One More DropI'm feeling one more drop for BTC to $42,000
BSV looks like it wants to reset completely.
This is what we sign up for when we invest in BSV. The long hard road.
I really think BSV is going under $200.
I sold 100 at 437 and forgot to put up a chart.
I have $340,000 USD waiting to buy back in.
I'm not going in yet. What do you guys think?
BSVUSDT trade ideas
SHUA @ RelayX Decentralized ExchangeThis one is for those of you that have followed me for a while.
I am making a 5+ year trade with this one.
This is basically buying DOGE way way back when it was worth nothing.
So for those of you that do not know, BSV has a decentralized exchange that is pretty new.
Go to www.relayx.com to see it.
The very first coin they listed was a test coin someone created. SHUA
I believe this could eventually become the DOGE of the BSV community.
It was started as just a test of the token system on BSV, but it has grown to a market cap of $650,000
This would probably rank it around 1400 on coinmarketcap
I saw this, and at first I just ignored it. But it ate at me for a while.
DOGE has a market cap of like 30-50 billion just because.
Due to it's fixed supply of 65,100,000 SHUA coins. It is trading right around $0.01 with the current market cap.
I have noticed other whales buying anything below $0.01
As a long term believer in BSV, I decided to buy this coin.
I bought a lot around $0.03 all the way down to $0.008
I really feel like the floor on this thing is around $0.01
I know it can't really go too much lower. If the price drops to say $0.001, the market cap would be like $65,000
I could easily buy the entire market supply just by myself. And I would be willing to do so.
This play is very long term. I don't expect this coin to move this year.
But as BSV slowly gains more users, people will dabble into this token.
I mean people have always joked about DOGE getting near $1
And it will probably happen this December.
I am holding SHUA for as long as it takes. I will sell probably at $1 minimum
Either BSV succeeds and SHUA market cap takes it up like a DOGE or I lose everything I put into it.
It's recognized as the first token created on top of bitcoin.
So I am looking for a 100x-1000x-10000x-100000x
To compare from coinmarketcap:
Sunday Dec 15, 2013 DOGE
market cap was $3,488,669
price was $0.0005
Sunday April 18, 2021 SHUA
market cap was $538,701
price was $0.009
SHUA could easily get to $0.05 and be worth $3,000,000 just like doge in the early days
That's why I put some in.
I can see myself regretting not buying in years from now.
Can you see?
BSVUSDT D4: BEST Level to BUY/HOLD 100% gains(SL/TP)(NEW)Why get subbed to me on Tradingview?
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BSVUSDT D4: BEST Level to BUY/HOLD 100% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: BSVUSDT 4days/candle chart review
::: updated/revised outlook
::: chart looks good /strong
::: price contained within bullish channel
::: speculative bullish setup in progress
::: focus on buying 5-10% dips now
::: BULLS seek to BUY/HOLD exit +100%
::: 100% gains BUY/HOLD setup
::: exit near point D +120% gains
::: BULLS got a cycle low at point C
::: and BUY/HOLD after pullback
::: BULLS get ready to BUY near C
::: TP bulls is +120% gains later
::: exit near point D +100% gains
::: expecting re-test of heavy resistance
::: details: see chart
::: FINAL TP is +100% gains
::: recommended strategy: BUY/HOLD 5-10% dips
::: TP BULLS +100% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY IT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BULLS
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
BSV RocketBSV has been consolidating for quite some time now and is ready to rocket similar to the previous pumps.
I am expecting this one to run further than the last 3.
Imagine what price will do when CSW has his day in court.
Price targets are $650 then $1200
The fundamentals of BSV rate it as is cheap under $5000
BSV = Black swan of Australia coming to claim what is rightfully his
BSV Needs To Break ~$267 For the last couple of months ~$267 has proven to be a key level for BSV. The previous local tops in early April, mid-February, and early January all failed to close above that level and hold it. Over the last few days we've been increasingly pushing up against it but still, it fails to hold.
To break and stay above it will require a High Volatility Funnel (HVF) on a larger time frame. I think that's exactly what is happening right now. The price just tagged the 0.618 fib level at ~$254 and is going back up. I think we will likely see it temporarily break the blue line at $267 and come back down to the yellow trend line before decisively breaking out. However, it is possible it'll just break out from here.
I'll consider this idea invalidated if we break below the 0.65 fib level.
BSV Massive left shoulder BSV has been significantly underperforming most of the major alt coins and BTC for the last several months. High volatility funnel over the last couple of months and the geometry of the price action over the last year indicates to me that a major move up is imminent for BSV.
Bitcoin SV// UpdateHowever not greatly surprised, the literal exact inverse of what I expected to happen....happened.
Price tested the long term uptrend as a result of the drop in BTC and is finding support around 200.
Price has found support on the midline of the butterfly formation. Didn't enter on the short, but I will look to catch the long.
Check comments for prev . analysis.