Not a joke.
Be extremely careful and then some.
Have a look what happens with money here:
May 19/2019 an Account holding -for argument sake ... let's say $ 6,000.00 (just to keep it simple)
Jan 13/2020 That same Account reached a net value beyond $ 50,000.00
08/07/2020 the same Account could be worth $ 20,000
My daughter calls this things: "DANGER MONEY."...
This is a large diametric pattern.
We are currently completing the contracting triangle in the "e" (white) wave, and after that I expect the price reach to the target that is specified.
SL is in chart
Hi everyone, this is the update of my previous bsv/btc post.
(You can take a look the last target price at my first bsv/btc post)
As we can see, bsv had a good time few days ago, and now been on consolidate phase, forming a bull flag pattern. It may continue to the upside.
The ema cross looks bullish tho (ema20 and ema50 crossed ema200)
Im not suggesting to...
A third wick formed just below the bullish descending wedge.
On balance volume holding up strong.
Price also despite weakening volume in general - this can be seen as bullish.
I maintain my bullish stance on BSV and my target 0.25 BTC for one Bitcoin.
That's almost a 15x in BTC terms and implies a price of about 1500 to 2000 USD for Bitcoin SV.
Let's see if it...
BTC is currently still around $9200 and going sideways.
Yet we are already at this trend line.
I have a feeling BSV is going much lower than anticipated.
I don't see this trend line holding if BTC drops in value.
That means BSV will be harder to guess.
Let's watch this trend line closely.
FA: Bitcoin Satoshi Vision is a hard fork of Bitcoin Cash, which is a hard fork of Bitcoin itself, all Proof of Work (POW) protocol.
Those 3 coins dominate the crypto market as they are in Top 5 market cap (excluding USDT) and they all halved their mining rewards few months ago.
TA: BSV (also known as BCHSV) is in that parallel channel since beginning of the year...
Not a financial advice. Just share My opinion.
There’s huge bullish divergence on 1D TF.
And at the end of falling wedge pattern + bounce nicely on support trend.
Might be a good chance to long.
Hoping the january scenario will repeat! :3