Very nice set up, This 3-day chart clearly shows a bullish divergence between price action and Stochastic RSI with following engulfing candle after a strong oversold period.
The weekly chart for confirmation, very powerful.
Continuing on from my BTS chart previously using Wolfe waves to figure out BTS target - here are my new ones The targets meet a few criteria so I'm pretty confident about these. I can interestingly use the Wolfe wave I used last time to support the 900 sats target, I believe BTS is also going through a repeat of a smaller pattern that occured on the 20th (circled...
Trading some cryptocurrency pairs over the long holiday weekend to get my fix, what can I say... Anyway, I like this pair right now, trading on Poloniex. It's receiving around the 5th most volume in the BTC trading pairs, and looks technically interesting atm. Weekly chart posted below to get a look at that overhead downtrend resistance line, because price is at a...
This is going to be little bit of a different trade and will incorporate the same idea on my recent long time frame NANO trade I placed.
As you might've noticed, I've been sharing trades that in general have a very short time frame of selling. Get in, take the profit 5-20% and get out. We did this on BAT/BTC twice, ARK/BTC, VTC/BTC (This trade is still active)...
Bitshares appears to be at the finishing edge of a long correction. If it dumps under 150 sats all bets are off, but based on the monthly correction candles this would be the perfect time for a strong bullish reversal. BTS has been in the past a great indicator for when other alts will pump hard. The question is will August be the month? I think it is very likely.
Holding its own well against a BTC pump. looking like it can break up and over the Safety Net (brown), and convene /cross over the (blue) driving line that acts as a counter momentum line. Watch for building pressure behind the Buffer line (Yellow)
Chance that bts wakes up with big gains through the ichimocku cloud into the 1300-1550SAT range.
MACD and KST providing evidence.
Stoch RSI saying bullish.
Reaching ATLows..Minimal sell volume..
Target 1: 1300SAT
Extended Target: 1650
BTS obvious signs before gains
higher low at RSI and chart
Volume is very low
Last change to buy in into BTS
Buy zone 780+ (bought at 784)
Target 1: 1370
Target 2: 2450
Crypto loves 0.5 and 1.27 fib lvls