BSV - HOW WE GET TO TARGET 2!Hey Everyone,
BSV has been running at snails pace over the last few days while BTC have been having a small wave party... where we all got an invite.
It was fun as now we can buy more BSV as it is just about to take off.
So breaking down the chart, BSV moved in triangle patterns, each and every chart develops it's own pattern and forms a pattern memory from the traders that buy and sell. So how BSV is tending to move, is triangle up, quick move up, triangle break down, form a flag, then we should get another move higher.
Tradition charting says the length of the flag pole from the first move will form the basis of the target for the next move. Ironically that takes us to target 2 from my previous BSV Chart.
BSV is a scalpers dream, it has moved all week in $10 movements allowing book end sells and buys!
REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION
(minimize your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!
<3 Lisa
DISCLAIMER:
The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...
PS make sure you give me a like, that way you get updates as I post them.... :) <3
BSV
BSVUSD updateAfter the impulse a flag appeared, it did not work out; nevertheless, it helped to avoid a rapid rollback down. Now, the probability of a collapse to $ 180 has significantly decreased, although the Power balance indicator signals a decline. Most likely, the rate will drop to $ 200 and stay in a flat by the end of the weekend. Starting from Monday, the volatility should increase. It should be noted that the 38.2% Fib correction cannot be completely ruled out.
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Bitcoin BSV is going to pump any day now. Another 100% upAs you can see, I have never drawn on TV before, nevertheless, I've spotted a pattern and wanted to share it with you guys.
Clearly, BSV is an underdog and still very much undervalued in comparison to other coins.
So the pump you have witnessed recently was nothing but long expected adjustment. More to come.
Now, I am not saying this is true but rumour has it that Facebooks global coin will be a tokenized token on top of Bitcoin (BSV).
That's why nChain is pushing for unlimited blocksize in the first quarter of 2020. Maybe, maybe not, will see.
BSV, potential in general, is pretty huge, it could go up to 4 and even 5 digits.
- tech
- basically BTC without all the flaws
- run by ADULTS: Connelly, Ayre, Wright are all like 50 to 60yo and professional approach.
- also, Calvin’s recent acquisition of Squire cements a strong future
BSV has completed the very first wave of upcoming historic runWe 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 many many upcoming waves in larger magnitudes) are .043 .065 .087 and 0.1
and the earth is flat
BSV to reign in a positive and thruful way as people wake up to reality
If you want them to perish, you must make them madThe recognition of blockchain is based on decentralization. We expect an unmanipulated market, but we have seen a shocking scene in the digital currency market. Whatever BSV's hype logic, it goes beyond what we know, and I can't see why the SEC would decide that the digital money market is not rigged, or why institutional money would feel comfortable putting investors' money there. Although BSV's hype is his individual behavior, but we must not take it lightly, a lot of history is due to excessive madness.
If you want them to perish, you must make them mad
LONG U.S. Copyright Office - Craig Wright is Satoshi NakamotoSome say he isn't some say he is. Does it matter?
Volume is highest on record, already risen 100% from an hour ago.
If BSV hits ATH from here then that is a 100% gain.
How much weight will this decision have?
$BSV has bottomedBottom is in, looking to add to position on retrace to green box, future levels marked - but this thing's going to infinity.
Bitcoin SV 131% Explosion (The Bullish Altcoins Market Is Back!)We are just getting started... The cryptocurrency market is getting hot and it will only become hotter in the weeks and months to come.
The small market cap. altcoins are going to be generating massive and fast profits, which we can use to increase our Bitcoin holdings, that's why we trade against BTC.
Now, feel free to hit like... and let's get straight to the chart:
Bitcoin SV never saw any bullish action since its launch bull run back in late 2018 (green box to the left). After this bull run, there was only bear action for this altcoin.
On the 10th May, a classic move to by market makers (and their bots) can be seen marked with a blue circle. This is done to activate all the stop-loss and make people lose their tokens. At the same time, this candlestick with its long wick pointing down is also a signal that massive bullish action is on its way. This was confirmed later with a strong breakout above EMA10.
BSV (or Bitcoin Cash SV) made it to take out EMA50 as well and challenged EMA100 and higher. It is now trading below EMA100, but there is a good probability that it will close above it before the daily candle closes. If it doesn't, any close above 0.01091 (EMA50), would send a strong bullish signal.
We are looking at very high volume, which validates the strength of this move. 131% profits in just a few hours.
The RSI had a massive jump after showing clear bullish divergence. The MACD also gave out the same signal before the breakout.
Bitcoin SV (BSVBTC) is the latest altcoin to break above resistance and prepare for the next cryptocurrency market bullish wave. This might be seen like a very strong and too big move, but trust that this is just the beginning, there will be so much more action that it will be hard to believe what is going on.
Just as all these altcoins pairs and projects hit new all-time lows... They will also hit new all-time highs in late 2019, in 2020 and beyond.
(Once you are down, the only place left to go is up).
I've marked some targets on the chart above for those trading this pair. If you have any questions, feel free to use the comments section below.
Conditions for change: A close below EMA10 would negate the above signals and turn BSV from bullish to bearish. In the meantime, Bitcoin SV is extremely bullish and additional growth is expected in the weeks to come.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
IS BSV THE CRYPTO HONEY BADGER?Hey Everyone,
Let's talk BSV, everyone seems to have an opinion, yet BSV just keeps doing what BSV does. BSV is the Honey Badger of crypto, it moves when you least expect it to and when it moves... it REALLY moves.
