BCHSVBTC trade ideas
Will BCHSV volatility bolster robust support accumulation? BCHSVBTC volatility has challenged my personal indicator wrangling skills -- almost as much as NMR (whatever the pairing) or YFIUSDT, and it's got me to thinking about whether such price movements as we've seen during this recent BTC resurgence are receiving the attractive support the market seeks to sustain value into the mid-term.
PAID will do the trick to keep my head clipping waves, tall and short. But the cadre of my 'veloccilators' alone does not a fundamentals analysis make, so I have to ask the community if value will hold this time, or for how long? Can mildly choppy waters satisfy hodlers of the otherwise overwhelming urge to surge with others through each proverbial stadium (in this case, internet) wave, and bring on the tidal force of long term store of value at much higher registers over the long term?
BSV on it's way to overtake BTCThis week BSV surpassed BTC for Daily Average Bitcoin Transactions Per Block by Network a key indicator of usage/utility.
coin.dance
Transaction fees are the lowest on BSV.
Mining profitability is the highest on BSV.
BSV has the highest Daily Average Bitcoin Block Size By Network and largest block size capability at 2GB.
BSV is proving itself to have the most usage, scalability, and best economics.
Bitcoin SV Strong regression trend0.91 regression downtrend on the 4hr chart, smaller time frames can be less reliable with regression analysis, in which i refrain from doing this often, however this is a strong trend. Red fractal indicates following of the trend and a small downward move to the 0 fib line.
Bitcoin BSV is going to pump any day now. Another 100% upAs you can see, I have never drawn on TV before, nevertheless, I've spotted a pattern and wanted to share it with you guys.
Clearly, BSV is an underdog and still very much undervalued in comparison to other coins.
So the pump you have witnessed recently was nothing but long expected adjustment. More to come.
Now, I am not saying this is true but rumour has it that Facebooks global coin will be a tokenized token on top of Bitcoin (BSV).
That's why nChain is pushing for unlimited blocksize in the first quarter of 2020. Maybe, maybe not, will see.
BSV, potential in general, is pretty huge, it could go up to 4 and even 5 digits.
- tech
- basically BTC without all the flaws
- run by ADULTS: Connelly, Ayre, Wright are all like 50 to 60yo and professional approach.
- also, Calvin’s recent acquisition of Squire cements a strong future
BSV has completed the very first wave of upcoming historic runWe have a major trend line to POTENTIALLY test. But mainly, after a 5 wave move, you always take the entire range to find the retrace. the .618 level and the BTC range of .021 - .023 are probable and should be seen as a buying opportunity. .033 was a triple top in late 2018 and should provide some resistance. after that, the fib extensions on this first (of many many many upcoming waves in larger magnitudes) are .043 .065 .087 and 0.1
and the earth is flat
BSV to reign in a positive and thruful way as people wake up to reality
BCHSV/BTC Outlook
in 4 hour chart, Ascending triangle pattern sighted very clearly..
but it tell something different by looking with indicators
see a potential support or resistance through fib retracement line.
DMI : DMX is still rising mean momentum strength is still strong for bull for mean while.. DMI+ is decreasing but still maintain above DMI- which is bullish momentum still dominate
MACD : Macd line is decreasing, see a orange line for divergence with price action. also the buyer volume is not following a price action as it's lower higher than previous high..
RSI : though it still moving upward entering overbought area, it still lower than previous high,
the divergence is invalidated once the indicator line move above the orange horizontal line i mark in each indicator.. also invalidated ascending triangle as a whole if the price action do broke down the below triangle's trendline or prolonged sideway.
Volume MA also show a divergence as it is decreasing from previous high.
please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.
craig wright is satoshi (point of maximum financial opportunity)denial anger bargaining depression acceptance.
doesn't matter if you don't believe it or don't like him, we're here to make money. denial = we're at the point of maximum financial opportunity right now for BSV.
bsv is the most illiquid coin on the market, this will rip harder than anything you've ever seen.
BCHSV BSV delisting was on purpose - catch some cheap bitcoinLooks like it was an organized attack on BSV!
Try to catch some cheap coins here.
It will drop more on last minutes before delisting, binance market maker will empty own wallets.
That was a marketing campaign for attracting more people for binance + binance main net and bnb.
Use bittrex, polo or hitbtc. BSV will hit in next 2-3months new ATH!
good luck all!
#craigissatoshi