I am back again with another market analysis. If you have no idea where I have popped up from that is ok, check out my blog which will give you a little insight into my trading journey.
BCHSV – It has been a hard week for BCHSV as Craig decided that he would go on a rant about how he is Satoshi. I have left value area box from the 10th April to show how price has stayed within this area even after Craig decided to go on his twitter rampage. I try to keep away from the because the news is always slow to react and the charts are the fastest way to see when something has changed. If you look at the tweet from CZ , the big boss at Binance you can see that the time of his tweet **FCUKED** the Bitcoin Cash SV market.
I will be honest it is not CZ’s fault, but what Craig is doing is directly affecting the industry and the SV coin. I doubt I will be able to provide more until Craig decides how he is going to approach his quest to prove that he is Satoshi. Fundamentally the coin should be fine, but remember that people like CZ can change the game in one tweet.
“Patience is the key to any market” – Nathaniel.
Next update will be in the coming week – Thank you for your love and support.
To make my life easier I have built a custom pine script indicator, which gives me an indication of where the value price is based on the criteria I used for my market analysis. Watch this space :-), but I think it is publicly available already, so be my guest and use or enhance the indicator. Just let me know if you make any improvements as it could help me as well.
Nathaniel – “THe BiPolar TraDer”
Little Big Movement