BCHSVBTC trade ideas
BCHSV falling wedgeAlthough the BCHSV chart at Binance does not yet have enough data to feed the weekly indicators, on the daily chart there is a chart pattern, falling wedge, that has been repeating since mid-December. Since then, the wedge has been losing its tilt, along with the volume of negotiations, which puts prices below EMA 20, 25, 30, 35, 40, 45, 50 and 55.
Considering the repetition of the pattern, the last wedge in formation is also expected to break upward, reaching a target of the height of its base, about 0.02230. The MACD in the daily is showing that the sellers are losing strength, and the stochastic indicates that the asset is oversold.
BCHSV UptrendHi friends! Welcome to Poop's Wyckoff Analysis on $BCHSV.
BCHSV is showing signs of a textbook Wyckoff Reaccumulation.
What we have seen so far?
-There was a pause on a prior uptrend. The prior uptrend was backed by strong volume.
-There was a case build for a new uptrend, a 6 weeks of consolidation within the re-accumulation trading range.
-RSI divergence supports this observation.
The bullish trend is about to resume.
The projected move is around 90% from its current price level.
That's it friends, I looking forward for your comments on this .
This is just a guide, not a trading advise.
Hit like and follow for more chart updates!
Thanks
-Your Wychoff Poop Trader
oo gado << 0.0217soo gado << 0.0217, first time ma gaarin under 0.68 lakin meeshaan ee kacelinooyaan.
BSV Lunar CyclesCelestial bodies have an impact on human behavior and thus affect financial markets. BSV is a very profound example of this dynamic. I welcome your thoughts.
BSV/BTCtraded around 0.024BTC attempt to break up 0.026BTC failed several times this week where support resistance around 0.022BTC holds for now.
BSV/BTC traded around 0.024 BTC where lies the closest support. An attempt to break up could turn to be a double top (a bearish pattern) around 0.032 BTC. Resistance in this range is at 0.028BTC.
BCHSV/BTC Two possible scenariosCurrently there is no trend. However, there are two possible scenarios. Watch for price actions.
Previous analysis:
BSV/BTCBitcoin a decline to 0.02BTC where the support in this range. An attempt to return up and found resistance at 0.025BTC. traded around 0.021BTC.
BCH(SV)/BTCweekly record at 0.034 BTC was flipping for a moment, but the rumors around the 51% attack on the network did their thing, and the correction came. Traded around 0.025 BTC resistance at 0.028 BTC support in this range 0.024 BTC.
SV / ABC battleABC has fallen very quickly from 0.050 BTC to 0.030 BTC .
SV has risen very quickly from 0.010 BTC to 0.030 BTC and temporarily crossed ABC .
If we look at the fundamentals: ABC still has 10-20k daily transactions. And SV has around 5k daily transactions.
This could give us an indication that right now ABC is undervalued and SV is overvalued. If ABC starts to bounce from here, it could trigger a fall for SV .
In other words a good R/R ratio. I haven't set up any Sell targets. The main point here is: ABC , undervalued. SV , overvalued.
This is not a financial advise, just expressing my own opinions
Comment any thoughts you may have to this setup
Naturex
Dump BCHSVBCHSV will dump over here.
Run is over..target in green boxes..
5 wave completion.
Bearish pennant.
1H Death cross..
BreakoutWe have broken out slightly. I am not going to buy here though.
I would love to buy on a really big dip. Congrats to those that bought the bottom if this keeps going.
BCHSV... BIG MONEY BIG PROBLEMS PART 2SO AGAIN WE ARE AT THE CROSSROADS OF DOOM... I HAVE A GOOD FEELING ABOUT THIS ONE BCHSV IS VERY CYCLICAL AND ALMOST NEVER SKIPS A BEAT.
BCH(SV)/BTCthe picture is technically similar to the trading against the USD traded at 0.023BTC support around 0.02BTC resistance at 0.025 BTC.
