Almost 900 days of correction passed. Will the altcoins market start to grow this week?
A nice inverse H&S pattern forming for bts-btc. Looking mighty fine for a bullish reversal.
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.
About -24% drop (BTS/BTC) is incoming. The support is broken so the price might slowly go down for 3-4 weeks. So get ready to buy the bottom in 3 weeks and keep an eye on it.
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 Take care!
Title says it all. Well almost all. Congratz bts
Expecting it to test the 400 sats level, then afterward we could see a nice trend reversal.
Buy zone 400 sats - sell at 2000% profit - time frame 6 - 12 months.