Idea for BSVBTC
Previous double touch or double bottom has resulted in a large price increase, will this new one forming do the same?
Correlating this with BSVUSD it is a great time to buy and a great candidate for a huge pump
Here is the chart im correlating it with
I expect a sharp move up (yellow) to climb out of the current fib ring within the circle, then a following advancement to the Lightning icon
Some direction and trends need to be established for BSV
Hopefully if this occurs it will lead to some
MartyBoots here. I have been trading for 13-14 years and I am here to share my ideas with you to help the crypto space.
I think it would be a bad idea to sleep on BSV right now .
If you want help trading it hit me up
BSV is currently painting a bullish descending triangle pattern that has the potential target to retest swing High.
BSV needs to hold this bottom trend-line and 50MA for at least 2-3 days to provide enough momentum for breakout possibilities.
If BSV closes below 50MA, I'm eyeing next support around 210 - 180 regions.
BSV has pumped significantly topping out at .0200. This coin is known for various pump and dumps shortly after. I expect a retrace back down towards the entry zone at .015. I would not recommend a push to jump into a long right now. Wait for the retrace or short BSV down to the proper levels. If the new entry zone holds strong look for a rise back to a double...
. BitcoinSV/Bitcoin is in a down trend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 24.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
. There is a...