BitShares BTS is a cryptocurrency that powers BitShares. BitShares is a peer-to-peer distributed ledger and network that can issue collateralized market-pegged smart coins known as bitAssets. We have been waiting for this cryptocurrency to reach a strong weekly imbalance of around 0.08. BTS USDT is doing as expected. It took about three weeks to reach the demand imbalance at that price level, and it’s reacting as expected.
Take a look at the weekly timeframe cryptocurrency analysis for BTS USDT Bitshares versus Tetherus. It has taken some time for this cryptocurrency to pull back to the imbalance, but it has finally reached it as expected. Some of the cryptocurrency traders at Set and Forget trading community are already long on this crypto. Hopefully, it will rally as expected.
Watch BitShares BTT USDT cryptocurrency video analysis for April 28th 2021 below. It shows you how this trade was planned before this crypto reached the imbalance. If you want to learn how to trade using our supply and demand trading strategy, learn how to trade cryptocurrencies
This is the kind of price action technical analysis you will learn in our cryptocurrency trading community. You will learn how to locate new supply and demand imbalances on cryptos and trade without using any indicators, no news, no fundamental analysis. Just supply and demand imbalances and price action.
Trading supply and demand imbalances are ideal for beginners and those with a full or half time job, you won’t need to stay in front of the computer all day long trying to move price action with your mind.
If you want to learn how to trade using our supply and demand trading strategy, learn how to trade cryptocurrencies
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