Bitshares (BTS) short term Target $0.10; Check Out This Elliott Wave Analysis!
SUMMARY
Bitshares (BTS) 4 hr char below shows a nice cup & handle consolidation pattern. This is a bullish sign and so the next incremental target is $0.10 or so per the white colored waves 1,2,3,4,5.
The higher resolution 1 hr chart shows a very clear a,b,c (red) and it's either complete or will be any moment. What happens after an a,b,c retracement? That's right, the original trend resumes and this is the new uptrend. The white elliott waves provide an approximate and yet probable price pathway.
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BTS Wallet - d2e60e9856c36f34
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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.**
I really hope you are right on this one! It’s given up most of its recent gains in the past few hours. Hopefully it can recover in the next few days.
Thanks @haejin.
I have a couple of buys in on this one...phasing in.
One question, what is your downward target on STEEM? Do you think there is more downside....I looked and didnt see a recent chart on your blog.
Thanks.
Perhaps a bullish spike bellow the lowe triangle line. This will wash out all the weak hands. Those who panic very easily.
I love the poker terminology. We've spoken about it before, and it sure rings true here. The fewer players in the hand, the better chance of winning the chips that tried to limp in before the flop. Buy it as they sell it.
thanks @haejin.
what kind of currency you prefer?
BTS
Good! i'm Trading Etheruem Cash And Gold. i think it'll have a best future
@haegin, Where do you store your BTS? the bitshare.org cloud wallet and desktop wallets do not appear to be that secure. Thanks in advance for your help.
I use the bts desktop wallet. Not sure why you think it’s insecure? You retain your private keys. You can create a back up file and it’s all password protected. Much more preferable to leaving them on an exchange which could fold at any moment and disappear with the lot
How exactly does a wallet "appear" to not be secure?
I noticed that if I close my browser and then reopen it and Goto bitshares.org, then click on the exchange it shows my account directly. I've tried to twice on two separate PC and the results were the same. That's insecure. When you that on Bittrex for example that's no the case.
Solution.....log out. Security is more your responsibility than any one else's. And just so you know, my browser absolutely does leave me logged into bittrex if I close it and immediately open it again.
Thank you!