Our last move took a little over a month BUT made a huge 130% profit, out next move set out in the targets on the chart is set to be a massive 150% so for those that say they hate the BSV... all I am hearing is you hate money... 150% Profit, you can't go wrong.
As a trader, I am open to trading ALL coins and tokens, regardless of who created them, who the devs are, if they are in a tradable pattern, and going to make me money or coins depending on what you are trying to achieve, I am trading! End of Story.
And BSV doesn't care if you don't trade... because there are plenty of traders and HODLers alike that will...
We are currently holding around 120ish, but could see a small dip before heading higher... or maybe not if the honey badger comes out to play ;)
REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION
(minimise your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!
<3 Lisa
DISCLAIMER:
The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...
PS make sure you give me a like, that way you get updates as I post them.... :) <3
Bitcoin SV [BSV] TrendlinesThe MACD is falling diverging on the bearish side as well. 4-Hour chart also suggests that the inflection point is near. However, on the four-hour chart, the approx probability of bull and bear is about 25% and 75% respectively.
BSVUSD spikes as Satoshi Nakamoto identity revealedWhat else can I say: from $60 to $195 in a matter of minutes. LOL ;) The kay level now is $100 technical support.
Contract is not terrible, terrible is no disciplineContract is not terrible, terrible is no discipline -- again on the importance of trading standards
BSV is the big star of yesterday, we can't prove the truth of the news, of course, there is no need, because it is a woven story, really lifted the veil is meaningless. Let's discuss the risks of the contract on a case-by-case basis. From a screenshot of everyone in the community, said that some people get rich overnight, do a BSV contract, ten minutes to earn a million, when we envy, and someone screenshot said, the king burst. The argument that followed was that contracts were too dangerous. In fact, in the past year, we have seen and heard too much discussion on this issue. From the insertion of ok pins to the uncorking of bitcoin, the market has never stopped talking about cutting leeks in the contract transaction. And I also once wrote an article, analyzing the logic of unplugging. Without further elaboration, we are not going to discuss the issue of the integrity of the exchange. From a normal point of view, we cannot make the inference of guilt first, otherwise it will be meaningless.
But put aside the problem of the exchange not to say, only said in the contract trades the bursting position question, whether can avoid. What is the point of a contract deal?
First of all, in the past month, there has been a lot of discussion in my own community. People have been wondering about my idea of spot hedging. Since I am long, why not make long orders? I don't think it's a problem because it's just financial common sense. When you hold the spot, if the price goes up, you can make a safe profit, if the price goes down, the hedge can avoid the risk. But what if you hold more than one order at a time, the price goes up by a factor of two and the price goes down by a factor of two? Losses. Some people say is not long? Yes, it's right to be long, but the analysis is based on a prediction of market factors, and since there is a prediction error rate, do you think that when your risk is magnified by 10 times or even 100 times, the original 1% error rate, what will happen?
Second, what is the point of hedging, since long, why hedging? The same logic, based on the probability of the problem, we can not guarantee that long will go up, even if the unilateral market, you may also cause losses, but this hedge is not short, can not be confused.
Third, why short? We can choose to sell all of our COINS in the downside, but there are a lot of transaction costs and uncertainties. If you don't sell, you're taking a loss, so shorting is the best thing to do. If we control the position, even if the direction is wrong, but spot appreciation, can also hedge some of the loss of the contract. So shorting is the preferred form of commodity trading rather than going long.
Going back to yesterday's implosion on the BSV, we discuss another issue, the importance of trading discipline.
One of the questions I want to ask in our planet talk today is why we had a lot of losses in the past month and a lot of gains in April. Again, I'm providing analysis, what's the problem? I just concluded, because they felt at the beginning that my strategy was too conservative, that I was bearish 100 points, and then I went down 300 points, and I looked for a little rally, and then I had a big rally. So your conclusion is, my direction is ok, as long as I look short, let you hedge, then open a single empty, and here the problem is very clear. Your trading standard is my analysis +, not trading discipline. Actually in the planet, I repeatedly are trading discipline and gave each couple manual, let everybody again and again, but I'm sorry, someone is really lost the desire to learn, they think they have done just a few hundred or even tens of thousands of transactions, warehouse have experienced countless times, introduction to still need to learn what knowledge? Yes, it is the wild way for most people, not according to the basic rules of trading. Many people have probably never touched financial transactions before entering the bitcoin circle. In an era of speculation with mobile phones, it is hard to believe that most people can be familiar with the logic of trading. So when you execute my strategy the wrong way, the results are predictable.
So I am also constantly strengthening, I gave so many trading standards, including various tactics, tactics, why? Is that we do not want to be superstitious, the analysis of the best will have mistakes, zhuge liang again god, ultimately also failed to play qishan. There is no such thing as foreboding, otherwise there is no value in market transactions. It is precisely because of uncertainty that the market is full of charm. But glamour is one thing; making money is another. Like a casino, you always hear about people getting rich overnight, but only a handful of people come out with money. This is where the importance of trading discipline becomes apparent. If you were in a conflict between my analysis and trading discipline, what would you choose? Discipline, of course!!! I repeatedly stressed this point in the novice handbook, also in the usual strategy of continuous strengthening, is to hope that we establish the logic of the transaction, develop good habits, discipline to make money.
Whether yesterday's story will happen to me or not, I hope you can reflect on it. Also hope that everyone make good use of contract trading, to help themselves to avoid risk. If you have faith that bitcoin can go up to $100,000 +, then the best thing you can do is spot + hedge. I hope I can help everyone who loves bitcoin: the most regretful thing in life is that you once owned one bitcoin! But couldn't help the temptation, keep tossing, and finally lost him!