So far BSv doing great! Lots of goods news on their side and few unfortunate manipulation attempts by lobbyists . Moving consistent but some traders are still afraid to make big moves. Past day or so Volume is getting very thin. Not enough to break $120 level. As a result BSv might need to go back to $84-86 and retest the previous low and strike from there. From $84 level we should bounce hard and we will have few options once we break $100 level again. If we do have enough volume and momentum I believe we can break $120 in no time and reach new highs. This is a great project and I can see serious gains on the long run. Keep open minded and read what CW trying to tell us instead of reading some uneducated hater's or troll's comments. NO trolls will be tolerated on my chart. We are here to build crypto world again. Not to destroy it. Good luck Traders!
Trade closed manually
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Well unfortunately low volume push. We are not doing this right So i closed my position at @$100 right now.I will wait for better entry point like the last time or will not rejoin. This push cannot happen with this sort of volume but yet people pushing this out of blue. This will only frustrate holders and prospect buyers. We need to go down to mid to high 85-88 level and restart this with momentum and high volume by possibly creating double bottom formation.This will open the gates for new highs and let new buyers to enter in safer position.
Order cancelled
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This volume is a Joke. Absolutely funny. Deeper correction awaits for us. People didn't even even tried.Greedy is one thing being stupid is another. I can't even see the volume column. So tiny yet we managed to go up $4.5 .Last hope for Bsv to stay over $80-$84 range. We are at $90.40 at the moment but I am pretty sure we are going back down to $80-$84 range. I will wait till then.I wont make a move till I see some action.
Patience is the key, please visit this thread for more info regarding BSV current situation.
SpaceCatZ
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@destin2008, I find this charts way too complicated. But I do look at it time to time. It confuses me further. I made it simple for everybody. We have to go down to $84-88 (85 most preferred under 80 would be fail)range,absolute min is $92 but probably wont be enough to push build momentum and volume otherwise we are stuck in tight range. I am glad people still buying at this range. This helps rsi to be adjusted before going down further. People opening positions now won't lose money.They will just make slightly less. My plan is solid weather it happens or not up to people to decide. We can all win or lose together.
destin2008
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@SpaceCatZ, I dont get those charts either. I only read the comments.And you are 100% right about going down before it pushes up. But also there is more to it than just the charts.I believe if it was not for major manipulation, this alt would be already above 120 long ago.
People behind ABC are constantly selling BSV to keep its price in check. But sooner or later they will run out of resources.
BSV is like a soccer ball being held under water... it will pop hard once they let go of it.
SpaceCatZ
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@destin2008, Again We should not blame Abc players for any of this. I think that issue between split chains resolved. Weeks ahead I picked a side and sold my abc coins for BSv. Most of us picked sides. Not necessarily manipulation. More like preference. I support Bsv at the moment but I expect to see some action before I can switch back in long position. Hoping Next attempt would take us to new heights but this needs to be done properly with right settings. Otherwise If we get stuck in this range for long, I would leave BSv alone for a while and look at other options in the mean time.