There was no death cross.The classic combination of moving averages 200 and 50 shows the market reflection. The situation is even more evident when using the 210 and 30 averages, which are often used in classic markets.
BSV
Daily Tracker: BSV vs. BCHABCBITFINEX:BSVUSD : Strong Buy
BCHABC : Strong Sell
Educational.
FibMarketWatch.com
BIG POTENTIAL IN BITCOIN SV .. 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 Bitcoin SV will bottom up at $ 125 like mid-August and first week of September and then will go up to a minimum of $ 800, we will wait and see..
I think BSV can be the champion of bull rally..
Disclaimer: What I wrote is not investment advice.. Please do your own due diligence when it comes to crypto-investing.. Never put in money that you cannot afford to lose.. Invest at your own risk..
I wish you all the best..
BIG POTENTIAL IN BITCOIN SV .. 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 Bitcoin SV will bottom up at $ 125 like mid-August and first week of September and then will go up to a minimum of $ 800, we will wait and see..
I think BSV can be the champion of bull rally..
Disclaimer: What I wrote is not investment advice.. Please do your own due diligence when it comes to crypto-investing.. Never put in money that you cannot afford to lose.. Invest at your own risk..
I wish you all the best..
BSV, were the odds in our favor? Time to allocate a little bit.Bsv finally took a dive down. Now we can enter some positions if we like or we can wait for it to go lower. If I didn't already have positons in at $180, I would get in right now. With my current positions at $180, I think it would be good for me to accumulate, I did sell some of my positions at $215, it wasn't much but still accumulation. You're gonna win so much you're gonna get tired of winning, but not really.**
There is a possibility that BSV can go lower.
I wish Bsv can go back down to $150 but I'm not sure what's gonna happen next. In this case I'll enter 25% of my available funds into this price, if it goes lower I'll add another 25%. Eventually I'll be all in and hopefully I'll be at the bottom. I'll share and post what I do on here.
I hope you're all safe during this drop, waiting like a predator for their prey.
Happy trading all. I'll do a in depth analysis tomorrow.
Please do your own research and analysis before risking your money. To minimize risk always wait for a dip before deciding to invest or not.
Cheers ))
Easy BSV/BTC Long05/08/2020
Symbol: BSV/BTC
Exchange: Bitfinex
Position: LONG
Audience: @everyone
Action
BUY: .018 - .021
Stop loss - A daily close below .018
Risk - Depends on entry average
Target: .024, .027, .029
At the halvening, we normally see a quick dip on BTC for a few days. Right now, that probably means miners switching to BSV and BCH for profitability, at least for a time. With the typical alt/BTC pairs around support and the BTC dominance overbought, this should be an easy trade with fundamentals on our side.
Want to tip me?
HandCash: $Kurt
RelayX: 1Kurt
Moneybutton: kurt@moneybutton.com
TwetchPay: u/292
BSV. Becareful of breakouts. Watch out!Hello friends,
I hope you're all well. I've been thinking of making SWOT and technical analysis videos for crypto and stocks. I really enjoy the fundamental analysis part, it's the wetstone used for sharpinng a dull knife(Decision), the technical part is the polishing of the knife(precision).
Okay so, Bsv is pushing up slowly, and Btc is fluctuating around $10,000.
Today I wanted to mention something that is against popular belief. In my chart it says, 'Don't buy breakouts(b/o) or resistance', it's means never buy when it's up. There is absolutely no benefit at buying at breakouts or before the resistance, because my question is, if I thought Bsv was going to go UP, why didn't I buy it at a lower price? If I bought it during Aprils lows, that low entry trade would reduced my risk of it going lower, because Bsv was already oversold. When I was a new trader, I was always taught by 'Gurus' to buy at B/O, everytime I did, it reversed against me, it would go back down. Breakouts are so risky and it reduces your profit margin. Lets assume we bough at #1 instead, having a long position there, that entry level would reduce our risk because it's near the bottom, and it would increase our profit margin because it's so far from resistance @ #2. This is the knowledge behind the golden rule 'buy low, sell high'. I feel so childish to had kept buying at upward B/Os. If I think Bsv is going up(Fundamental research kicks in), I'll buy Bsv in the dip. I never get in at the top no matter what, cause that reversal is a bigggg risk, and profit margin has been reduced.
Other than that, there isn't much going on besides increased Bsv utility usage, and Btc halving is in a couple of days. I think Bsv may do a fake B/O to the top then drop. My emotions are under control, I only buy dips and sell rallies, and I always average dollar cost or sell, so I get the lowest or highest average rate )). This my style and I haven't had a losing trade for a while.
If you want more information, you can always ask me, I'm okay with it.
I hope some of you found this information valuable, I would assume many of you probably already knew it.
Please like, share and follow. It means a lot to me. I'll keep you posted if the stocks or crypto make any drastic moves.
Have a good one. ))
BSV: The this flag channel reduced by about 45%!!Hello Early Adopters,
I was wrong about my 48 hour time frame, it seems nothing happened lol. Up/down/sidewalks(time killer) so we have a 33.33%% of any direction. I said that in 48 hours it would go up or down either way I was prepared, it decided to do neither. haha )).
BSV has been moving in this narrow triangular channel, an upward slope of a very few degrees(looking at the highs). The lows have been moving up but they are running out of space, the highs have been holding strong. Previously I said that within 48 hours something should happen, yet nothing happened. The channel has decreased by about 45% using the high low, there's a big move coming, maybe it's waiting for BTC halving day.
