". 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."
. 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 - Trade continues is this parallel channel, it is beautiful. Price of $BSV at accumulation mode for a very long time now. Get ready, got the feeling that $BSV will start showing some strong green candles 🚀
Multiple 1-2 1-2 1-2 patterns on the fore front. I believe this one is the cusp of something big. Too early to call Fib goals at this point, but not to early to put a small position or two for me. I know I will be watching this one with vigor. Not financial advice.
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...
Because the move up slightly invalidated our previous pattern, I have created scenario two, this lines up with the Coingeek announcements slightly better.
Either way, we will drop from here.
A drop below 275 - 285 is expected for this scenario, although I cant rule out a drop to around 250 under this pattern.
Quick BSV update.
Im still expecting the move up to break 328 before we drop to the 235 (maybe below) level. Nothing has changed just the current smaller corrective pattern.
It actually looks a little clearer now. I am also doing video updates on Streamanity. but I need to check with the TV guys if I can post.
TLDR - NOT FINANCIAL ADVICE - trying to catch bullish momentum, invalidation on chart, always play with a stop
Is Dr. Craig S. Wright the true face of Satoshi Nakamoto?
If you give me money, ill tell u whatever u want me to - and a chance for that is what I see here with BSV