BitShares (BTS): Cup & Handle Progression

in #bitshares6 years ago

SUMMARY

Note: Great News for BitShares Exchange! Jared Rice Sr. is developing some awesome & new UI that is scheduled to release in less than 60 days!!

Bitshares (BTS) is patterning out a Cup & Handle formation as shown below. The handle is still in progress and is moving as an ABC ZigZag (5,3,5) sequence. The full five subwaves (blue) of red A is placed and red B is also complete. The subwaves of red C have 3,4 and 5 remaining. The retrace will likely be 0.78 Fib zone before a turnup.

On a longer term scale, the fractals are still in play (white & blue boxes). The Cup & Handle of the white fractals has it so that the handle was short in time and price. No matter, since the MACD is still winding up to support the coming breakout.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: 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.

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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--

Sort:  

Bitshares will be one of the TOP performers this year!
There are alot of projects that are being worked in bitshares ecosystem.
If you want to know more i suggest you join the bts Dex on telegram and bitshares community.

This haejin post has been downvoted, it is a @flagtarget.

READ: Resteeming @haejin's 8th 9th and 10th post of the day as target to be flagged.

They resteem 3 of @haejin's posts a day, and we concentrate our efforts on removing the potential rewards from those three.

Then @flagfund pays "The Braves" who flag those 3 posts every day, as you can see their posts are doing quite well.

Screen Shot 2018-04-28 at 9.28.33 PM.png

Screen Shot 2018-04-28 at 9.28.51 PM.png

For the smart people, Bench (BEN) is already on sale at the BitShares DEX.

Note: Great News for BitShares Exchange! Jared Rice Sr. is developing some awesome & new UI that is scheduled to release in less than 60 days!!

I thought Stan had said that Bench didn't have a coin since it is effectively Bitshares 3.0 ?

You thought wrong.

hmm do you create that coin ? Doesn't look very official to me considering it has zero volume

Do your due diligence! Benchcoin-official created the asset BEN
2018-03-11 15:51:15 CET

You clearly know more than Stan Larimer - we'll done

Do your due diligence! Stan Larimer has 20.000.000 Bench (BEN) so he knows ;)

With respect I still don't see this...

how do you know this ? do you have his handle on cryptofresh ?

how can you buy BEN when there is zero voulme ?

why does literature on BENCH say it uses bitshares as its token not BEN ?

cheers

Bitshares has done extremely well so far during this downturn in BTC...really excited to here about the new partnerships and updates in the next few weeks and months...it wouldn't surprise me to see it be one of the top performers

Loading...

Thanks for the analysis @haejin :) This is actually the first time i'm leaving a comment on one of your posts.

Excelente análisis, muchas gracias.

this is unic post go on man

Very good information in my think good luck every your job

Coin Marketplace

STEEM 0.35
TRX 0.12
JST 0.040
BTC 70638.80
ETH 3565.34
USDT 1.00
SBD 4.73