I have reviewed BSV technically and fundamentally. It's all good news but for the time being my brain is telling me down. I really want to buy at this level, to go all in at this level. My brain is telling me something is wrong. So I'm going to watching BSV very closely in the next 4 days and the next week candle. It has to either go up or down, and we should all be ready for whatever scenario plays out.
If you'd like more detail in my analysis please let me know, I try not to write too much thinking people don't want to read so much.
Please like and follow, I really appreciate it. Cheers ))
Quick look at the Major Altcoins indexHi guys,
The Altcoins index is gravitating around the $735 line since April 29 when it found support at the 200-day EMA and moved about the horizontal resistance.
What we are seeing currently is the price being caught between the two long-term EMA's with $735 as a middle line.
Next level I'm looking at upwards is $785 and down - $700. So, we target a move to $735 as a buy signal up to $780, then $810-$815 if we break the $200-day EMA.
All of this should be reflected to the correspindg altcoins from Top 10 (except BTC and USDT). Meaning that if we reach $735, we will add more positions to our alts bags.
Cheers,
BSV. Am I really wrong not to buy now?I was about to buy, but I forced myself not to buy. I took a hard look at the market and I asked mySelf ‘is it safe to buy a long position at the current high?’ Because buying dips is my plan. Relative to my perspective we are at a high. It might go higher, I accept that. But for the current period this is my high. I have BSV from long ago, but I’m looking to buy more before the price never returns to these 100-200$ prices.
1 BSV = 10 BCH at the end of 2020We rarely watch this chart. BSV is constantly strengthening against BCH. With time, BSV will be the leader.
Long wicks forming for BSVThe last time some very long wicks formed under the resistance of the triangular patterns, price moved very sharply to the upside in the following days !
Will it happen again ?
My outrageous price objective for BSV (0.25 BTC) - YES !! a quarter of a BTC is still valid !!
Will it happen ? ... I think so !!
- not financial advice - just my personal opinion !
BSV - this coming breakout will be significant !!I suspect we will soon have a strong breakout in BSV ...
This one could be spectacular since BSV is overperforming Bitcoin by leaps and the breakout of the second bullish wedge would clearly attract attention of the crypto space.
There could be a strong FOMO leading to our procected medium term target of a 1/4 of a Bitcoin !
Not financial advice - I could be wrong ...
But if it will happen, you heard it here first !
ZILLIQA ABOUT TO EXPLODE Since ZIL STAKING ON WAY!its interesting to check this project for the next time, as there are a great update about the staking.
Expecting a huge increase on it next time.
Great things coming on this blockchain TN.
# if you like this post pleas give it a like, and follow for more updates
BSV. Where is it going? Moon time or dip. I like trading Bsv. It’s different, maybe because I believe it’ll always go up.
I think it’s gonna dip. for 3 reasons. 1:Double top. 2,:it’s a flag. 3rd: there’s a divergence between the two highs. I think it should drop Today or tomorrow. If it doesn’t drop in 48 hours, then I think I’m wrong. With my plans I like to give them a time, if it doesn’t meet then I reorganize my trading plan. I trade daily, I’m comfortable with daily fluctuations.
BE READY FOR THE HUGE BREAKOUT BTC 12K TARGET BEST TIME TO HOLD!expecting a huge increase next days, depens on the mx study, and as you know me we have done before more targets, and all did hit, last ones : 7800: 8300.
At this moment expecting a huge increase at bitcoin above 9K for next 24H, personaly its the best to hold btc for long term.
Asia market looks to interest more in btc, as the usa done good last time with the btc orders, as i did expect before, and that was on of my before updates i said: expecting the start of bullrun 2020 at 04-04. i will add the link of chart here
I think we will not wait long time before we will see a big increase, the halving on way, and we have just some days.
Thats my update for now, soon with more details.
# As say always, i have say at time to you all!
# if you like the post pleas give it a like, and follow me for more new updates.
Thank you.
BSV. New high? Is there a Convergence? Hello everyone. We’ve made a new high in bsv with a large wick. We have half a day left of this trade. Let’s see where it closes. At the same time a convergence is forming between the new high and the macd. I’m feeling there’s a hint that it will go down but the market can do anything.
Major altcoins index updateHi all,
The altcoins market added $5 billion to its value since Monday, April 27, and now stands at $85.7 billion. As you can see from the provided chart, yesterday we finally managed to break back into the uptrend channel and surpass the solid horizontal resistance at $735. We saw a continuation of the uptrend today morning, but unfortunately, the price was rejected near the $100-day EMA, which triggered the reversal to the downside.
Basically, nothing changes in the mid-term goals: Consolidate above $735, then move up to $860 via $810 - a level that already proved to be stable support twice this year, in January and February, and will now most probably turn into a nasty resistance.
Additionally, BTC is in the leading role these days and even though alts are moving ok and post good gains, they will be overshadowed by the leading cryptocurrencies and it stealing dominance at least until halving is over.
I will skip lower timeframes analysis for now given the high market volatility.
Cheers,
BSV/USD. Still in waiting and waiting. This is what I see. I have no idea which way it’s going to go. But I think it’s a little oversold. If it goes up I gain. If it goes down I can gain more. So I’m just want to see something. I have unrealized gains. I’m just seeing what it wants to do. I’m ready for whatever lol. Happy trading all )).