Crypto Update: Bitshares Bullish Trend Pattern by tjpezlo

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bitshares · @tjpezlo · Aug 17 '16 (edited)

$0.11

Crypto Update: Bitshares Bullish Trend Pattern

http://www.binarytrading.com/wp-content/uploads/1-bullish-and-bearish-flag-patterns.jpg



**Bitshares is Up by 14% in the 24 hour price chart at Polo as of press time showing bullish flag pennant pattern.**

Watch your charts traders

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👍 vato, substance, kingofchaos, tjpezlo, adamt, n25052016, globe, solamen, sijoittaja

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@kingofchaos · Aug 17 '16

Nice to see it, I hope it runs up to some real value now

👍 tjpezlo

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@substance · Aug 17 '16 (edited)

Seeing some action on bittrex too..

[![0.00000976BTC-BTSBitShares2016-08-1707-25-47e5917.md.png](https://www.steemimg.com/images/2016/08/17/0.00000976BTC-BTSBitShares2016-08-1707-25-47e5917.md.png)](https://www.steemimg.com/image/4IIPU)

Probably someone just trying to score some cheap bts. What do you think @tjpezlo ?

👍 tjpezlo, sijoittaja

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@tjpezlo · Aug 17 '16

possibly! its up by 20% now... Since steem boom been monitoring bts charts. they share something in common. the devs

👍 tjpezlo, sijoittaja

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@sijoittaja · Aug 17 '16

Price is more behing in bitshares own exhange, I mean BTS: OPEN.BTC pair.
Last trade price was 0.00000954

👍 tjpezlo, sijoittaja

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1 reply

@substance · Aug 17 '16

Same here.

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@substance · Aug 17 '16

Talk about a buywall :

[![0.00001000BTC-BTSBitShares2016-08-1707-59-03b74ca.md.png](https://www.steemimg.com/images/2016/08/17/0.00001000BTC-BTSBitShares2016-08-1707-59-03b74ca.md.png)](https://www.steemimg.com/image/4ITax)

👍 kingofchaos, tjpezlo

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@kingofchaos · Aug 17 '16

Its the usual market manipulators. 
Probably also a lot of naked shorting going on, holding many coins down. 
As long as theres nobody really unpacking it'll stay at that level.

👍 ppitonak, tjpezlo

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@tjpezlo · Aug 17 '16

i couldn't agree more

👍 kingofchaos, tjpezlo

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1 reply

@tjpezlo · Aug 17 '16 (edited)

that's so bullish. Thinking of putting a stop limit buy on that wall. that would go parabolic should it reach that wall.

👍 tjpezlo

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@tjpezlo · Aug 17 '16 (edited)

<a data-flickr-embed="true" data-header="true"  href="https://www.flickr.com/photos/143515564@N03/28938305592/in/dateposted-public/" title="Capture"><img src="https://c1.staticflickr.com/9/8503/28938305592_3cd66db28d_m.jpg" width="212" height="240" alt="Capture"></a>
Seeing some dump action after it reached 20%, selling some of it just to be safe and wait for new trend reversal before buy in.  will keep a close watch for you guys.

👍 substance, tjpezlo

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@tjpezlo · Aug 17 '16

<a data-flickr-embed="true" data-header="true"  href="https://www.flickr.com/photos/143515564@N03/29044118545/in/dateposted-public/" title="Capture"><img src="https://c2.staticflickr.com/9/8060/29044118545_78e8398b1b_m.jpg" width="240" height="150" alt="Capture"></a>

If its catching too much attention and trade volume is too active, with that enormous buy wall and with this chart history over the year, i think old time traders know what these means.  @kingofchaos @substance @sijoittaja

👍 kingofchaos, tjpezlo

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@noisy · Aug 17 '16

Could you explain what this means? :)

👍 tjpezlo

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@tjpezlo · Aug 17 '16

if the coin went stable for a long time at the bottom with a little anouncement or hype could make its price shoot up. Income potential is high although potential risk is also high. Wait for an announcement and jump right in before you miss the train

👍 tjpezlo

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1 reply