BitShares (BTS) Could be Done with a,b,c,d Waves and so e wave could be next!!
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SUMMARY
Bitshares (BTS) is in the midst of consolidation within the boundaries of a symmetrical triangle. The below chart shows how now the waves a,b,c,d are complete and that leaves wave 3 to finish. HOWEVER, you need to understand that not EVERY triangle always has a,b,c,d,e waves. It's most common to do so (about 60% of the time) but there are about 40% of instances where the triangle busts out just after a,b,c,d! So, let's see what happens. Me? I;m targeting to adder in a bit more IF wave e decline happens.
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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Legal Disclaimer: 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.**
BTS
Long and Strong BTS! When it hits $2.00, I start slowly cashing out!
HODL! Why cash out when it can potentially reach over $300? In fact, I think it will reach this price far earlier than Haejin predicts, since this market is growing at an exponential rate. I believe EW can give a reasonable time frame for predictions, but doesn't take into account enormous market growth since this is such a new industry.
Haejin does not predict time, only price...
True. It will hit mote than 300. EOS Steam Bitshare cant go wrong.
Thanks for the tip!
I agree seems to be some consolidation happening before we breakout.
I sold some of my LTC for BitchShares ;)
Let’s hope for the e wave so we can load up on more BTS. This has been immensely profitable but I do wish I had the courage of my convictions and put more in initially!
LOL! Imagine that! Someone wishing to have price go lower. That's a laddered thinking!
Could you please do an update on Litecoin the Chalice of Wealth?
Yeah! Sold part of my LTC until the price became ridiculous...
I agree with you, I think the price will skyrocket soon!
I need some help with my Open Ledger account (BTS).
Does anyone know what to do if the Open Ledger exchange will not execute a buy, or allow withdraws because of "insufficient funds" to pay the fee even though you have an ample supply of BTC in your account?
Yes, I know what's happening. You don't have any BTS (Bitshares) to pay the small fees. I can help by sending you a Bitshare that you can use to pay those fees.
Of you can use @blocktrades to convert another of your crypto assets into Bitshares and have it transferred into your Bitshares account.
Hope that helps!
Thanks so much for responding. Will give it a try
No problem. Let me know if it doesn't work and I'll do what I can to help.
I just bought BTS yesterday using openledger. In my first attempt, I pressed sell ETH and then buy BTS. This gave me the same message you had. Then, I went back to the list of coins, pressed buy BTS and then, sell ETH. It worked then.
Thanks farmgal, will look into that too.
Noooo! You should have kept your Eth to buy EOS! ;)
Looks like wave e made it, we should hopefully see a burst anytime now...
I think we're going to see yet another dip tbh.
Glad I got more on that last dip