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
First of all, I don't care about the fundamentals, I believe all of crypto to be a useless scam traded by nerds of which I am one. I trade the charts, and couldn't care less about who the real satoshi is; actually I am Satoshi. Can BSV go to zero? Yes. Will BSV go to zero? Probably not for a while, the only exchanges with BSV still listed are packed with...
Bitcoin Cash SV (BSVUSD) Seems to have completed its retrace. You can see the support/demand zone in yellow. This area can be used as support if price breaks down. If this area holds as support, you can expect a bounce up, but if it breaks you can expect the price to continue going down. For this reason, we use a candlestick close below this area as our stop...
First target 0.0245. Second target 0.034. Not financial advice
in my previous Bitcoin SV idea unfortunately i lost 15% gain... i didnt enter positon because my timing wasn't right... now i think the third wave will begin in SV and it will go to near 0.021 Sat... from there it will be speculative... i think that would be enough for a profit and i will re enter for the 5th wave.
Looking at the 4-hour chart for BCHSV, we had an excellent breakout a couple days ago which turned out to be a profitable move for us. Since then, the price has retraced back to the . 618 retracement mark and is finding support on the 100MA. I think if this support holds that we see another nice jump. Bullish divergence can be seen on the MACD indicator since...
Ascending Triangle signaling continuation to the upside. As this pattern develops, volume usually contracts. When the upside breakout occurs, there should be an expansion of volume to confirm the breakout. Expecting this to enable a clean break through 2M sats.
Bitcoin Cash SV (BCHSVBTC) Is Bouncing Off Support. Here are the signals that I am seeing right now: Trading above EMA10 after a strong bounce. Bullish engulfing pattern (daily candle must close above 0.01677 for this signal to be confirmed). RSI trending up with momentum. MACD bullish crossover. Increasing volume/volume breakout. I was expecting a...