BTSUSD AN ANOTHER POINT OF VIEW
Updated
Hi guys,
Since this week, BTCUSD have gained a beautiful +20%.
I had this perspective in my older post :
We saw huge sell pressure on the BTSBTC last days which gave us suppressed price but yersterday we saw a huge volume appearing after 0h00 UTC. Why ? Well if you add 4h macd, once neutral, turning in the bullish zone to this :
We might have an hidden inv SHS too here but i will wait pattern confirmation before assuming this.
i would say for now that our target in USD in 0.33-0.35.
I think newbie trader dont know this aspect of trading :
Example :
if you have 1000 BTS worth 1 BTC, and BTC is worth 10 000. Then your 1000BTS worth 10 000$. So if you trading your BTS for BTC you will end with the same amount in USD.
If BTS stay phasic with BTC and you have 1000BTS. BTS follow BTC, 1000BTS now worth 1.2 BTC and BTC now worth 12 000$. If you traded before your BTS for 1 BTC before you will only have 12 000$. But the holder will have 14 400$.
Thats what the BTSUSD charts shows us. Holder is more richer than the one who sold (which make suppressed price on the BTSBTC pair) earlier this week for BTC. While BTS holder made 75% (in USD) since point C and BTC made +50% (in USD).
So trader sold one of the fastest blcokchain tech for BTC and accuse losses. This is great to hear but i dont know if they have the capacity to see these things since they looking for quick gains.
Since this week, BTCUSD have gained a beautiful +20%.
I had this perspective in my older post :
We saw huge sell pressure on the BTSBTC last days which gave us suppressed price but yersterday we saw a huge volume appearing after 0h00 UTC. Why ? Well if you add 4h macd, once neutral, turning in the bullish zone to this :
We might have an hidden inv SHS too here but i will wait pattern confirmation before assuming this.
i would say for now that our target in USD in 0.33-0.35.
I think newbie trader dont know this aspect of trading :
Example :
if you have 1000 BTS worth 1 BTC, and BTC is worth 10 000. Then your 1000BTS worth 10 000$. So if you trading your BTS for BTC you will end with the same amount in USD.
If BTS stay phasic with BTC and you have 1000BTS. BTS follow BTC, 1000BTS now worth 1.2 BTC and BTC now worth 12 000$. If you traded before your BTS for 1 BTC before you will only have 12 000$. But the holder will have 14 400$.
Thats what the BTSUSD charts shows us. Holder is more richer than the one who sold (which make suppressed price on the BTSBTC pair) earlier this week for BTC. While BTS holder made 75% (in USD) since point C and BTC made +50% (in USD).
So trader sold one of the fastest blcokchain tech for BTC and accuse losses. This is great to hear but i dont know if they have the capacity to see these things since they looking for quick gains.
Note
or more easier to understand this way : look BTC is up 8% today while BTSUSD is up 11.4%. exactly want i wanted to explain previously.;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;)))))))))))))))))))))))))))))))))))
Trade active
Soon you will able to pay with BTS. No more credit cards !!! : steemit.com/bitshares/@chasegapo/palmpay-crypto-payments-or-for-any-business-or-fast-or-free-or-bitsharesNote
hae Jin projection, match mine but he didnt use log chart so different targets ! : steemit.com/bitshares/@haejin/bitshares-bts-needs-to-breach-the-upper-white-line-of-resistanceTrade active
Exactly what i was talking about in my last BTS post !! : steemit.com/christianity/@stan/bitshares-the-world-s-first-bible-constitution-and-sec-compliant-blockchain
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