Hello everyone. We’ve made a new high in bsv with a large wick. We have half a day left of this trade. Let’s see where it closes. At the same time a convergence is forming between the new high and the macd. I’m feeling there’s a hint that it will go down but the market can do anything.
This is what I see. I have no idea which way it’s going to go. But I think it’s a little oversold. If it goes up I gain. If it goes down I can gain more. So I’m just want to see something. I have unrealized gains. I’m just seeing what it wants to do. I’m ready for whatever lol. Happy trading all )).
The arc drawn on the chart shows how bulls are losing momentum. I’ve seen this many times as many of you also have. In the beginning of the arc, BSV has moved up. Now at the top of the arc it seems to slow down, the angle of the trend keeps getting smaller(losing momentum), which could lead to a price drop. I like BSV, heavily invested long term. Let’s see if we...
Yesterday, I posted a DAILY analysis. Today, looking at the WEEKLY chart BSV bulls are weak right now. Prolly many people placing puts and limit orders all over the place. I think it is going to go down about 30-50$ . A big possibility that the new weekly candle will be a bearish one . Please do not close your trades . Look to manage your position. I personally...
These next couple of days will be very important. Maybe in 24-72 hours some move will happen to spark another move into that direction. It’ll breakout towards one side and possibly continue for +-30$. Be ready no matter what side you’re on. The High volume is overdue, it’s been too quiet. Let’s see who wins. I believe it will go down. But I may be wrong. Just...
This is similar to Delta airlines. Very possible to swing up. High probability. Needs patience. They got funding. They have crappy debt. No cash on hand. And financials aren’t so great. But they are America’s airline. And they are the worlds largest airline. America won’t let this airline fail. At 10$ it’s a steal. Check out YouTube for the CEO talking about the...
Delta airlinE: DAL hasn’t recovered at all yet. Looking at historic delta airline price levels, it was consistently high. They were actually growing. They also have dividends. The CEO came out and said positive things. They received government funding. They also have good cash on hand. youtu.be/VuauepBwefQ - CEO talking.
Bsv previous major drop was from this same price point back a month ago. Dropping all the way down to 79$ area. After that massive sell off it did go up to 158 then 180$ then all the way up to 227$ then back down to 190-180$ area. It’s hovering lower than it should and the previous high was lower than the 227$ a few weeks ago. It’s either week and looking to go to...
I recently purchased more BSV at 182$. The point is to see if it will drop more to the bottom cause it did go down to 171$ yesterday. Which means that area is still accessible. As of right now a purchase at 182$ was good but we are still looking as to what will happen next. If it goes up then we wait for the drop to buy in. If it goes down then we buy in. Points...
BSV halving suppose to happen on April 10th at 3-4am. Expect some volatility. The price of BSV will go up just be careful and manage your money properly.
I’m looking to check whether or not this price can go higher. If it does go higher, I’ll wait for the price to come back to 170-180. If it goes lower, I’ll look for a 110 entry. Either way we will enter the market.
I never buy breakouts. I’ve been faked out so many times. 9/10 breakouts are fake. Bad probabilities. If we reverse what we due then 9/10 breakouts probability is in our favor. This line was drawn from 2 Weeks age, let’s see if it’s delayed or I’m completely wrong. I’m open minded to being wrong but I’ve learned the market is delayed in decision making.
Bsv. I hope everyone succeeds.
I think this will happen. Waiting and managing.
Drew this in the previous post. Let’s see if bsv drops soon to 110 +-10.
I don’t think when I trade. I just follow. Currently now buying. Waiting for 110 +- 10. If BSV does go up to say 200 then I’ll wait for it to return to 160 so I can buy. Never FOMO. I’m all about fair PROBABILITY for the investment.