HUGE BSV MOVE COMING - LONG $500.00+THIS IS NOT FINANCIAL ADVICE
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
BSV is now above the resistance at $350.00; sitting ontop of the ascending triangle it was trading in for awhile. It now is gaining momentum against USD, BTC, and ETH. From my analysis, I will depict $500.00 as the major technical breakout point and psychological breakout point as well. We pinbarred from 490 weeks back, but now BSV is gaining technical and social traction.
FUNDAMENTALLY
Some claim BSV is the actually BTC . I am not here to tell you whether it is or isn't. I have no opinion on that. I buy what works well and what has liquidity or future liquidity.
PAST BSV IDEA
BSVETH
BSV to 457+ and NEW HIGH COMINGTHIS IS NOT FINANCIAL ADVICE
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
BSVUSD is in an ascending triangle ready to breakout to new highs. With the current support at 240 we should pop to resistance at 288, 327, and then 457 respectively.
FUNDAMENTALLY
Some claim BSV is the actually BTC. I am not here to tell you whether it is or isn't. I have no opinion on that. I buy what works well and what has liquidity or future liquidity.
BSV Is Going To Explode Higher MartyBoots here. I have been trading for 13-14 years and I am here to share my ideas with you to help the crypto space.
I think it would be a bad idea to sleep on BSV right now .
If you want help trading it hit me up
Bitcoin Satoshis VisionStock Symbol: BSVBTC
BSV had a fairly large correction from its last big pump. Now we are starting to compress on the selloff with a potential shift on the weekly. Want to watch volume push up for the crossover here. Accumulating here is not a bad idea.
Diversify and use 5% stoploss
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There is a trading opportunity to buy in BitcoinSV / EthereumTechnical 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 possibility of temporary retracement to suggested support zone (0.51060000 to 0.44390000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.51060000)
Ending of entry zone (0.44390000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.61030000
TP2= @ 0.68240000
TP3= @ 0.73080000
TP4= @ 0.78770000
TP5= @ 0.85980000
TP6= @ 0.95940000
TP7= Free
There is a trading opportunity to buy in BitcoinSV / EthereumTechnical 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 possibility of temporary retracement to suggested support zone (0.51060000 to 0.44390000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.51060000)
Ending of entry zone (0.44390000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.61030000
TP2= @ 0.68240000
TP3= @ 0.73080000
TP4= @ 0.78770000
TP5= @ 0.85980000
TP6= @ 0.95940000
TP7= Free