Looking at the 4-hour chart for BCHSV, we had an excellent breakout a couple days ago which turned out to be a profitable move for us. Since then, the price has retraced back to the . 618 retracement mark and is finding support on the 100MA. I think if this support holds that we see another nice jump. Bullish divergence can be seen on the MACD indicator since...
I think the bottom is in based of this chart. this is a logarithmic chart and it looks VERY GOOD. we broke the long term trend line in orange BUT we bounced back in :(
I think we can hold support ontop OR bounce off that bottom Barrier Triangle.
notice how that triangle also sports a ADAM and EVE pattern? V bottom followed by a Round bottom. this is bullish...
Bitcoin Cash SV (BCHSVBTC) Is Bouncing Off Support. Here are the signals that I am seeing right now:
Trading above EMA10 after a strong bounce.
Bullish engulfing pattern (daily candle must close above 0.01677 for this signal to be confirmed).
RSI trending up with momentum.
MACD bullish crossover.
Increasing volume/volume breakout.
I was expecting a move...
Bouncing hard from oversold RSI levels, UCTS buy signal flashing in 6h,12h,1D charts.
MACD turning and starting to rise..
Volume is still really low for a comfortable breakout...
if it fails to break now, next could be near ATL..
Targets on the chart. #BCHSV
A couple bullish indicators have me thinking BCHSV is ready to break out.
1) It's at the end of its falling wedge
2) Bullish divergence on the MACD and RSI
3) Support can be found on both MACD and RSI indicators as well
4) Has already passed the .618 Fib Retracement mark
Rsi higher lows, there are 2 support lines, can already go up from orange line, but can also go down to red support line. There is a lot of volume in it. The distance of the first 2 points is 50% so targets can go 50%. If orange support line breaks, the red and the green ones are the support
BCHSV (Binance) or BSV (Bitfinex) should follow BCHABC or BAB
BCHSV/USD maybe uptrend becuase BCHSV/BTC showed Strong bullish divergent.
Time to Building Position waiting BCHSV mini Bullrun.
Bitcoin Cash (BCH), Bitcoin SV (BSV), Waves (WAVES)
22 February 2019
Waves client pauses trading of BCH to take a snapshot of balances. BCH holders will receive BSV equal to the amount of their held BCH.
We already have an active trade for Bitcoin Cash SV, this altcoin always has problems with its names... (just a quick joke).
So this is a friendly reminder to let you know that this one is about to move. Since this is one of the most manipulated altcoins in the market, you can expect big up when it does its breakout.
First, here is our active trade for BCHSVBTC:...
Commodity : BITCOIN CASH SATOSHI VISION
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-2 weeks
Investment in trade : 10% of the total Trading Balance....