From a TA point of view, BTS have finish his correction. Thank god it didnt trigger a panic selling to lower expected target. Indicators are very healthy and show strong bull signals. I can now put the bearish count behind us. I must say that BTS have a nice strong hodler base as you can see we pushed perfectly this line :
In my anterior post i posted on the 29 january signs of reversal, you oculd see this as i buy signal as i never explicitly told my followers when to buy when to sell.
According to EW rule. Wave 3 is at least 1.62x wave 1 Y values. Which mean somewhere between 14 000 sats or 17 000 sats. Positive trend are going to attract alts coin investor as they are so rare since BTC bearish run push everything down, this phenomonum is going to give nice impulse wave to BTS.
Cheers, Take care, Simon
Commentaire
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I putted wave 4 deeper than it may be land. Anyway i will post update when wave 3 pivot value will be reached
Transaction en cours
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1 of my followers, Gemini47 (tradingview.com/u/Gemini47/), shared is count work. We reworked together the count apply fractals and EW rules
Like Mr. N. Hill used to say : Collective knowledge/collective mind is infinite and lead to succes.
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BTS position 3 now 4 in poloniex volume ! #3 in the blockchain activity matrix (blocktivity.info/_. Very good support, no huge panic sells volume.
We need this bad boy to cross the signal :
Remember, BTS performing well in this bearish market because holding BTS is holding one of the fastest blockchain assets on CCM. You are holding physical structure like DEX and a nice exit door a.k.a. bitUSD. This btc bearish market may turn in a opportunity for BTS to have some light between all this low quality coin.
I have consolidate my portfolio to almost 50% BTS.
Transaction en cours
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at this point we should focus on btc price fluctuation. more reliable for indicators fiability :
what is good to see is BTS doesnt show lower lows while BTC yes. Still holding. Im for the longer run. Nice to see BTS backed up to 3500. I expect BTC to have one last lower lows. If BTS hold at this levels we will have a bright futurs while some others coin gonna be in recovery.
@Bullion_Money, Im in the AriseBank telegram group and Jared say he will continue AriseBank business mission while cooperating with SEC. But i agree this is one kind of a bad news, but still we see that the answer from him was fast and it makes me feel like i should wait to have details and see hows everything will follow.
Bullion_Money
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@simonmercier, It doesnt matter sir. Dont wait with your money on the line. Wait with your money on the sideline. U can always buy in even if its 5-10 cents higher or it could be 5-10 cents lower.
PPL everywhere calling .09-.21 cents. and PPL calling bank a scam since dec
UnknownUnicorn1540828
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@Bullion_Money, one more lower low for btc and its gonna complet wave 2. after that wave 3 should show up with btc expected bounce at the final low.
djtreacy
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OMGGGGGGGGGGG !!!!!! YEEESSSSSSSSSSSSSS SIR!!!
darkandblue
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Lykke? Living in Switzerland and never heard of them before...they need to make much better marketting
UnknownUnicorn1540828
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@retiringsoon1, what its really the news here is FIAT DIRECT ACCESS No need btc anymore, just fiat wire and buy bts or sell for USD/EUR/AUD, etc. Lykke is a recent player. Be patient my friend. Empire are not build in 48 hours.
darkandblue
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@simonmercier, i hope they get bigger! Dont want to keep sending my money to binance forever. If Swiss do it it will be good. Saying that as a non-swiss
Coindgr
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Thanks for the pdf. How is that BTS is B- and steem is B+ ? Aren't both using the same technology graphene? What's the advantage of steem over bts?
UnknownUnicorn1540828
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@Coindgr, i guess its based on the adoption. BTS need more exposure. the thing is BTS is so decentralized that their is only few people that promote the tech, we dont have a marketing director like a centralized corp. I say : spread this good news. explain what is BTS, graphen and DEX. Explain to others why we are among NEO, EOS & ETH. People are going to jump on board !
The SEC has shut down Airis Bank. bITSHARES IMPLICATIONS
SEC Stop Aires Bank ICO amid Scam
markets.businessinsider.com/news/stocks/sec-shuts-down-arise-bank-600-million-alleged-ico-scam-dallas-texas-2018-1-1014571716