I think BTC is about to explode. It’s sold a lot and many people sold. Now it’s going to skyrocket. I hold bsv, xrp, and Ada. But I’m not blind to btc scam dominance in the crypto market.
I think this week BTC will hit 60k and go past. The weekly low wick was made in less then a day of the first day of the week. Hi probability it goes up and makes a new high.
Everyone knows I’m just diversified. I know Justin sun is good at marketing etc etc. matter of the fact is tron is about to make a new ATH. The only thing I’m pondering is where will it stop? Trons ath was at 0.24$. So if it hits that then it’s only 4x to reach 1$. Just a thought.
I’ve been in ADA for a while. I’m an xrp and bsv fan. However I did diversify invest in ADA. last bull runs ath for Ada was 1.24$. I have thought that ADA will run past 2$. This bull run is longer than the previous one. Bitcoin is creeping up. And Alts are following. Also tether is printing money like their life depends on it. I’m not saying this is the right way...
Since this is a bull run in the whole market. It seems they a test and break past 325$ is probable. Last time bsv/usd went past 325$ to 325.200$. So it might go over it. Or it might drop and ruin all our coming weeks lol. I don’t suggest buying right now. It’s too risky anytime news can come out and turn it around. Too many court cases out there.
I did a pattern bar copy and placed it. Along with it placed Fibonacci extension. It seems pretty solid. Just having some fun of possible outcomes. I want BSV to hit 4000$, but I think a more reasonable approach is the 1200$ area. Bsv had two pumps in the previous bear market. Now that we are in a bull marker it may pump later than sooner.
Yesterday’s post I made about a possible double bottom. Higher low. Today we see a 25% surge up. And this is after the BTC pump due to Tesla’s news. Bsv’s 25% up move today was much needed by the community.
It seems that there isn’t a new low. This week is a higher low than the previous. Seems there is much support. Let’s see what happens.
I was lookin at the weekly chart and it seems like the lines are drawn are being followed. I think it’ll see 0.30s again.
I think Bsv is going to go back up. Eventually it’ll go up in my mind. It might dip lower before going up. But this support like I’ve drawn has been holding well. I buy lows and sell highs. So now it’s a low and at a major support = buy signal for me. God bless.
I know everyone is excited about the bull rally. But I am telling my emotions to shut up. I sell high and I buy low. I don’t sell and buy everything at once. I risk manage it. I buy low and sell high. No need to think about it. No need to get emotionally involved. No need to imagine about fantasies. All I see is the chart, all I know is I buy at low prices, and...
I was wrong. XRP didn’t go back down to 50% fibo retracement. Now it’s at 0.64 cents. I know long term it’s going up. This week will be another bullish candle or maybe a doji. I don’t know where it’s going in the best few weeks. But I’m Enjoying the euphoria.
If you look in history back at the candle week starting December 11th 2017. You’ll see a big engulfing candle like the one we just had. Then a retracement wick down to 0.618 Fibonacci. I have sold some XRP at 0.45. If it goes down to 0.31 I’ll be buying back in. I must pace myself. My motto is, ‘always buy low & sell high, no matter what’ God bless. Trade safe....
Bsv has been going sideways for a long time now. I’ve drawn trend lines and it seems like it’s nearing a decision point. If it goes down, then I’m putting more in there. If it goes up then good. Either way God bless. Jesus loves you.
Finally it’s about time. Broke major resistance.
I think it is gonna drop another time, if not, then why is it not showing the proper signals for a upward breakout. There’s no power before it’s moves. So next time it drops I’m gonna buy. I buy and sell with in the channel but never my full position. Always less than 25% of my full position in the pair. Because I don’t want to be wrong and lose. But I can risk...
Let’s see this week we had a bullish candle going past previous weekly candles. Showing there is strong buying power at the lower levels. Clearly shows previous week candle was too low. So I think next week we will see another low before buyers come in and buy it all up. Waiting to buy in. Cheers.