BITSHARES (BTS) Analysis: Got Bit by the Bull!
Nice chart and counts! Waves i,ii done and should continue going up in a trend. One thing to consider is that if you review the last 10 or so blog posts of cryptos I posted, many of the charts and their counts are looking similar. There is a reason for this and it's called the "All the Same Market" effect. Many of the cryptos are being raised by the Bitcoin tide. As written before, Bitcoin is the moon that lifts and lowers the crypto tides.
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish.
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish.
" There is a reason for this and it's called the "All the Same Market" effect. Many of the cryptos are being raised by the Bitcoin tide.".
Shouldn't you analyse the price per BTC then, instead of the dollar?
Yes, and no. I buy sell my cryptos per usd base and so analyze on that. BTW, all the same market doesn't matter what the currency measured against is....it's all proportional.
Thanks for sharing
I own some of this hope it does well
Let's see what happens. I wish you MASSIVE profits!
What is safe entry point for long term?
Take a look at the charts. Consider some resistance/support levels and review the waves. What point would be a good entry for you? Would you consider laddering in your entries? It's worked for me great!
i was about to ask about bts. lol. looks like a lot of the alt coins r about to pop based on ur TA's. but if btc continues on its impulse inclines it's not likely. no? time will tell. how's doge looking? ur TA on the different coins help a lot. thx @haejin!
It seems that Bitcoin up and Altcoin up are taking turns. I've noticed these cycles often now such that when bitcoin surges, alts go down and when bitcoin rests, alts go up. I'll post an update on Doge coin soon. Thanks for the read!
this cycle has been going for quite a while now, but I'm not sure yet how to profit from it
me neither, but it's certainly there, i guess
meep
Here is DOGE analysis. Please use only to augment your DD.
https://steemit.com/bitcoin/@haejin/doge-coin-analysis-you-should-know-by-now-when-abc-correction-is-done-what-s-next-bullish