BitShares (BTS) Short Term Target $0.147 before $0.21; Enjoy the MASSIVE PROFITS!!
SUMMARY
Here is Bitshares (BTS/USD) and the bull flag is quite aboslute! The white Elliott Waves reach towards $0.21 or higher.
The blue waves are subwaves of the first wave 1 towards $0.21 and its target is $0.147 or so.
Check out how the BTS/BTC pair is almost exact match to the BTS/USD. I'm no leaning towards that when both pairs have such high similarity index, it confirms the direction even more so!
The FCT/BTC is as bullish and a bit behind the MCO/USD with regards to breaout. Damn! The Bullish Downward Pointing Symmetrical Triangle is delicious and I've targeted 0.0099 BTC for a 266% return!
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
Follow me on Twitter for Real Time Alerts!!
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
Legal Mumbo Jumbo: 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.**
Factom is loooooking good !
BOOM BABY
Excellent news. I was looking to ladder out some profits but I am going to hang on for a while now.
Good, looks like i'll recover the money that blocktrades "feecked" me at the end of wave 5 :/
@haejin, could this be a good oppurtunity to get into SNC before it finishes a cup formation?
Whats the likelihood of this not completing its formation?
End of 4
@haejin - resteemed, have you done any long term charting on Bitshares, going out say 5 years, do you think it could ever crack a dollar long term?
Yes, $342 is the 3-7 yr target
@haejin - wow that would be great - would love to see some of your thoughts on your long term targets say 5 years for some of the popular cryptos, like Ethereum, Verge, Steem, EOS etc. I think such a post would be pretty interesting, to have that long term big picture context.
@haejin, thank you for the article, hope you're right. But don't you think that the huge number of circulating coins (3.6 billions) could prevent price to rise too much? Is 342$ a realistic target ?
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Another Ark of Wealth!
Hi Haejin, what about XVG, do you see any update from your last analisys ?
Thank you, I have gained some knowledge of your Bitcoin post