BitShares (BTS) - Watch Out For Big Breakout Above 8500 Sat Next WeeksteemCreated with Sketch.

in #bitshares • 7 years ago (edited)

Unless something crazy happens to the cryptocurrency market by the end of next week, watch out for BitShares breaking-out above 8500 sat sometime around the end of next week or in about two weeks from now.

bitshares-med-term.PNG

There seems to be strong support on the 61.8% Fibonacci line, so a breakout is likely when the price meets the intersection between the downward resistance trend line and the support line.

Potential profit 2x-3x over the course of a few days once the breakout happens.

Vote, comment, and resteem if you'd like me to keep you updated on the latest cryptocurrency buying opportunities. Follow me @jarexx.

#cryptocurrency #altcoins #bitcoin #jarexxtrading
7 years ago in #bitshares by
$11.36
  • Past Payouts $11.36, 0.00 TRX
  • - Author $8.63, 0.00 TRX
  • - Curators $2.73, 0.00 TRX
18 votes
Reply 10
Sort:  
  • Trending
    • [-]
     7 years ago 

    Stan is firing up the HERO campaign next week, the stars may be aligning for an epic BTS pump. Buy now, or forever hold you peace...

    $5.62
    • Past Payouts $5.62, 0.00 TRX
    • - Author $5.62, 0.00 TRX
    • - Curators $0.00, 0.00 TRX
    2 votes
    Reply
    [-]
     7 years ago 

    I actually didn't know that. Thanks for sharing. My prediction for the price increase was purely based on technical analysis. However, technical analysis is a representation of the information people have about a company so when a big breakout is shown to happen on the chart, it's usually because people also expect some big news coming.

    [-]
     7 years ago 

    Thanks for your analysis. Its always hard for me to understand or read charts but I am happy to hear all opinions.

    $0.06
    • Past Payouts $0.06, 0.00 TRX
    • - Author $0.06, 0.00 TRX
    • - Curators $0.00, 0.00 TRX
    2 votes
    Reply
    [-]
     7 years ago 

    Thanks for this analysis man, following you

    [-]
     7 years ago 

    Thank you for following me!

    $0.00
      Reply
      [-]
       7 years ago 

      Bitshares sound like they are up and coming. Profit is good. Thanks for sharing that with everyone!!

      [-]
       7 years ago 

      Hope you are right. Following you cause I trust your analysis. Invested quite a lot in BTS cause I believe in the technology. Plus Hero coming soon to mainstream makes it even more interesting. I like the fact that BTS is very fast at handling many transactions per second, unlike Ethereum which we saw struggling with the recent ICOs...

      $0.00
        Reply
        [-]
         7 years ago 

        Hey Jarexx ive been following you for quiet some time. Keep the posts coming

        Quick question... what tool do you use to make analysis's (cryptowatch?)

        $0.00
          Reply
          [-]
           7 years ago 

          I concur 👍

          $0.00
            Reply
            [-]
             7 years ago 

            Hi, Nice content, I am new in steem as well, I am always promised to the community to bring good content always, here is some electricity saving tips, it may be useful to you or other miners.

            https://steemit.com/crypto/@cryptopizza/how-to-save-electricity-costs-on-mining-cryptocurrency

            $0.00
              Reply

              Coin Marketplace

              STEEM 0.28
              TRX 0.11
              JST 0.034
              BTC 66274.97
              ETH 3175.04
              USDT 1.00
              SBD 4.06