ABC / SV battle
ABC has fallen very quickly from 0.040 BTC to 0.030 BTC.
SV has risen very quickly from 0.020 to 0.030 and temporarily crossed ABC.
If we look at the fundamentals: ABC still has 10-20k daily transactions. And SV has around 5k daily transactions.
This could give us an indication that right now ABC is undervalued and SV is overvalued. If ABC starts to bounce from here, it could trigger a fall for SV.
In other words a good R/R ratio. I haven't set up any Sell targets, but that won't be to hard to figure out. The main point here is: ABC, undervalued. SV, overvalued.
This is not financial advise, I'm just expressing my own opinions
Comment any thoughts you may have to this setup
Naturex
SV has risen very quickly from 0.020 to 0.030 and temporarily crossed ABC.
If we look at the fundamentals: ABC still has 10-20k daily transactions. And SV has around 5k daily transactions.
This could give us an indication that right now ABC is undervalued and SV is overvalued. If ABC starts to bounce from here, it could trigger a fall for SV.
In other words a good R/R ratio. I haven't set up any Sell targets, but that won't be to hard to figure out. The main point here is: ABC, undervalued. SV, overvalued.
This is not financial advise, I'm just expressing my own opinions
Comment any thoughts you may have to this setup
Naturex
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