BitShares (BTS) Update: Can You Say WOW??!! 1,500% PROFIT!!
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SUMMARY
Are you not impressed by the move of BitShares (BTS)? This baby is currently at $0.72 and since my initial recommendation at $0.045; it has climbed 1,500% PROFIT!! To those who have shared in this MASSIVE profit ride, CONGRATULATIONS!! MUCH MORE TO COME!!
Below chart sows how the ascending right triangle decisively breached the upper line and is now relentlessly climbing. The next target is $0.91 and then $1.06 or HIGHER!
Note how the volume declined to a trickle as price approached the apex (the point where the two lines of the triangle cross). This completed the Bullish Ascending Right Triangle pattern. The rationale behind this decline in volume is based on the decline of overall sellers. As price approaches the apex, the degree of price movement contracts because the sellers are getting exhausted. As the Apex approaches closer, there remain almost no sellers except buyers and that is what explodes the price!!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
Follow me on Twitter for Real Time Alerts!!
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
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.**
Excellent insight. Thank you for continually pointing out the details for new comers, such as the volume indicator. This coin is making MANY followers VERY wealthy!
Bitshares is going to dominate this year. The Graphene high performance blockchain was the correct choice. Dan Larimer is a visionary, a brilliant man. I will continue to participate in anything he is involved in. Good job haejin for catching this one.
Happy to have gotten in around .05-.10 range!
Dan is not only a genius, but his heart is in the right place too. He deserves a lot more praise than he's currently getting, hopefully that will come with time :) I'm with you on supporting anything he's involved in!
I'm buying some BTS now!
Yeah me too... BTS gogogogogo !!!
Excellent! Welcome to the Bitshares community
:-)
Is it too late to invest into BTS and what prices do we think it will reach?
It's not too late. I am earning with BTS even if the price doesn't go a lot higher (I think it will, though).
It is impossible to tell how crypto will be priced in the future. The best thing is to do your research and make informed purchases. The Market Pegged Assets feature of Bitshares is one of the reasons that I think it will do really well in both the short term and longer term (over a year out).
I just bought BTS!!!
would love to have gotten Bitshares at 0.04. Sadly late on the scene but prediction this could go high. What other projects is Dan involved in, i know steem... and i think EOS?
I think Bitshares, Steem, EOS and he did something with the Eristica people. You can check their website...
That's for sure. Bitshares is a very long hold for me. Fantastic opportunities.
The BitShares run-up has been nothing short of amazing!
I got into Bitshares primarily because I could buy it with Steem. Glad I did!
Bts wowbaby!
Started buying at .37 all the way down to .048 and back up again to .75. I am all in on Bitshares :)
Hey Tony, great videos! Which platform do you buy BTS from?
You can't buy BTS direct. You have to buy BTC or ETH etc and send to the DEX or buy BTS on Poloneix or Binance and send to the DEX.
The way I got started was to use @blocktrades service to convert the Steem Backed Dollars I earned here into Bitshares. I'm still doing that, but I use OpenLedger if the SBD gateway is up and running (sometimes it is down).
It's gonna be a great year!!
The distrust of centralised exchanges is more tangible than ever. Lots of negative posts re tether trex polo etc, etc . Polo now going to be forcing verification, US taxation laws and whatever comes next. Very soon everyone will be actively looking to avoid trusting ANY entity to trade their coins and bitshares has been quietly sitting there getting ready for years.
Could go nuclear!.
#Notrusttraders < not a hashtag but probably should be.
WOW??!!
LOL, that one really hits
Bitshares is a gamechanger and I am fully in on this ride. Just wonderful stuff! Thank you!