delegated Proof of Stake (DPoS) algorithm. It was created in 2014 by visionary Dan Larimer (“Bytemaster”), co-founder of Steemit, EOS and Cryptonomex. BitShares is based on Graphene, an open source C++...
Well fellows, as predicted the correction is started.
1. The BTC price broke the uptrend (finally!!)
2. Apparently a head and shoulders pattern is formed
3. Momentum decreased
4. and I think price is shaping a falling wedge!
and seriously guys, bitcoin need a really serious correction to be stabilize... market is out of balance.
Targets calculated based on...
BTS seems ready for a move up, all MACD are turning bullish and BB H4 are starting to open which can open the door for an impulse higher.
I'm not a big fan of playing intraday move, this one would be more as study case but can be followed for a +25% or more if the trade is kept on mid term.
Let's follow this one for today.
So we have btc/usd here and its not a good thing when you see a classic descending triangle after a long term rally. Nobody knows the future of course but I would wait for a breakout then decide to go Short or long!
While you’re reading this, check out my analysis for Crypto marketCap...
My simple smart logic is to draw lines in order of investigating them. Your ta and numbers are not defined beyond boundaries of a line especially when you draw the same trend on different charts.
My simple smart logic for activity in crypto market is designed for my own expected lifestyle so i start researching and now i see 500X. Low energy is needed, no...
As we can see, after breaking its downward trend, the price is gathering strength to start a strong rise .
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart. BINANCE:BTSUSDT
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 16.Sep.2021
⚠️(DYOR)
Bitshares is one of the best cryptocurrencies. He's preparing for a big rise. I think old coins that haven't moved will show a big increase in this bull. Bitshares is one of them. It has a hardworking and innovative team. I think it will make investors smile with good news in the near future. The chart is not my own work and investment advice. With love. ST
Hello,
Welcome to this analysis about Bitshares and its 4-hour timeframe perspectives. Bitshares in the recent times formed a interesting constellation as it developed several higher highs after another in its structure, such a development in the most times is seen before a more protracted breakout to the upside can establish and in this case I discovered the...
BTS/USDT short term analysis
It is a short term analysis. It will come to the $0.50 level as a priority. Of course, our first priority is $0.10. After a minor correction from the $0.50 level, the first target is $1. It will probably go further. Bitshares is a promising cryptocurrency.
BTS plays. After the failure of the downtrend, BTS is ready to start its growth.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
Follow for more...
Multiple things provide resistance, 200 day moving average which is always a strong sma for reversals.
Trend line from ATH.
Strong bearish Div on daily and 4 hour and 1 hour
If this was a top I still belive BTC hits 100k by EOY
If we close week Below 44k we would also close below 20 week MA and would also be a bearish sign.
while all technical point bearish...
Here we go with another medium term buying opportunity for the BitShares. Still waiting for a minor pullback accross the crypto market before the uptrend continues.
In my last idea I said that we would drop from the top of that trendline to bounce off the bottom at least for another retest, but we broke through, retested the bottom trendline as resistance and hard rejected. Now we are flopping around like a fish out of water along this POC. At this point I'm stumped, not like I'm a BTC price action genius anyway, but still. I...
