BitShares (BTS) Update: Short Term Target $0.0763 or higher; Check out this Ascending Triangle Bullish Pattern!

in bitcoin •  7 years ago 

SUMMARY

Bitshares (BTS) is putting in the final touches of what looks to be a bullish ascending right triangle. The below chart outlines this pattern. Where the white horizontal and rising lines intersect is called the apex. The minimum price target is $0.0763. This minimum is often exceeded. What would be ideal is for price to continue beyond and start impulsing. For this, let us wait and see. The video has lots more details!

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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**

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I'm holding my BTS no matter what. Is one of this project-coins that i want to check in 4 years. Look into my wallet and say: OMFG!!!

I wish you Massive profits!

hahahah!!! I was preparing a similar post, master!
Thanks for sharing and long life to BITSHARES!

Another great post, I've got BTS as one of my longholds after seeing your analysis on it's longterm potential a few weeks ago.

Would you be interested in doing a post comparing it to the other DEXs pros cons of each?

I'm a Technical Analysts and you ask for a fundamental analysis. But will consider it.

Thanks for posting the analysis haejin...i also found a great article for everyone posted recently that really breaks down Bitshares...i will be holding this one as well

https://steemit.com/bitshares/@richcg/what-is-bitshares

Hey @haejin, check out my blog too.. found the verge breakout as you too have told.. and BitShares too.. very bullish on both of them... For some reason I've been feeling the same for long but I'm not as much as an expert at technical analysis as you.. :)

I just "do" things :)

Hello Mr.Haejin
couple of days ago I sent you a TA of a cup and handle forming. I've been keeping an eye on it and wanted to know if on a ascending right triangle, does a 5 count EW apply inside the triangle?

https://www.tradingview.com/x/5FomAJWA/

Thank you for your help =)

Very nice. You captured the ascending right triangle too!

wohoO! thank you. last few weeks you've been so helpful thank you so much =)

thank you for your analysis

  ·  7 years ago (edited)

If you'd like an analysis of any coin, please let me know.
My objective is to help and do no harm.

I provide FREE analysis of cryptos so people can profit. I have been blessed with MASSIVE profits and this is my way of giving back.

Kind Regards,
@haejin

Please can you analyse Humaniq (HMQ)?
Please 😄

up voted and resteemed

I wish you MASSIVE profits!

The liquidity of the pair BTS/bitUSD on Bitshares decentralised exchange is realy poor at the moment. Not many people use this software so if you want to buy or trade larger amounts of BTS, you only have centralised exchanges left. This means that Bitshares projects is stuck halfway. What is worse the usability of the exchange is also not the best.

  ·  7 years ago (edited)

Speak for yourself. I've had zero problems transacting almost 100k BTS blocks on DEX. The same for usability. While not the easiest, it isn't that hard. It's very similar to Poloniex.

100K BTS at current price cost 6K $. If liquidating this amount were a problem the DEX would be a joke. At the moment total worldwide 24h volume of the coin is aprox only 2M $ what makes it great pump and dump ocasion.

  ·  7 years ago (edited)

Bts smartcoins are now being added to new exchanges. Bitshares is more about getting the exchanges. Bugs. Ui before it’s ready to go mainstream.
Bitshares and the hero coin. Is the closest coin of all the coins on coinmarketcap to be used my the everyday folk. And pushed to the mainstream. Not just speculators. The Bitshares community and developers are more concerned about the fundamentals and foundation being right. Once they are ready then the billionherocampaign will push to mainstream. And when bts Gets upgraded to eos tech. It’s the trifecta big 3. Eos. Steem. Bts. If you looking for a pump and dump coin look elsewhere. Go invest in bitconnect if all you care is token price just don’t be the last one holding the bag. Lol

Agree. Followed ;)

BTS will evolve. Long term hold for me.

You can use blocktrades

Everyone should get themselves some BTS...even if it is $100 worth...

Take those tokens and put them aside...check back in 3 years.

You might be right by that time.

You've posted a lot of beautiful ones.
I liked your post.

Please upvote and comment in my post. And I will replay my comment.

Thank you!