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BSV

💡Don't miss the great buy opportunity in BSVUSDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (59.673). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BSVUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 65. Take Profits: TP1= @ 70.961 TP2= @ 75.153 TP3= @ 79.218 TP4= @ 83.474 TP5= @ 87.645 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
2
BSV/BTC. Will this skyrocket aka MOON?I've been waiting for this a long time. I bought in earlier. I purchase this pair on TDXP.app It's really something. As soon as BTC crashes, and all the alts pump as in 2017. I think the crypto market will consider BSV as an altcoin for now until BSV over takes BTC. But for now there is money to be made on this pair to buy this low. Go easy on leverage. This is not financial advice, this is an idea I am continuing with. It's so low, how much lower can it go. Maybe a double bottom? I'm already in, if it double bottoms then I'll go in some more. Cheers.
BLong
by JacobTrader100
XRP possible scenario I see playing outI think that the month of NOVEMBER was very strong. A possible correction to it's 50% looks probable. I think the price will drop to 0.45$ but I'll be conservative and place my re-entery at 0.50$. And I'll leave some money on the table, incase it goes lower I'll dollar average cost. Remember I sold some XRP up at 0.66$. So, I'm looking to get back in. I didn't sell everything, just a small portion so I can accumulate more letting my money work for my future money. God bless.
BITFINEX:XRPUSD
by JacobTrader100
BSV weekly open == low might mean there is room for it to drop.In my trading days usually a candle stick usually has two wicks, one for the high and one for the low. This week is a perfect set up where the lowest part of the candle is also the open of the candle. That means the week opened up the bottom wick didn't form and bsv went up right away. If 90% of the time both sides of the candle has a wick, then this is a pretty good indicater that the price currently at 180$ will drop to form a bottom wick making the weekly low lower than the open. This is probability on my side, and I only sold a fraction of my position to capture some profits then get back in to increast my position. This week is contraversial to the last post I made about BSV, but as the price changes so does the plan. God bless.
BShort
by JacobTrader100
What will the end result of this week be for BSV?Everyone draws their support and resistence lines differently, this is my channel of support and resistence. As long as multiple buttoms and tops touch the channel, it's as good as anybody elses guess. What's important is to look at where this price is compared to the previous weeks candle. The fibonacci I drew is from the Low to High of last week. So these fibo numbers are only for previous weeks price action. And It seems the price has hit 618 and 5. It seems that the price will retrace upwards by the end of the week. Or the price might stay here, or it might drop to the near low of previous weeks open. So our options then: All involve waiting. Doji option We wait for the near end of the week, creating a doji/hammer. we then sell 25% of our previous buy. at 195$ we are looking for a reversal. Wait for a reversal down, unless it explodes past 200, which is a good thing because then we can take out profits and sell 25% of all bsv holdings. We then formulate a new plan. Consolidation Option We wait and see what it does at 170 range and formulate a new plan. Maybe keep this exact same plan. Down to 150 range Option We wait and see if it goes back down to 150 range area to purchase in some new 25%-50% of funds left to from previous sale. Cheers everyone. Stay safe out there.
B
by JacobTrader100
BSV - Is it going higher or will it retrace?Remember about a week ago, I drew those lines. Like I always say be prepared for both scenarios. There are only two scenarios Up or Down. Find a management system that allows you to profit from both scenarios. I bought at the dip and sold 25% at the current prices. I think It will retrace to 170$, I could be wrong but I am okay because my system allows me to manage my positions and if i miss something, I'll be able to get it next time. Trade with probability not feelings. The only time feelings come in play is, 'Is majority having the same feelings as me?'. If yes, do the opposite, if no maintain course. haha. 1% of people make money in the markets, so that is the thought processes.
B
by JacobTrader100
BSV finally moved. New bottom, New Future.I'd like to ask about the probability of this happening. 0-100% rating system. 1. What is the probability that BSV will shoot lower, move sideways and then shoot up? 2. What is the probability BSV move sideways and then shoots up? 3. What is the probability of this being a fake out, and tomorrow will shoot up? Looking at the history of BSV and how it moves gives us a chance to see BSV personality. 1. What is the probability that history patterns repeat in similar ways? Once we can think of this, I think that the price will hold here a little while or drop more, I'll give it a week to see what it does. Looking at the weekly chart, its a candle without a High wick, this is powerful considering crypto doesnt rest on weekends. The weekly looks strong, so there is a possibility of buyers keeping the price where it is, or there is a possibility buyers want a lower price to get in. Unless major news or utility kicks in I don't ssee the price skyrocketing this week. As I always say, I already have positions in, I've managed my account where I'm a certain percent in with a comfortable unrealized loss %, at the same time I have some ammunition(money) waiting to be placed in at lower prices or current prices, depending on what happens this week. Either way I'm set in any direction it moves. Cheers, Happy trading.
B
by JacobTrader100
BSV. It needs to make a decision soon. Its been 70 days since.I haven't been posting much because I've been busy with school. Be careful, BSV might fake a downward breakout, then reverse and make a new high. Be ready. if you want to go in, I suggest using 30% of what ever you want to use, buy in with 30% then see what happens, if it goes lower drop the other 30% in and manage it. Keep your money safe. Only buy dips. There isn't much to talk about to be honest. BSV is my biggest investment, and it's been 70 days since it made a new low or high. We can look into the small moves but with my positions and how I trade it doesn't affect me. I will do more research on the chart and give some game plan in the next few days, unless BSV decides to move today or tomorrow. Peace be with all of you. :)
B
by JacobTrader100
Bsv, Why I bought more at $180The fibonacci numbers that are supporting the current price of Bsv is very good, if the price lingers around here, it might drop down to $120-150. Which again I'll grab at the first exhaustion, then I'll grab some more Bsv at a second or third exhaustion. Before you make any decisions regarding what I'm doing. Please do your own research and take care. Don't take my advice and assume to make money, you need to figure things out on your own.
B
by JacobTrader100
1
There is a trading opportunity to buy in BitcoinSV/EthereumTechnical analysis: . BitcoinSV/Ethereum is in a down trend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 32. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.51060000 to 0.44390000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.51060000) Ending of entry zone (0.44390000) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 0.61030000 TP2= @ 0.68240000 TP3= @ 0.73080000 TP4= @ 0.78770000 TP5= @ 0.85980000 TP6= @ 0.95940000 TP7= Free
BLong
by ForecastCity_EU
A trading opportunity to buy in BSVBTCTechnical analysis: . BitcoinSV/Bitcoin is in a down trend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 24. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.01071000 to 0.00741000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.01071000) Ending of entry zone (0.00741000) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Take Profits: TP1= @ 0.01418000 TP2= @ 0.01608000 TP3= @ 0.01876400 TP4= @ 0.02147100 TP5= @ 0.02475000 TP6= @ 0.03011000 TP7= Free
BLong
by ForecastCity_EU