The Longer You Wait The Bigger The GainsEverything you need to know is in the chart... wait for the hammer to drop on the monthly july or august, getting in now is not a bad play long term.
BSV
History repeats itself.Real Bitcoin all the time bullish long-term. Looking at the history, the chart and moving averages look similar.
BSV/BTC. Is this is end of BTC?I was taking a look at this earlier. It looks as if this is the bottom. I’m curious to what it could mean. I mean is this the lowest price we will ever get to convert btc bags into bsv. There is divergence and there is a strong negative slope which usually signifies a reversal. I like hearing your idea, let me know if I’m missing anything.
BSV/USD what is it doing?Do you think it’s gonna go up or down.
I keep seeing it holding the support line, it tried to go lower but it didn’t. So I assume it’s going to go up from here. I’ve entered a strong long position at these numbers. I left a little of my funds on the sidelines incase it drops but it looks highly improbable to drop. So I’m considering to go all in at this price. If anyone thinks other wise please let me know or private message me.
I’ve also been reading the Craig Wright vs kleiman court case, it looks highly probable that Craig will win. It seems the court cause is a coop to set the precedent of the dealings with bitcoin ownership. questioning from both side of the case make Craig look like satoshi and make kleiman look like an idiot.
Major altcoins looking for consolidationHi all,
Major altcoins (Top 10 by market cap excluding BTC and USDT) stand at $49,6 billion and attribute to more than a half of the altcoin market. The total altcoin market stands at $93.2 billion, down from $97 a week ago.
We saw a slight reversal do the downside thanks to last week's drop, which resulted in a pullback for all cryptocurrencies.
The major altcoins index dropped all the way down to $670 and hit the support level, without breaking it which is good news. On the other hand, the mid-term uptrend was broken and the price is now trading below both the 50 and 200-day EMAs.
What I will be looking from here is a support at $700 (if we follow the same logic as with BTC and ETH, then considering the main support level here is $670, then the index is on the right way up, building a higher low). Up, next target will be $735.
Cheers,
$BSVUSD Has an issue with Mystery Miners?? FIAT Vol is up 40%!BSV has an issue with Mystery Miners
A retreat through 170 is possible!
Volume is DOWN
Mkt Cap is DOWN
FIAT Vol is up by 40.5% move out to USD!!
What is going on with BSV??
Quick look at Major Altcoins indexHello all,
Let's look at how major altcoins are progressing these days. Here we have a consolidated chart for Top 10 coins excluding BTC and USDT. These are ETH, XRP, BCH, BSV,EOS, LTC,BNB andXTZ.
The current market cap for all altcoins (except bitcoin) moved up to $98.5 billion, so very close to the psychological level of $100 billion. It moved up by 2.7 percent for the last seven days. Additionally, BTC dominance slightly decreased during the last 30 days and lost2 percent, now at 64.7%, so some space for altcoins growth.
Going back to the chart, we can clearly see the $765 horizontal resistance where the index is struggling since the beginning of May. This is not just a random line but already provided resistance a few times in the past, most notably in September 2019. Then you can see how in January it was where price bottomed, so acting as a support. Once again, on March 9 - do you see the sole green candle there in the middle of the great crash during the COVID outbreak? it is where bulls attempted a comeback. Recently, we saw the stability of this level at the beginning of May.
So, a significant obstacle in bulls' way. The good news is we have an incoming price squeeze event and I will be looking for a break out of the triangle pattern in the next 10 days. If we surpass this major line, it will open the door for $785 and $810. Potentially we can see a re-test of the zone around $740-$750 hitting the uptrend before going up.
Cheers,
BSVBTC not a terrible investment compared to BTCInvesting in this coin would not have procured you a bigger loss compared to investing in BTC. Except TA now are weak. We can see that BSV trades in ranges. Currently it is sitting on the support of the upper range and clearly following the ichimoku cloud to the twist. RSI and MACD are bearish. Volume is dropping. If I was a financial advisor, which definitely I am not, I would advise selling into cash or BTC at this moment and buying BSV later at 50% discount.
