An idea and observation for BSVUSD
Showing the peaks consistently moving up as per each fib level going from 1 -> 1.618 -> 2.618 and finally the predicted 3.618
50MA is beautifully structured and is just waiting to break out of this stability that price is in
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (189.9400).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BitcoinSV/TetherUS is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a...
BSV seems to be what is a third cycle of a pump and dump.
Using history of the 2 other cycles, it seems that BSV dips 3 times before making a major pump and dump.
Using the MacD it seems that we are on the 3rd dip meaning we will go up soon.
My price target is 630- 700 using fib retracement.
Stop loss is set at 200 for a risk reward ratio at about...
Dear Traders and Hopeaholics alike,
I want you to look at this chart and get excited... not because you like BSV... I don't care if you do or don't, the reason you are excited is that BSV is about to gain HUGE percentages... When BSV runs... it RUNS!!!
BSV IS SHOUTING IT FROM THE ROOFTOPS HAVING FORMED A MEGAPHONE PATTERN
also known as a Broadening...
When we look at the Bitcoin SV monthly chart, we can clearly see that similar movements are repeated throughout the market cycle, as well as these movements are repetitive, they also show a temporal symmetry, and the similarity is quite surprising..
In my opinion, we will see again the same fractals that have occurred in BSV from past to present. I think...
Market to prepare for long.
I don't think MM is gonna give everyone in the market a chance to make money,
or this movement will be false upwards or with the current give downwards movement.
My indicators are pointing at the shorts
Friends, thanks for your likes and comments!
Good luck with trading!
Tips: moneybutton.com/@kurt
Handcash: $Kurt
Buy - between $240-$255
Stop Loss - A Daily candle close below $240
Target - wicks at $270-$280
Risk - ~5%
NOTE: Signal is for a 1-4 day bounce play, and subject to reevaluation.
Elliot Wavers are looking to touch the parabola and take off to $700, but horizontal support and resistance demands a bounce play off of...
Bitcoin SV has formed a large symmetrical triangle that I previously overlooked, with multiple successful descending scallops, a break from this symmetrical triangle could turn this very bullish.
0.91 regression downtrend on the 4hr chart, smaller time frames can be less reliable with regression analysis, in which i refrain from doing this often, however this is a strong trend. Red fractal indicates following of the trend and a small downward move to the 0 fib line.
Hey Everyone,
After BSV successfully reached all of my previous targets, I have been waiting for the dust to settle before updating you all again.
Right now BSV is in a period of consolidation, and it is possible to trend sideways within the squiggles I have drawn, BUT this may not happen either, as we all know well that BSV is the Crypto Honey Badger and may...
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...
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%...
Technical analysis:
. BITCOINSV/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 73.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (74.5 to 68.0). if so, traders can set orders based on Price Action...
