There are many signals that put BITSHARES at the horizon of the next bull run start.
The recent announcement about a chain which will link BITSHARES AND EOS, the so-called BEOS is one of the development that can bring both coins at a higher high (read this post from @stan Larimer talking about: https://steemit.com/bitshares/@stan/sovereign-sky-doc-s-fictional-guide-to-the-brown-eos-beos).
Also the consideration by the "The China Center for Information Industry Development (CCID), classifying BITSHARES as the third most valuable crypto in terms of Technology, Applicability and Innovation" is also a good probe of the promising future awaiting not only for BITSHARES but also STEEM and EOS.
Considering the Trading chart, EOS has "travelled" along a persistent triangular wedge, retracing more than 90% of its ATH since January this year....
Nevertheless, seems to me that this correction is more than complete now, having break out the upper Resistance already a few days ago:
Additionally to that, in short time chart, ie 1h timeframe, a nice Inverted Head and shoulder pattern seems to be on going:
Also, MACD in the 4h-chart indicates a sharpy APEX:
Time will tell, but seems to me that we are not going to see much better time to buy this altcoin than now.
Good times ahead!
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently.
Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
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by toofasteddie
That's highly possible, considering the fact that BTS, STEEM and EOS have been on the top of the list of blockchain with the highest activities. I feel something big is about to happen with these three. It's a time filled with vast opportunities in the crytosphere. Have you heard about Digitex Futures too? A zero commission futures trading platform that will be launching by the end of this year. I would like to know what you think about them.
I will have a look thanks
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Esto podría pasar..
pero me decanto más por otro retesteo del suelo antes de despegar
Me parece que tienes razon
Sigue la linea de tendencia
Toca suelo nuevamente y rompe linea de tendencia bajista, pero podria seguir lateralizado hasta que bitcoin repunte
Double bottom y parriba... si, tambien podría ser, siguiendo a bitcoin
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Good analysis @toofasteddie ... as always! and especially thanks for the notice!
I expect a Bitahares bull run before the end of the year
Probably earlier I think...
Good analysis. However, there is some bad news. Today I received an email from Bittrex, that as a holder of BTS, they want to inform me they are delisting it by November 5th due to low volume trading. Bittrex was one of my first exchanges, well before Binance came to town. If they dump BTS, I'm afraid it will put some big pressure on its price.
Everyone trades BTS on the BitShares decentralized exchange. So get your BTS over there, the value should hold better than if you leave on Bittrex. You actually might lose your BTS if you leave them on Bittrex.
Bastards
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Bon anàlisi com sempre, esperem que així sigui..
Merci!
Gracies company... aviat veurem el final del tunel...