Here's my idea for what's going down. I'm accumulating already, but will do so more if it drops again. It's interesting that this chart doesn't seem to be following bitcoin into the downward spiral. I really think this is becoming a haven of security (alternate to tether/USDT) for people to place their money while the other cryptos find their bottoms. Short term...
This has been insane upward pressure today, telling me that maybe the selling of BTC is going into BSV. I was waiting for that flag to break, and boyyy did it! If the descending blue line is indeed a neckline, 1:1 gain gives me a HIGH estimate top around $180.
Ha, ha! Nice try, but we know where this is going - zero! I expect to see epic volatility between now and zero, though! For now, setting a target of $5! Take the easy money then get out, no point in waiting around for the last little bit!
Okay, so I made that jargon up, but it certainly looks like at the end of the flag here BSV got flipped on it's back with it's belly exposed. (AKA: signs of vulnerability and exposure to BTC's continuing downfall.)
I actually did not want to make an analysis on these 2 but since many people have asked me to i will give it a try. The reasons i did not want to do it myself is very simple, there is not enough data to analyse these 2, only 3 weeks of data. But i will give it a try. My second reason is, i honestly do not even want to waste my time or energy on something that is...
Take Caution with this trade. Don't risk more than 2%
#BitcoinSV | $BSV vs. The Champ, #Bitcoin | $BTC! Ding, Ding! Wait for it...
It looks like decision time is fast approaching for Bitcoin SV. You either get better or you get worse - you never stay the same (for long) so with that being said we see the levels at 0.02 - 0.031 - 0.039 accordingly. Interesting times in the market indeed! Stay cryptic yall, BK
$BCHSV has become the best hedge against $BTC #Satoshisvision?
Dear Friends! This is a TEXT BOOK signal - (BSVUSD) - easy money. But do you believe in Craig Wright and his new hard fork BSV currency? I really want to hear what you think. And please LEAVE a LIKE. Thanks in advance. D4 Loves You <3
Cup and handle nearly completed. 0.045 sats is the target
An obvious #HeadAndShoulders has formed on #BitcoinSV | $BSV/usd
Resistance -> Support If 28K holds then BSV is positioned well for a new ATH.