Hello Traders, BSVUSD has a nice up move to complete the bigger pattern. Look for a nice break of the trend line and a flag to take the buy!
$BSV Nice buyback, however we're coming up on horizontal resistance + POC. This is where I'd exit position were I in one. Cheers
Technical analysis: . 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. Trading suggestion: . There is a...
Technical analysis: . 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. Trading suggestion: . There is a...
Potential support here for BSV/BTC. Very good Risk / Reward : 1 : 30. If you think the SL is too tight, you could just increase it, and still have a very good Risk : Reward. Entry: 0.0215 SL: 0.0213 Exit: 0.0300 Set your Orders, and wait. Be patient. Give me a like and you will receive updates from this trade, If our stop gets hit but structure isn't broken,...
BSV is showing signs of another strong vertical move upwards, continuing its "steps-up." We just saw a falling wedge pattern retrace to the Golden Pocket, which is generally a bullish indicator. There are indications that we are replaying a previous fractal, which was our last big move up. If this is the case, in the next few hours, we could see a big move...
After 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...
BSV is still testing its major price points compared to BTC. We're formulating a bullish falling wedge pattern that should resolve in the next few hours. The best way to play this is to play the breakout. Get ready for bullish/bearish breakout, with a bias towards a bullish breakout because of the falling wedge pattern. Don't get greedy. BSV is definitely a...
BSV is on shaky ground at the moment. 5 waves up. Look for a pull back down to the Golden Zone. My short is in now and I'll be monitoring closely. Might pull the trigger before the Golden Zone. Blue lines are my orders.
Chart is self explanatory. Be ready for strong price decline.
Bottom is in, looking to add to position on retrace to green box, future levels marked - but this thing's going to infinity.
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...
The 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.
look for neckline resistance - if it clears and holds, can level higher
Entry = 0.0085 Target = 0.0300 SL = 0.0075 R/R: 22