I am back again with another market analysis. If you have no idea where I have popped up from that is ok, check out my blog which will give you a little insight into my trading journey.
LITTLE BIG MOVEMENT LATEST BLOG POST
Time for what you came for :-)
BCH/USD - Ok! before you state that I have the wrong Bitcoin Cash, I don't doubt there are debates between ABC and SV. I think that SV is true to the Bitcoin whitepaper which means in my personal opinion SV is Bitcoin Cash. Plus there is more opportunity to buy at the right value (VWAP) with BCH SV. As of writing, we are right on the VWAP level at $80.00, and before today we had entered into the value area (GREEN BOX). There is an exciting opportunity to buy BCH SV for cheap, and I would hold this buy order for at least a 15% rise in price to $92.00. I do not doubt this current bullish trend we will break the $92.00 price, but you will need to remember that BCH ABC & SV are correlated with the FAT overpriced older brother BTC. Once BTC starts moving again, both ABC and SV will begin to rise.
"Stay away from buying BTC, my fellow readers and traders. When you look at the underlying technology BCH ABC and SV do what BTC can do, and they are valued at a much lower price. YOU HAVE BEEN WARNED" - Nathaniel
Next update will be in the coming week - Thank you for your love and support.
To make my life easier I have built a custom pine script indicator, which gives me an indication of where the value price is based on the criteria I used for my market analysis. Watch this space :-), but I think it is publicly available already, so be my guest and use or enhance the indicator. Just let me know if you make any improvements as it could help me as well.
Regards
Nathaniel - "THe BiPolar TraDer"
Little Big Movement
LITTLE BIG MOVEMENT LATEST BLOG POST
Time for what you came for :-)
BCH/USD - Ok! before you state that I have the wrong Bitcoin Cash, I don't doubt there are debates between ABC and SV. I think that SV is true to the Bitcoin whitepaper which means in my personal opinion SV is Bitcoin Cash. Plus there is more opportunity to buy at the right value (VWAP) with BCH SV. As of writing, we are right on the VWAP level at $80.00, and before today we had entered into the value area (GREEN BOX). There is an exciting opportunity to buy BCH SV for cheap, and I would hold this buy order for at least a 15% rise in price to $92.00. I do not doubt this current bullish trend we will break the $92.00 price, but you will need to remember that BCH ABC & SV are correlated with the FAT overpriced older brother BTC. Once BTC starts moving again, both ABC and SV will begin to rise.
"Stay away from buying BTC, my fellow readers and traders. When you look at the underlying technology BCH ABC and SV do what BTC can do, and they are valued at a much lower price. YOU HAVE BEEN WARNED" - Nathaniel
Next update will be in the coming week - Thank you for your love and support.
To make my life easier I have built a custom pine script indicator, which gives me an indication of where the value price is based on the criteria I used for my market analysis. Watch this space :-), but I think it is publicly available already, so be my guest and use or enhance the indicator. Just let me know if you make any improvements as it could help me as well.
Regards
Nathaniel - "THe BiPolar TraDer"
Little Big Movement
