BitShares (BTS) EXPLODES OUT of an a,b,c,d,e Triangle!! What does this mean? Check out my analysis!
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SUMMARY
Look how beautifylly Elliott Waves and Chart Patterns comingle to outline high probable price pathways! The below a,b,c,d,e triangle consolidation pattern only means higher highs since price breached the upper line. I believe, the price could go near vertical and sentiment could become uber bullish and that potentially means prices of perhaps $1.32 to $19 in short order; should sentiment become unbridled!
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?
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BTS Wallet - haejin1970
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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.**
It looks to me like a cup is forming. Do u see this differently?
Me too. I'm actually seeing somewhat similar patterns on several coins including NEO. I wonder what @haejin's target for NEO is. Noob me sees a cup & handle ending with a triangle on 1 Hour chart.
bigtime...im showing a massive Cup and handle on the 1 day chart on trading view...if it is the thrust on this thing will be monumental
Yes thanks for this one so much. Didn't get the 100000 recommended for retirement. But I got to 10000 and have a nice back up pot now 🤗
If BTS gets to $343 you won't need anywhere near 100000. Your 10000 would give you $3.4m you've got be happy ETH that !
holding exactly 10k, bts could me a monster of the mosters.
I am exactly the same, bought them at 5cents, good times.
I also bought some at around five cents. Glad I did!
Still a good long term buy even now at 0.40c even if it retraces a little very short term - long term kaboom !
BTS collaterize for BitUSD -Half to EOS -half to steem cover all 3
can you explain me please
This is an example of how to short the hero, but you can do the exact same thing with bitUSD
https://steemit.com/bitshares/@billbutler/borrow-hero-and-short-it
Search how to do collaterize bts for a smartcoin. Then you can figure out the rest good luck.
@tt-dogg I've read BTS posts where they talk about earning interest while holding BTS, do you know if that's still the case? Because I don't find anything about it.. There was 1 guy somewhere on a forum that said they removed it. If that's the case, do you know why?
Not sure about interest. But there are different ppl that are working on and developing trading bots for the DEX. They will give them away for free or at very low cost. The benefits are 2 fold. It will increase liquidity and volume in the dex. And if you use the bot you would get a source of passive income. Good luck. FYI. Hero coin is a MPA that gains 5% interest a year. If you hold a lot of bitUSD for a long period of time. It loses purchasing power. but hero coin doesnt
Thanks for your insight @tt-dogg.
I was not aware of this...I will have to look into it.
There you go again, playing possum....acting like you dont know what is going on yet a fountain of wisdom.
What do I know. I’m a high school dropout and a hobo. Lol
Never trust a stranger on the internet. Trust but verify. Is key.
dropout are the richest people on earth.
The idea behind HERO on bitshares is that you can earn 5%APR interest on your holdings in hero. The price of hero is pegged to what the price of a dollar would be before the US gov severed the dollar's link to gold so about ~163, however, the market for heros fluctuates up and down at the moment because their isn't enough liquidity. Once a critical mass start saving in HERO, the whole world can have savings account that posts 5%APR
http://www.sovereignhero.com/
There's a channel on YouTube called goBitshares. It has very good tutorials on how to borrow. Check it out
Thanks
Dank...let us know if you have any other questions...it took me a little bit to get comfortable with the UI but now it's smooth sailing...we are here to help...Bitshares is going to be massive
The UI of what? I was getting it from an exchange. Didn't check out the YouTube yet
The UI of the Bitshares exchange at Bitshares.org...sorry may have misunderstood..you may already be using the Bitshares exchange
Oh ok, I was using a different exchange, but got myself some bitshares recently :)
that' s my favorite move. the fact that you can do that is just amazing.
I have been working toward my BTS bag of 100,000 so my family can praise my name for generations to come :)
Don't forget to migrate your profits to EOS when it's up and running. EOS is going to be much bigger than BTS.
Make sure that, as an EOS holder, you are aware of what you need to do in order to have your tokens registered. It will come down to how many EOS tokens you have in your ETH account (matched with a registered EOS key) once the crowdsale ends and the token is locked.
Check out the EOS FAQ. Pay particular attention to item #21.
https://eos.io/faq.html
Bts will be a dapp on eos. People still will want to trade
Possibly but not necessarily. The main point is which provide more utility. EOS can do a lot more compared to BTS including running BTS on EOS. That's all I need to know to figure out which is the bigger deal.
I keep reading that the EOS Token has no real value as Dev's don't need to use it. Could you shed any light on this? thanks
EOS is currently just an ERC-20 token on Ethereum platform. It's nothing different from making your own token on Waves platform with just few clicks. When EOS platform release next year you can use your ERC-20 token to register yourself as an owner of a piece of "EOS blockchain".
Think of the token as paper gold. Technically it's just a digital thingy. If EOS is real and not a scam you can claim a part of it. It's just a promise. The devs can just take the ETH and decide not to give any ERC-20 token holder anything. So the token is theoretically worthless.
We just have to trust the devs to keep their promise and they have economic incentive to do that.
The eos token will be worth its proportional weight in free network bandwidth and decentralized encrypted cloud storage. So, dapp devs will have to have tokens they put up to be locked in a smart contract (therefore removing them from the supply of eos tokens able to be traded on the market) in order to deploy their DAPP on the network. The more dapps, the more tokens are locked up, the higher the price of eos goes
That's the real EOS that isn't even out yet. What we currently have is an ERC-20 token. In Etehreum it's harder to do. But on Waves Lite client I can make a token called STEEM under 60 seconds (If the name is not yet taken) and distribute it as I see fit. current EOS is like that. It's a lot like a promissory note.
Why do you think EOS will bigger than BTS ? Do you think BTS will be migrated to the BTS blockchain ?
Possibly but not necessarily.
Cobinhood is a DEX running on ETH though it's not as great as BTS. According to @dan ETH can be run as a single smart contract on EOS. That should answer your question.
You make a good argument ! BTS is offering a specific solution to a future major issue (hack of centralised exchange or government intervention) which I think could push its price paraboliclly higher !
lol same here
@tonypeacock our mission is synonymous
Thanks Tony for your work in building the Bitshares community. I'm sure that has gained you some more Bitshares. I hope you reach your goal of 100,000!
Definition of UNBRIDLED : (of an emotion) uncontrolled and very powerful-
ex: unbridled passion
Thanks to you, now I am holding a lot BTS now, waiting for the $300 in 2-5 years, I don't mind the wait :P
Hopefully its more like next year!
Damn @haejin.
Either you are a total nutter or I am going to have to fly over there in about 6 months and give you a big kiss on your forehead.
😁
Make sure you videotape it. Lmao.
This thing hits like he says it will and you can afford to come over as the video crew.
kinky lol
Haha.. Dont say that man.. Haejin may stop give us his analysis. And we can't afford for that to happen.
Nah I got it covered, I'll bring a 6 pack of beer with me.
Im sooo weird, can you help me @haejin? I lost everything
I upvoted you to get you back on your feet. heres $0.03
Thats all I got. Sorry :(
how did you lose it all?
Talking about the Chalice of Wealth, wow awesome gains!
So much optimism around BTS. Wish BTC would introduce it again.