GRIN THE PRIVACY COIN ABOUT TO EXPLODE NEXT TIME !after my new coin study i found out that Grin are the coin that will increase next time with possible breakout to above 1 usd+
i did expect before more coins that it will breakout : solove,omisego and more
See omisego example when i did add chart at price 0,50 , not even in 1 month time this coin did hit 2 usd.
And today i expect Grin will increase with min 50% or more at next time. we can buy grin on kucoin or other exchanges what you can check on coinmarketcap.
I expect a breakout on grin depending on more reasons. i will add this in my later post.
have good time
BSV around the apex move on the way !!!Beautiful positive divergeance at the right time.
BSV sets up for an around the apex of the bullish wedge.
This is very bullish when it happens !
Expect massive overperformance relative to Bitcoin in the short to medium term.
BSV - Breakout Alert - Strong Buy - 1 HourBITFINEX:BSVUSD : Strong Buy
Analysis Mehtod: Fibonacci & Wave Theroy
BSV Price Target: $1,400
Hourly Wave Count:
I suspect BCHABC will fail by September 2020.
Out of all of the Cryptocurrencies at the moment BSV has the most upside potential.
There has been a war between factions of cryptocurrency engineers (Restricted Protocol v. Un-Restricted Protocol) over Bitcoin's mass adoption protocol.
This was why there were 3 Forks from BTC creating BCH then BSV and BCHABC.
It is my hypothesis that only 2 chains from a specific protocol can exist. The third protocol that is created is an identical parallel Blockchain but its economics are flipped upside down.
This 'war' brought manipulation of exchanges and crypto prices. But, if there is one cryptocurrency that has been suppressed the most it is BSV. China would move hash from BTC to Mine BCHABC and BSV and then Dump all BSV earnings at certain times to prevent a prices from breaking out.
Please see the related ideas for further analysis and find more on FibMarketWatch.com.
Time to buy Satoshi's Vision?Macro Trend indicator flipping bullish. Bouncing of high time frame support. What do you think?
ETHUSDLooking at ETHUSD on the daily chart
* Price working its way up into the reload short zone
* Double top in price (Bearish signal)
* Bears technically still in control of volume but both bulls and bears are falling a sleep
* RSI really in no mans land atm
* Histogram has fired off a few bearish divs but now it is in convergence, no bearish sell signal yet
* POC is sitting all the way down between the 618 and 786 fib
With ETH looking very similar to BTC, I think BTC atm is the front runner and I need a few more signals for me to fire off a short.
Quick look at the major altcoins indexHi all,
The total altcoin market capitalization erased $4.6 billion of its value since Wednesday and is now at $83.8. In the meantime, all of the cryptocurrencies on our index ( Top 10 by market cap excluding BTC and USDT) registered losses for the 7-day period, except Tezos, which managed to gain 2.3 percent.
The rising wedge that was in the making since the May 10 drop resulted in a continuation of the general downtrend after hitting the longstanding horizontal resistance at $735 this Tuesday.
The major altcoins index could not move to pass the 100-day EMA and is now trading below all exponential averages used on our chart. It broke below the 50-day EMA yesterday for the first time in 30 days. During the last month, the price was using this indicator as dynamic support, and the loss of stability there is a little worrying.
What I will be looking for from here is temporary support around $666 (lol, I know), which has been an interesting level to watch in the last 2 months, supporting the short trends.
This should be followed by a bounce up to $735 hopefully. Let's not forget that level is also where the Fibonacci retracement 38.20 is situated, so it is an important part of the mid-term downtrend that started in February.
As always, we are using the altcoins index and its fluctuations, to better understand what the altcoins market is telling us, where we should open or close positions, be patient or pay attention, or just monitor the developments. So, let's just sit and watch how the current setup plays out when touching $666 and if we will be able to recapture the fast EMA.
Cheers
$BSV Possible FLAGBSV seems to be consolidating for a ride.....now which way UP or DOWN?? Pointing to a possible break UP but we will see!!
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