BitShares ( BTS ) is a peer-to-peer distributed ledger and network that can issue collateralized market-pegged smart coins known as bitAssets. For instance, it can issue crypto-based assets, denominated by “bitAsset”, that track real-world markets like the USD. BitShares also has its own decentralized exchange. ( bitshares.org
This being said, let's...
Trade Duration: Medium
BitShares (BTS) was first introduced in a White Paper titled “A Peer-to-Peer Polymorphic Digital Asset Exchange” by Daniel Larimer, Charles Hoskinson, and Stan Larimer. It is a brand of open-source software based on the as blockchain technology as used by Bitcoin.
Crossing the purple trendline that was holding price since Sept. MACD about to bullcross, RSI almost vertical and Volume spiking a little. Buy signal from the UCTS . Still in an ascending channel, so target could be upper trendline for now...#BTS #bitshares
In my last post, I was showing a monstruous year long wedge :
Lower support seems to have hold. Descending wedge are a shift between demand and offer, the only thing to make it valid is the lower support angle must be less than the angle of the resistance. We are very near...
on daily chart we see the price move between a range, and neer the historical support of the coin. you can wait until the price move above the range and go long with it; if not and the price brove the low of the range i expect that will go down and down; keep your eyes on the chart of bitcoin and this chart to know the move earlier.
in weekly chart we see a...
Bitshares seems to have hit the bottom. A falling wedge has been formed. MACD shows a bullish crossover. Bitshares will now enter accumulation phase (look on binance you will see it was stop hunted a few weeks back, usually what bulls do before wanting to pump something (check STRATIS).
Targets are red lines. Can sell a portion at each line.
In the context of bitcoin's retrace and my bearish bias on the market, BTS looks surprisingly good for a run. I'm going to give some conservatory targets: 1900, 2500, 3000. I'm already in the trade, avg 1074 sats.