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BSV

BCH BABUSD H&S failure or crash mode again? Part 2In the previous analysis i showed a H&S pattern of which i assumed it would probably fail and we could see a counter move up. We made that higher low on the right shoulder and since then we went up. However, this is not a strong counter move as i expected it to be (if the H&S would fail), the blue circle area should have been a bit stronger. On the left we can see a small triangle, from the looks of it, it could break down. Because on the right we can also see the volume has been quite low the past days. So ideally we see the red or blue line play out, test support again and make a very big bull flag coming week. So the chance for a big rally from this point on, are IMO small. Please don't forget to like if you appreciate this. Previous analysis:
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by botje11
3
There won't be another Bull Run like in 2017. That was it folks The crypto market wont have another bull run like 2017, it will have a bull run but it won't be nearly as strong, then the lows will be worst, we are going to see lower highs and lower lows, until most shit coins including this one, bitcoin core which was ruined by blockstream and others, and is no longer bitcoin, will go to zero. Bitcoin Satoshi Vision is the only one that will have a massive bull run and grow and grow like the original bitcoin should have if they would have not fucked it up with segwit and now lightning both retarded solutions that were made to destroy bitcoin.
COINBASE:BTCUSDShort
by mrwizard9000
3
BSV is bearish in the short termThe chart says it all. Bearish in the short term, Bullish in the long term. I will publish an idea when I think it is a good time to get in. btw, you dont want to trade this coin, you want to buy it and hold on to it for dear life, this is something you want to accumulate all your life then pass down. Dont try to make a quick buck, think long term. Put all the money you have lying around in BSV , and think of it as a hedge to the dolar and fiat in general.
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by mrwizard9000
BSV very bullish long term, bearish short term.... bought anywayThe whole reason I am posting this chart is to show you that BSV has a negative correlation with BTC , which means that while this market continues to tank, BSV might actually do the complete opposite as you can see in the chart. Also BSV to USD is pretty much very stable, so if you think about it it is extremely solid for the long term. The crypto market is basically dying off, and on top of that BSV has a ton of hate from the community, and at the same time it is coming out with flying colors in the worst possible environment, pure hate from everyone, market bloodbath, yet it is outperforming everyone, while BCH (abc) has been one of the worst performers in the whole crypto world. So if you look at that , you can imagine how far will BSV go if the market is actually bullish, and once more people understand that it is the real btc, and that it actually has a great dev team and a group of extremely smart people working behind it. A NEW ERA OF CRYPTO: I think we are entering a new era of crypto in which it will be BSV vs everyother shit coin. I dont think the crypto market as a whole will ever see a bull run like we saw in 2017. The market is now well aware that most ICOs are absolute garbage , even big name coins like Bitcoin cash is run by a bunch of retards that want to actually centralize the coin, even though they are saying the opposite, and are basically retarded by thinking having a hard fork every 6 months is a good idea for people building on top of it, and miners. Also coins like Ethereum, everyone was so fucking excited with ethereum, vitalik the pedophile (look it up) was seen as some sort of alien god, but now the smoke cleared and turns out eth is a shit coin that is a complete garbage in terms of coding and building on top of it, and actually very badly built. So basically the smoke has cleared, people have found out a lot of their ICOs where basically a scam, if not all, and even some of the larger coins are run by retarded pedohpiles (vitalik) and straight up idiots (roger ver) , so I dont see a way we will ever get another bull run like we did before, there will be a bull run BUT it wont go up to the same level as before it will stop sooner, much sooner, I think at the most 50%, then crash lower, basically lower lows and lower highs until basically I believe the only one standing and growing and growing will be Bitcoin SV. BSV will continue to grow over time as all other shitcoins drop, it already had its flippening with Bitcoin Cash, then it will eventually have its flippening with Bitcoin (Core) since people will realize that Bitcoin core was basically hijacked and completely destroyed by Blockstream and the rest. This will take time for people to realize this but it will happen eventually. People will realize how BTC is basically useless, especially with lightning coming up which is a retarded idea as well. Eventually a BSV -BTC flippening will occur. BSV BEARISH SHORT TERM: BSV has a lot of bearish volume and price action at the moment so unless it is showing tricky price volume which does happen, it is very likely it will go down considerably, my pure intuition tells me that we might see it go down to as low as 60, maybe even 40. The thing with BSV is that it has still not have an accumulation phase which was the reason I thought there was no way it could have its bull run, then I saw a lot of bearish price volume so I think that is what is going on here, it has to go through an accumulation phase before it can shoot up. Research richard wyckoff so you understand how the market actually moves and works. Either way knowing very well that BSV has a high chance of going down considerably I bought some BSV this week.... ---Why would I do that if I was certain it was going down? basically two reasons.... 1) There is what I call a trading mental fuck, that happens sometimes when you are position trading, which is that when you are very bullish about a certain thing like a crypto you want to buy and hold, then what happens sometimes is that you miss your chance to invest because you are always post poning entering because you wanted a better price, that better price didnt come then it is more expensive than when you first thought of getting in so you dont want to buy at that price anymore so you tell yourself that you will wait until it "corrects" and it doesnt so now its even more expensive, and before you know it you basically missed your opportunity and then enter much much later feeling like a dumbass for not entering at the moment you first thought of it. So when I discovered BSV, I told myself I was not going to do this mistake. I set a plan, I am going to buy BSV as soon as I have the money available. I will not wait for the perfect entry I am just going to enter at whatever the price is at the moment I have the money for it. And that is what I have been doing this week. 2) I am doing a strategy that I heard from Grant Cardone, in which he gets rid of his money as soon as he gets it investing into real estate so that he is always broke. This idea is that if you have money lying around you WILL find a reason to spend it , at least I know I will, but if you get rid of it as soon as you get it then basically you save yourself from the possiblity on spending it on some stupid shit, and at the same time you leave yourself broke which motivates you to work harder. I am starting to do this and I am suprised at how much stupid shit I was spending money on, if I had started this before who knows how much I would have saved by now.
BLong
by mrwizard9000
1
BSV LOOKING DUMPY!! Bitcoin cash SV has been on a steady decline for a few weeks now We are currently sitting at the bottom of the support OB and we need to see a bounce ASAP or we could dump down to the next demand zone We are currently on a descending price channel and have been riding along the top with no break above. EMAs have crossed over bearish and with BTC on the verge of breaking down from support, we could very well see a failure here and lower prices Next level down is very important to hold or else we could see a drop back down to 0.0150 Bottom of the channel would put us below this OB indicating extremely bearish PA so something to watch as we approach this support zone Thanks guys!
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by CM_Trades
1