Priceline of Bitcoin SV / USD has formed a bullish gartley and entered in potential reversal zone.
We have a 50 simple moving average strong support within the potential reversal zone which will be helpful to push the price action to hit the sell targets soon insha Allah.
MACD is also turning bullish.
I have used Fibonacci sequence to set the targets:
$BCHSV hit the Golden Pocket (fibs btw 0.65 and 0.68 retracement) with great precision! Is the a conscience? Or could we see a big move to the upside? Place your bets now traders! I would put a stop loss at ~$120.00. For a more brave trader, or with smaller positions, $115 or $100 might look like a better stop area. With this coin not being as liquid as others, it...
We have a major trend line to POTENTIALLY test. But mainly, after a 5 wave move, you always take the entire range to find the retrace. the .618 level and the BTC range of .021 - .023 are probable and should be seen as a buying opportunity. .033 was a triple top in late 2018 and should provide some resistance. after that, the fib extensions on this first (of many...
Thank you for understanding the graph! Either if we can break the resistance then we go to $ 360 or we go down a little lower then we go back up to +30%
you had to do nothing and stay careful
I will update if I have more than 15 likes.
BitcoinSV is getting added everywhere and more people are using BSV to buy things, the future is looking good for this coin, defenitly a coin to buy and hold. we are slowly getting out of the bearish market
these things at time had inverse relations ships with btc as well as have very strong trends when not in consolidation patterns
I ve tried to get in BCHSV at what i thought were bottoms which faild been stopped out of a long trade for 200% percent to the upside 3 times maybe 4 but dont think that means that it wont happen thats its just not happening think for...
Bitcoin Cash SV (BCHSVUSDT) is giving out a very clear reversal signal, so it is very likely to move up and generate some good profits.
You can see the line I have marked on the chart as stop loss (brown dotted line).
Price went below this line just to quickly bounce up, forming a Doji candlestick (marked light blue on the chart). When this candlestick shows...
Bitcoin Cash SV (BCHSVUSDT) is starting to move up with good momentum and volume. Let's look at some signals for our own learning and entertainment.
- The RSI is bullish after being oversold recently.
- MACD strong bullish crossover.
- Increasing green volume.
- Great momentum.
- Market turning green.
Expect high targets to be hit.
Details on the chart.
Considering setting a buy order here at 75.44. Has hit this low zone ~10 times in the last few days without pushing through so good support it seems.
If my buy order hits, I'll set a stop of .5% and hope to hit that 76.64 mark. If that happens I'll try playing ping pong with half the stack, bouncing between those zones. I'll leave the other half with a stop above...
Looking at the 4-hour chart for SV, I see a repeating fractal as it approaches this white support area. In addition to hitting this support area, its close to completing a falling wedge pattern which is also bullish. The MACD is curving at support and bullish divergence can also be seen. SV tends to come out of this area quite explosively. It could be a good...
BCHSV Currently Forming a Channel Ipulse and correction Formations.
So wait For Next impulse to take entry-
You Can Also Set own Risk Reward ratio .
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
Whe saw an decend up-trend with already 2 daily Resitacns tests. if the 4H lvl holds the coming days whe can set long orders add the 4H lvl and above. First targetpoint/take profit lvl would by the daily untested lvl. if this close above whe can make higher targets in the futur.
Trade safe , cheers!