ascending triangle target lines up with next level of resistance
first RH post 123 bottom and breakout of trendline
historically has when it has broken out has produced a 3.5 - 4x however this time has had a long period of accumulation and there are 2 court cases coming up where i believe will be positive on the price action for BSV so maybe we are looking at a larger rally this time
i like the way that BSV has been moving within this fib trading range last pump went to 1.382 extension of the range presently holding above the 61.8 level if the next pump went to 1.618 that would be $630 various fib projections which have produced the target area wedge slowly closing, expected break to the upside due to: Court cases - Case involving...
Accum dist up Obv down
again, nice time chart, to press play on, for your viewing pleasure
this last week candle the sellers are exhausted on a 61.8% retracement from all time highs incoming insane price movement catalysts within next 12 - 24 months: craig to move satoshi coins craig to win libel case against peter mccormack, adam back, vitalik buterin, samson mow, hodlynaughty... BTC to lose Bitcoin brand name, BSV to be called Bitcoin again on all...
the fibonnaci extension from the high of July 2017 to the low of October 2017 somewhat predicted the high of early Jan 2018 (fib 3.618) and the high of April 2018 (fib 4.236). If you planned to take profit around these levels you would have done very well. now drawing a fib extension from the high of April 2018 to the probable low of Dec 2018 - gives us a...
log weekly line OHLC/4 to plot trend lines
log trendline from sep 2015 as support support and resistance mapped from weekly OHLC/4 line chart
.786 fib meets log support and resistance mid november
I recently published a weekly chart that indicated a breakout early July, with a comment of $200-$400 EOY purely from speculation on strong fundamentals of the project. Now i have zoomed out on the daily candles in log scale to find resistance that supports the $200 EOY price prediction.
Levels of resistance on the weekly candles indicates a breakout early July. Fundamentally expecting $200 - $400 by end of year.