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
weekly chart
we need to hold this long term trendline,
again the NVT at the bottom, bull runs only start on green, as i have said this last run was not a long term run.
rsi and stoc all near oversold.
did anyone notcie Bitcoin price dropped and USDT dropped, thats a sigh of pulling out of the market.
imo allot of it is miners cashing out.
the volume is...
Technical analysis:
. BitcoinSV/Ethereum 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 32.
. 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...
Last 10 days of Feb will be full of anticipation. Lots of powerful fundamental news happening all together...
So i think the whole cryptocurrency will see a strong uptrend for couple of weeks to come.
amongst many coins i image BSV & XLM will be among those which will hype powerfully.
important events of feb:
1- The Samsung Galaxy S10 launch date with its...
