we can have a short position on bts and if we use leverage then we can take it as a maximum of 5-7x. And our targets should be at black lines and dca should be at black line on red zone #NFA #DYOR BINANCE:BTSUSDT
Reasons to take long:
⭐️ BTC is bullish
⭐️ Important level 0.01
⭐️ Accumulation 1 day
⭐️ Price is squeezing to the level
⭐️ 4th touch of the level
⭐️ 35 ATR
⭐️ Over VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix...
The price got a rejection from the daily resistance on 0.114$ and create a retracement until the 0.618 Fibonacci level and the static support.
As you can see on the left this area is important for the market.
How to approach?
IF the price is going to lose the support, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple...
The Crab Pattern is a volatile 5-point extension structure that was discovered by Scott Carney in 2000. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary...
BTS still holds the $0.028 zone with very strong buying, which can help BTS continue to move up to conquer the $0.034 zone to move up to the $0.04 area. $0.04 zone is a very strong resistance and we need more time to observe more price action in this zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.028$ zone
🔴Buy : 0.028
🔴Sell : 0.034 - 0.04
📉BLUE...
Fundamental Analysis:
BitShares is a decentralized platform designed to provide a more efficient global payment network and is commonly used for securely trading cryptocurrencies without any intermediaries.
It was originally launched in July 2014 under the name ProtoShares (PTS) but was rebranded to BitShares (BTS) less than a year later.
The platform is...
Position with a pending sell order, at a price of 0.2018 x10-20
Target and stop loss indicated on the chart.
Allocate no more than 5% of the main deposit to the position
Based on technical factors there is a short position in BTSUSDT Bitshares
BTSUSDT Bitshares
Score 2️⃣
🔴Short Now or set on Key Level 0.04000
🟢Target 1 0.03800
🟢Target 2 0.03636
❌Stop loss 0.04100
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable...
As you can see on the chart
we are currently near the support at .03659
If you are planning to invest in BTS
Buy 20% now
Buy 30% if this candle open/ close above support
Buy 50% when we get 2 BUY signals from Robo
You can take some profit at next resistance level if you'd like to
