Bitshares (BTS): Lower Low was Marked; Is a Breakout Next?

in #bitshares6 years ago

SUMMARY

Last Bitshares (BTS) update had called for a lower low as per below chart that was used:

As the lower low had completed and price has is rising, we need to now get a full impulse set of waves that would ideally take the price above the top white line of the wedge pattern. Should a decisive breakout take place, the onset of a sizable rally would be due.

Should price be repelled by the upper wedge line, the abcde wave action would be likely and so a lower low of $0.13 or so would be targeted. However, this is the alternate count and not the primary. Much depends on how price behaves at the point of the upper wedge line.

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.

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Would be nice to see Bitshares turn around from here.

I am buying more BTS at 13 cents, 10 cents and 5 cents

Faith is not belief without proof, but trust without reservation. I have faith in Bts.

I'm happy either way. If it is repelled I can sell some and pick up twice as many, or the sooner it shoots up through the wedge the sooner we get back to ATH's

@haejin информация позитивная

Keep up the good work haejin. You are a very good tutor :)

This highlights the fact that many fail to see or want to admit. There is only one coin crossing the finishing line, the rest are pipe dreams. If you have not learnt that Bitcoin is the only coin that is going to make it then you have learnt nothing at all.

Alts have one purpose... to make money for Bitcoin.

Haejin! My man!!!! Ask and you shall receive. Thanks for the BTS TA update. I have a fortune invested and I know it will be taking off. BTS and EOS all the way!!!!!!!!!!!

RIght on, so your Primary is no longer a lower low across the board? If your primary for BTS is that's it's done the wedge ---- I'll presume BTC/LTC/XVG are all the same pattern :) let's get impulsive tonight

 6 years ago  Reveal Comment

Lol the irony of you calling Haejin out when you're unable to use proper grammar and punctuation >,< holy fuck this community kills me - what a buncha neck-beard, mouth-breathers. Go back to the call centre you work for in India.

The whole steem system is fucked and doomed to not survive when any child can get on here and "block" every person who is interested in a topic.
what freakin right do you have to come to me on the street and say "you can't read that info or listen to such a person"??? none, ill punch you in the face you cretin, i'm minding my own business and who the fuck are you to tell me what i cant look at or read!!!
Now here is SPECIFICALLY where steem is crap and or the people who set the dumb ass childish rules are WRONG.
This maggot @asiahajranajma states "haejin crap.Lier loser.99 TA for bitcoin all failed.Bullshit.Followers are new and blind." and the steem "law" allows his opinion to stuff up everyone else who does not agree with him/her/it .
here is where it is wrong he states, "followers are new and blind".
So lets take that to a court of law, 1. i am a follower, i am not new. 2. i am not blind.
2 points that he used stating his thoughts/opinions that ARE WRONG.
FUCKEN WRONG STEEM MANAGEMENT, you're all idiots.

Yeah Danny I feel your frustration but don't let them get a rise out of you. That's their goal just to irritate us; there's really nothing they can do but fudge up our rep scores which is fine with me. I'll be honest with you I had a large % of my portfolio in STEEM/SBD which I've decided to sell off completely (Already got rid of my STEEM) purely because of how flawed the system is. I understad they were trying to make a decentralized community where there's self moderation - but it failed.

Steemit might continue on but it's not an investment for me.

Totally true @erit2018
Imagine someone on here doing a post about a Charity or some similar positive thing for the world and humanity and then you get 1 keyboard warrior who is not quite right in the head who then comes along and blanks out all replys on that post, that could happen on this "self moderated" bullshit world of steemit.
i wouldnt give a rats backside if anyone disagreed with someone elses opinion, thats fine but to be able to blank out every persons response is just so unneccesary.
it will cause the failure of the whole thing due to one reckless unintelligent moron who fucks with the whole crowd.
a bit like a terrorist causing havoc to the community!

I agreed:)

XVG:

IOTA:

BNB:

RIght on, so your Primary is no longer a lower low across the board? If your primary for BTS is that's it's done the wedge ---- I'll presume BTC/LTC/XVG are all the same pattern :) let's get impulsive tonight..

For example, Verge, IOTA, and BNB seem to be all in the exact same boat; we're either at the bottom or they all need to do another lower-low along with BTC.