BITSHARES - Downtrend broken, Indicators are pointing up

[ArmorySegWit]

https://www.tradingview.com/chart/BTSBTC/GaOckC6K-BITSHARES-DOWNTREND-BROKEN-STOCHRSI-CROSSING/

UPDATE:
https://www.tradingview.com/chart/BTSBTC/s70iEFHA-BITSHARES-CUP-AND-HANDLE-OUTBREAK-CONFIRMED/

[aceptamosbitcoin]

Well, BTS is close to it's lowest bitcoin value from a long time.

So if you have free resources, it's a good buy at the moment. I will try to swap some other alt for BitShares for short term profit.

[prabakharras]

bitshares getting overly excited https://www.coingecko.com/en/price_charts/bitshares/usd 

[ColdZerk]

Why BitShares? There are a lot of coins on its minimum now.
BitShares is not strongly promoted, but they have the fastest speed ofc - 100k trans/sec.

[ivankoh]

Why BitShares? There are a lot of coins on its minimum now.
BitShares is not strongly promoted, but they have the fastest speed ofc - 100k trans/sec.

While the cryptocurrency market is falling sharply, BITSHARES is making a great breakthrough in this market. Those who invest in BITSHARES in the past are really happy about this result.

[Yuuto]

I think there will be a pump but not as big as the previous two.

The first one took BTS to 10k+ satoshi which is pretty high. It'll take some time for any pumps to eclipse that figure for BTS.

I wouldn't call it hot either. Just one green candle doesn't mean that it's a trend reversal. It could be a bull trap for what everyone knows at this moment. If it was actually the start of a rally for BTS, then I'd expect it to go up to around 3k sats before dying out.

Congratulations to anyone who bought BTS at the dip, though. Price has gone up a respectable 17% today.

[Eternu]

Why BitShares? There are a lot of coins on its minimum now.
BitShares is not strongly promoted, but they have the fastest speed ofc - 100k trans/sec.

While the cryptocurrency market is falling sharply, BITSHARES is making a great breakthrough in this market. Those who invest in BITSHARES in the past are really happy about this result.

Bitshares is promising crypto, I can not deny that. But what happened in past doesn't mean it will happen again now. People "were" happy with it, but that doesn't necessary mean they will be happy with it in the future. Just have that in mind.
But if downtrend is really over, many investors will invest again. So this is the right time for investment, because now we could expect another pump in its price. Also if BitShares continue its good performance, new investors will come, which will rise price even more.

[ArmorySegWit]

BITSHARES already up 10% since I posted this.
Look at the broken downtrend, look at the volume, look at the indicators. It will go up like crazy the next days/weeks.

Get your tickets for the train before it is too late.

[kul0n]

Now is a great time to consider BITSHARES in terms of investment, it is at a historic low, with which the beginning of an upward trend is already observed.I think now a very good signal for buying a coin

[ArmorySegWit]

Why BitShares? There are a lot of coins on its minimum now.
BitShares is not strongly promoted, but they have the fastest speed ofc - 100k trans/sec.

While the cryptocurrency market is falling sharply, BITSHARES is making a great breakthrough in this market. Those who invest in BITSHARES in the past are really happy about this result.

Bitshares is promising crypto, I can not deny that. But what happened in past doesn't mean it will happen again now. People "were" happy with it, but that doesn't necessary mean they will be happy with it in the future. Just have that in mind.
But if downtrend is really over, many investors will invest again. So this is the right time for investment, because now we could expect another pump in its price. Also if BitShares continue its good performance, new investors will come, which will rise price even more.

Why BitShares? Because it can be traded with Margin on Poloniex AND it's on Binance.
Show me one other coin that is that low right now and you are able to trade with Margin?


"But what happened in past doesn't mean it will happen again now."

You cannot say this when it comes to indicators and trendlines. They work periodically.
The market is at it is, when the downtrend is broken and the indicators are showing a strong buying signal, then the market WILL go up.

It's the same with the Bitcoin, just the other way around. Bitcoin is still hot and very wanted, but as the 1w Indicators were all up like crazy, the market HAD TO go down. No other way.
Now the Indicators at Bitcoin are down again and it can grow again. That's just how it works. Same with BTS/BTC.

[dexone]

Bitshare should definitely be in any crypto investors' portfolio. It is way better that those over-hyped ICOs.

[7Sage]

lets hope

[7Sage]

 

[lakimens]

Either that or bulltrap.

[vit05]

Bitshare should definitely be in any crypto investors' portfolio. It is way better that those over-hyped ICOs.

I agree. It's fast, very fast. It has a great team of developers. It has been on the market for a long time, being tested several times. It offers options that others only glimpse. Definitely an excellent investment.

[ArmorySegWit]

Either that or bulltrap.

Bulltraps do not break trendlines with that momentum. They are just false breakouts with less power.

[ArmorySegWit]

Told you

[ArmorySegWit]

FUCKING TOLD YOU

[witch]

https://www.tradingview.com/chart/BTSBTC/GaOckC6K-BITSHARES-DOWNTREND-BROKEN-STOCHRSI-CROSSING/

Nice to see BTS getting the love it deserves. One of the most interesting dezentralized exchange projects out there imho.

[ArmorySegWit]

Can a forecast be more on point?