SUMMARY
Bitshares (BTS) is to become the GOLDEN STANDARD for ALL Exchanges. A Decentralized Exchange will be the norm NOT ONLY for cryptos but also for NYSE, NASDAQ, Amex, CME...GLOBALLY!! This is NOT fundamental analysis on my part. I've already done my Price ONLY based analysis and am trying to communicate some probable news and events that could arrive to justify the forecast.
Below chart shows Bitshares (BTS) taking the baby steps as shown by the my targets that have already been hit and exceeded. On a bit of a longer term perspective, the $1.60 is not too far for BTS. I believe we are working on wae 1 and after 2, waves 3,4,5 should make orgasmic lunges upwards to hit $1.60 or HIGHER!!
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
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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
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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.**