BSV, Will reach the all-time high in a few weeks. I'm thinking that the BSV has still got the energy to grow up fast. Even Craig is Satoshi or not (thinking that he might be Satoshi more than 50%), no way to prove this argument and also this situation and the way they are building BSV is quite right on the way of the blockchain industry. These sources(Craig and...
I haven't been updating my Tradingview this week as I have been busy in my new trade room with another amazing trader in the space. However, we have had this pattern mapped out for a few days and it looks like we are ready for the impulse to break and head towards the 310-350 area. If anyone interested in joining our trade room discord you can send me a DM on...
BITFINEX:BSVUSD remains a Strong Buy. Analysis Method: Fibonacci & Wave Theory Immideiate Target: $380-$470 Near-Term (30-60 days): $1,400 Please see previous BITFINEX:BSVUSD analyses for further information Long story short, COINBASE:BTCUSD was compromised by two competing factions of crypto engineers. The factions working on the protocol...
Degrees are updated as mentioned in the video. I've added some addition detail: invalidation prices and fib for wave (iv). With more time on the chart vs doing it on the fly testing out video making I do think what I have labeled as the alt move has a 50/50 chance at the moment. In both cases, I personally prefer to already be long and not miss out on the upside...
the candle needs to break out hard for us to stay in the trading triangle stoc is showing a slow down..
#BCH Remains in bearish trend since the break of the trendline at the top. Under resistance of EMAs + trendline. Lot of work to do to show some bullish momentum.
Looks like a breakout is likely, but watchout for that resistance ~270-280. I plan to sell there, and then reload on the pullback.
As you can see, every day and month the trend is getting stronger! I think that on BSV will be create more bubbles, bringing the price to new historic levels. The $1,000 limit will certainly be an important level at the end of this year or in 2021.
May be in wave 1 of 5, approaching the final upwave of said 1 of 5. Current target is ~$270, whereby I'll probably sell, and wait for a pullback down to ~230-240 range. If this plays out and we stabilize in that 230-240 range, I'm going all in.
***Missed mentioning in the video - $276 is the key level to watch. Entering this area of resistance will validated a truncated fifth wave. OTHERWISE, expect another low to complete wave (v).*** The wave (4) count became more complex. The triangle formation appears to be a ((b)) wave triangle of a larger abc pattern acting as the X wave of the larger fourth wave...
Just bottomed out right on the golden pocket. Great retracement for a major wave 1. Could this next phase be Wave 3 where the largest gains are typically made?... one can only hope, and read the charts. I will say that I'm not sure what fundamental reason could spur this, but the price is in a nice area of support so risk/reward is low. I will be especially...
We could be seeing some form of a triple three correction here, if so Im expecting a rise to around 240ish before the drop continues.
Craig Wright, the creator of BSV and probably also Bitcoin is going to start a legal fight for copyrights to the BTC and BCH database. Craig believes that these designs are based on the original Bitcoin without authorization. It is likely that Wright will seek a court order that BTC should not use the Bitcoin name and be listed as Segwit Coin on the exchanges. If...
Currently sitting on a .382 fib line, which could result in a nice bounce for all those that have been bleeding in the crypto markets. No doubt that it's possible that we could continue to the .618-.65 fib region, although this might be a nice swing trade.
Price continued to drop which brought me to re- evaluate the chart, we are still expecting the larger impulse, but it looks like we need to wait for this current corrective C wave to finish. IF WE SEE A BREAK OF 235 I will go with my alternative count, which I will post if it happens. Either way, the large impulse is imminent.
high 313/324/330 stop lose 274/277 low under 200 / 175ish next down 120/ 109 ish then back up to new ATH
Could be a buying opportunity after the next major correction in the alt coin market.