Fuck. I’ve been waiting my for this drop since March 20th. I thought it wouldn’t happen cause it’s been so long. And then it drops to 13x... what a joke. I put an alert for 140$. Hopefully I get notified. BSV you sneaky little hoe. Wait till I catch you. My fault for not putting an alert. Wow. Enjoy everyone.
I was taking a look at this earlier. It looks as if this is the bottom. I’m curious to what it could mean. I mean is this the lowest price we will ever get to convert btc bags into bsv. There is divergence and there is a strong negative slope which usually signifies a reversal. I like hearing your idea, let me know if I’m missing anything.
Do you think it’s gonna go up or down. I keep seeing it holding the support line, it tried to go lower but it didn’t. So I assume it’s going to go up from here. I’ve entered a strong long position at these numbers. I left a little of my funds on the sidelines incase it drops but it looks highly improbable to drop. So I’m considering to go all in at this price....
Looking at the chart. Today money gram pumped up well. It went up around 15%. Now it barely made a new high. And there is a divergence against the MACD. Looking at the slope line the trend is turning towards the upside. But I think it’ll go down back to 1.6 or 1.5 before heading upwards.
So one price gap has been filled. One more to go. Let’s see how this goes. The stock market is still not in the clear. I did long at the dip a few weeks back. If it goes lower I will purchase more. Airlines are important for the USA. They will not let China or other nations take over the aviation industry. The government has to bailout or create some new...
The chart is basically cut into pieces looking the distance between one all time high date to another One, one complete cycle. Currently we are at about 913 days about 30 candles(months). Assuming this cycle will be similar to the previous, we need 1492 days to reach the next all time high. We need about 19 more months to reach the all time high. Have a good one...
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...
Hello eveyrone, I hope you're all doing well. This is tuned to long term investors or swing traders. Btc has gone up incredibly. While I'm not invested in Btc for fundamental reasons, I want to share my understand of the technical analysis. We all know Btc halving is about to happen soon. I just wanted to see where bitcoin core might continue to go up or have...
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...
Hello Investors, Last time I made a bold statement that probably was distasteful to read. However the divergence we looked at did work and MGM did drop, I'm happy about that turnout. I didn't make any money on the drop, but it tells me I'm in harmony with the market sentiment at the moment. Looking at the current 200 MA (close), I think the price will...
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...
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...
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...
This is something I’ve never considered. What if we just look at highs and lows. Forming a flag(triangle) what if the steeper side is the side the market will go towards. Just sharing ideas. I think it’s going down, considering the amount of market time I’ve seen, I just want the truth. I don’t get too many of these moments. I maybe be wrong. But If it’s true...
After posting about divergence in my previous analysis. I decided to see the largest market cap crypto, Btc. I noticed it has a divergence against the macd. I think a drop is coming. Get ready.
I made a mistake and forgot to draw in the convergence. I always use a Macd. I hope this makes the picture clearer. Refer to my other post for a detailed analysis of the price gap. Cheers.
This is another example of a price gap being closed by future price. I believe MGM will go back to under 10$. Does that mean you should sell everything. Absolutely not. Keep some in the trade, possibly take some out and wait for it to go lower. Or if you have more money don’t be afraid if it goes back to under 10$. But personally I’d cash some out of the trade and...
In stocks there’s about 95% probability that price gaps will be closed. The probability for price closing the gap is more real as you move up in time frames from hourly>daily > weekly. This is a daily chart so it’s high probability. This has never failed me. This is just price analysis, hopefully we can see and buy lower prices. Cheers. Btw look at previous...