I want you to look at this chart and get excited... not because you like BSV... I don't care if you do or don't, the reason you are excited is that BSV is about to gain HUGE percentages... When BSV runs... it RUNS!!!
BSV IS SHOUTING IT FROM THE ROOFTOPS HAVING FORMED A MEGAPHONE PATTERN also known as a Broadening Wedge.
What Is a Broadening Formation? A broadening formation is a price chart pattern identified by technical analysts. It is characterized by increasing price volatility and diagrammed as two diverging trend lines, one rising and one falling. It usually occurs after a significant rise, or fall, in the action of security prices. It is identified on a chart by a series of higher pivot highs and lower pivot lows. The chart below shows an example of a classic broadening formation. Investopedia
Q. So why would you trade BSV? A. BECAUSE YOU LIKE MONEY!!!!!
I have added on the chart a short term wave structure that I feel is likely and in pattern with what I currently see in BTC.
Sometimes I make charts and you all think... wow LISA IS REALLY CRAZY... but I am also usually right... So up to you <3
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If you are unsure of direction or feel you are over trading I have a moto. IF IN DOUBT SIT IT OUT! There is no shame in not being in a trade. Stick to your game plan, wait for a set up to be confirmed, and ONLY take a trade if it all aligns.
So please I welcome your comments and CONSTRUCTIVE FEEDBACK - ALL HATERS WILL BE FLAGGED AND REPORTED! And remember, there is NO RIGHT OR WRONG in trading - just money management!
REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION (minimize your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!
<3 Lisa
DISCLAIMER:
The Legal stuff - I'm not a financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...
PS make sure you give me alike, that way you get updates as I post them.... :) <3
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MAs about to cross BULLISH on 4hr chart, lower timeframes have already crossed
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BSV has extended this correction but has had a strong bounce off support - needs to retest the upper resistance
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Still in subwave A of our ABC here
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Full corrective count
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BSV has reached Target we will know the overall direction from retrace
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Correction could go a touch deeper than this but holding strong currently
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On counting lower timeframe wave patterns, there is a possibility that BSV is currently in the 2nd wave about to head into the Primary 3rd
been looking at this for months, I am still new to this but looking at the chart, is it about to take off?
LisaNEdwards
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@wolffex46, I believe so, it is also in line with a BSV conference starting too
ttk100
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Some months ago you said that bsv would go from 450 to the moon, because it was the real bitcoin. you went long , i shorted... We decided to "let´s see who is right!"
Are you still convinced the centralized coins are worth of supporting?