Still correcting from January?I was counting this most recent upmove as a wave 1 of the final 5th wave, but this is an alternate count just in case.
Watch crypto markets today, and if we keep seeing little stairway action up and elevator rides down, I plan to dollar cost average and honestly buy the dips. I bought the bottoms of both dips yesterday and today, and think we should get an upward corrective move today with the RSI divergence building .
I hope this count is wrong but I hope this offers a frame of reference to those that have no idea what's going on. I will say that IF this hits $200, buy that shit. cause my 5 of 5 target is ~ $560.
BSVUSD
BSVUSD - LONG - posible 10% gainBSV is at the bottom of the symmetric triangle.
It is a good chance to bounce :)
BSVUSD Long OpportunityOrders along the green trend line are the opportunity to go long. The entry is $280-$305.
I like the trend, and the clean reset of the RSI which confirmed a perfect hidden bullish divergence on high time frames.
On higher time frames, we are still keeping trend too.
A healthy reset before the potential for a "CoinGeek pump" going into next week's conference is also a bit of significant FA.
Tips Appreciated: $Kurt
BitCoin SV LONG IDEA BitCoin SV is the real Bitcoin.
You can see a strong trend-line that has been supporting the price since the beginning of 2020.
This is a very lucrative trade opportunity. The fundamentals look good. BSV can scale. Craig Wright taking his database rights battle to the illegal Bitcoin forks.
You're in or you're out of what could possibly be the best investment of the decade.
BitcoinMore and more people come to the truth. We can achieve prices like BTC by the end of the year.
Pullback? Pssshh who needs a pullbackTotally thought we were gonna retrace a little more but I guess we're going? Currently looking for a good place to buy.
BSVUSDBullish divergence and a return to the T-line. Possible upward movement - wait for a bullish candle pattern, before entering. Not advice.
Buy the Dip!Looking to buy another pullback here before going higher.
Alternative count is that the full 5 wave move is complete, but that would just imply a deeper correction into the lower green zone.
Overall pretty bullish right now.
Bitcoin SV - Scenario 2Because the move up slightly invalidated our previous pattern, I have created scenario two, this lines up with the Coingeek announcements slightly better.
Either way, we will drop from here.
A drop below 275 - 285 is expected for this scenario, although I cant rule out a drop to around 250 under this pattern.
Bitcoin SV: Potential pull back.BSVUSD is consolidating after the aggressive run that led to a peak on January 14.
Levels to watch:
- The Resistance is at 457.500 while the Support at 76.500.
- Golden Cross took place right after the January 14 top. Last time this happened on a top (June 2019) it initiated an extended pull back to the 0.786 Fibonacci retracement level.
- The MACD is printing a similar pattern to June's 2019.
- 253.500 is the former Resistance and where the price found Support after the January 14 top.
Projection:
- This appears to be a cyclical pattern for BSV. Golden Cross marking the top of a bullish leg and then progressive decline first towards the 0.500 Fibonacci and then a bottom on the 0.786 level. If however the 457.500 Resistance breaks, then this pattern is void and we can see new highs.
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BSV my first lookPole and bull pennant gives a very bullish impression. But if BTC drops, BSV will drop very hard. Bearish harmonic completed.
My personal bias is that this coin will die like XRP. I can be wrong, Craig Wright can still find the keys to the satoshi wallets and shore up his coin.
Bitcoin SV - Wave count still valid.This chart shows what waves we still have left of the pattern.
Please note levels are not set. its just to map out the expected waves.
BSVUSDTGuys, if you like the idea please put like button, this will be the best thanks.
Thank you for your support, I appreciate it.
Please don't buy thisI've warned you 3 weeks ago and it already fell 33% and will continue falling until this garbage is erased.
I'm begging you, don't be stupid and fall for this ridicules Craig Wright bullshit..
Volume is fake, Infrastructure is fake, Craig Wright is fake.
BSV - GENESIS UPGRADE approaching !!!BSV looks great to me !!
If this was a PUMP and DUMP like almost every youtuber and crypto twitter account is suggesting, it would not have such a consistent chart !!!
Look at that beautiful bullish flag the price is drawing just under the previous resistance is drawing !!
The necessary energy to clear previous ATH is forming at the right point !!
If you followed my advice you'd be back in again since 259 USD.
Enjoy the ride !!
4th February 2020 is GENESIS UPGRADE time !!
The UK Government may use BSVFebruary promises to be interesting in terms of events, and Craig Wright talks to British politicians. Wright took the opportunity to explain the benefits of Bitcoin SV to the higher legislature. Those present were apparently satisfied with his ideas. Central banks wanting to create their own digital currencies can benefit from adopting Bitcoin SV or consulting nChain.