Yeah I've read a few places too that calls it around $3k. There seems to be another support line at $2600 if it drops below 3k.
I don't know much about TA but starting to now. What resources did you use?
I still need to read more about BTS and how it differs from OMG, WAVES, OMG, and BLOCK. Looking forward to learning about it at the meetup.
could be. I'm feeling confident about the 20 EMA still at the moment.
I have tried to share everything I have learned on Steemit. I list my sources to everything I share, but you don't need to know a bunch of stuff. learn the very basics of how to read price charts - moving averages, macd, stochastic rsi. honestly, I watch the the price movement relative to the 20 EMA - exponential moving average. Sounds complicated but it's incredibly simple. If you train yourself to buy and sell based on these indicators + fundamental analysis you're golden. If you panic buy and sell without paying attention to the trends, you're gonna have a bad time.
https://steemit.com/cryptocurrency/@richardcrill/cryptocurrency-trading-fundamental-and-technical-analysis-basic-indicators-and-btc-usd-chart
https://steemit.com/trading/@richardcrill/trading-cryptos-and-forex-today-i-learned-the-blade-runner-strategy-and-started-making-money-with-it-immediately
https://steemit.com/cryptocurrency/@richardcrill/getting-started-trading-altcoins-my-top-5-picks-for-small-cap-cryptocurrency-investments-for-2017
IMO BTS is better than all of them. It's been around for a while and people wanna jump on the new shit, but i see no real improvements on what bitshares has done. They are finally making it pretty too, so it is finally getting some recognition. As Steem and EOS blow up, I expect that BTS will too. All speculation of course, but that's my 2 satoshis.
Can I ask how do you see Bitshares profit going up? Just the more people use the higher the price?
They have a commissions from DEX operations. So they need to increase trading volume, I think.