BSVUSD
BSV: correction to 150 or growth from current?BSV draws a good, high-quality four in its first global wave, which, in my opinion, should go a minimum of 1750 USD. The correction is nearing completion. The only question is whether there will be a last decline.
Lower range of bullflagLooking at one more possible dip, but still think this is a decent place to buy if you're willing to go through another -10% drop.
can we break out?the candle needs to break out hard for us to stay in the trading triangle
stoc is showing a slow down..
Let's go!Looks like a breakout is likely, but watchout for that resistance ~270-280.
I plan to sell there, and then reload on the pullback.
Need another pushMay be in wave 1 of 5, approaching the final upwave of said 1 of 5.
Current target is ~$270, whereby I'll probably sell, and wait for a pullback down to ~230-240 range.
If this plays out and we stabilize in that 230-240 range, I'm going all in.
Ready to Go!Just bottomed out right on the golden pocket. Great retracement for a major wave 1. Could this next phase be Wave 3 where the largest gains are typically made?... one can only hope, and read the charts.
I will say that I'm not sure what fundamental reason could spur this, but the price is in a nice area of support so risk/reward is low.
I will be especially bullish if we can reclaim the 240-250 region and bounce off current levels again.
Other than that, things look good to buy at these levels.
Bitcoin SV - Triple Three Correction.We could be seeing some form of a triple three correction here, if so Im expecting a rise to around 240ish before the drop continues.
BSV buy back zoneThe RSI is heading to 50. Both the trendline and BB's base moving average is acting as support at that price range.
Watch for a bounceCurrently sitting on a .382 fib line, which could result in a nice bounce for all those that have been bleeding in the crypto markets.
No doubt that it's possible that we could continue to the .618-.65 fib region, although this might be a nice swing trade.
Bitcoin SV - Looks like the corrective C wave hadn't completedPrice continued to drop which brought me to re- evaluate the chart, we are still expecting the larger impulse, but it looks like we need to wait for this current corrective C wave to finish.
IF WE SEE A BREAK OF 235 I will go with my alternative count, which I will post if it happens.
Either way, the large impulse is imminent.
Bitcoin SV - Waiting for a sharp drop to complete the pullback.One more short drop down to hit the BUY zone.
We should then see the impulse continue.
BitCoin SV LONG IDEA - UpdatedThat was quite a good correction, presenting buy opportunities in the fire sale.
We will see a move towards $1000+.
Big announcements at CoinGeek London in four days.
Look for the decoupling.
BSV(Bitcoin Sh#t Version) 1st analysis on a true sh%t coinNo idea why anyone in the world would believe in this coin but it is crypto after all and so many sheep to pull the wool over their eyes it ain't funny.
As you can tell I am not a fan of pathological liars caught out so many times that they require a new lie to overcome the last one. That is the point of no return where you will defend your lies to the death or for money.
Anyway, sentiment aside let's talk pure analysis on Bitcoin SV(sh#t version).
As you can see there is a clear definition of resistance/support on the lime green trend lines shown. The lime green trend lines shows major support or resistance.
The 2 different Fibonacci retracement indicators shown are a larger and a smaller indicator. The larger fib level indicator at 0.618 shown by the red down arrow was hit and the market reacted to a downwards movement indicating a bearish movement.
BSV then bounced off the EMA 55 in yellow but is still currently trading under the EMA 10 in blue and MA 21 in orange on the daily chart shown by the green down arrow.
BSV needs to break the smaller Fibonacci retracement indicator level of 0.618 @ $332.86 to gain a bullish sentiment. BSV would also need to break the EMA 10 and the MA 21 it is currently trading under. If BSV breaks these it would then need to break the larger Fibonacci retracement level @ $368.63 to regain a move back to the $450 region.
The purple trend line is an indication of whether BSV will hold this smaller uptrend to regain traction. If BSV falls below this trendline then expect BSV to drop to the larger lime green trendline. If BSV breaks this level expect it to move further down to the EMA 55 in yellow and if BSV breaks this level a further drop to the red horizontal resistance level @ $175.00
Hopefully it drops to what it is worth.....1 cent, but more than likely it will move back up with the rest of the markets as there is a bullish sentiment throughout crypto currently.
Happy trading legends!
HTBB
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Logarithmic BSV channelAn amazing upward trend channel is created! Here is my forecast for the next year using the current chart. In this year possible $1000. In 2021 possible $10 000!
This is real Bitcoin! Over time, more people will understand this. When hashrate BSV breaks BTC, then everyone has the right to call BSV real Bitcoin. As Sathosi wrote, the dominant chain is real.
This is not an investment tip. This is my private opinion.