Bitcoin SV// UpdateHowever not greatly surprised, the literal exact inverse of what I expected to happen....happened.
Price tested the long term uptrend as a result of the drop in BTC and is finding support around 200.
Price has found support on the midline of the butterfly formation. Didn't enter on the short, but I will look to catch the long.
Check comments for prev . analysis.
Bitcoinsv
Lets play Darts on BSV, the real bitcoin hidden in plain sight ?Beyond the real bitcoin debate and real Satoshi, is BSV a sleeping giant ?
This depends on the turnout of certain events we all know about obviously.
But a natural growth can make it reach 2K very easily, chart to check with log also.
Based solely on technical factors such as transaction / second, mining network etc...
Considering the real bitcoin, real Satoshi issue I won't pronounce myself but it is wise to acknoledge
it as a potential explosive uptrend as well as a downward crash due to unpopularity, in other words,
we have to deal with a double-edged sword crypto here... This makes a risky bet on this one, but why
do we come investing in crypto otherwise ?
Safe trade fellas ;) Let's live 2017 again and again...
Golden Pocket Breakout Looks Evident For BitcoinSV $BSVA Golden Pocket Breakout
Looks Evident For Our
Largest Crypto Position!
We Are Massively Bullish On
$BSV: Bitcoin for Business
*BitcoinSV is Listed on Robinhood!
Bitcoin SV (BSV) - January 24Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We'll get support at 168.280 and see if we can climb above 184.730.
In particular, you need to check if you can deviate from the downtrend line (4).
If you fall from the uptrend line (1) or at 160.820, you need a Stop Loss to preserve profit or loss.
It must rise above 193.680 points in order to turn into an upward trend.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula from the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin SV (BSV) - January 17Happy New Year!!!
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
You should watch for any movement that deviates from the 193.680-216.950 range.
If you fall from the 193.680 point, you need a short stop loss.
However, it may temporarily decline due to the volatility of BTC, so careful trading is necessary.
At this point, the most important thing is not to fall below the uptrend line (1).
It remains to be seen if it could lead to a move to break above the downtrend line (5).
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
BSV/USD Set For Take Off!?But how high will it go?
I put three price targets that could be hit within this month.
Based on BSV/USD past trend, I would see no reason why the minimum price target would not get hit.
One of the questions I'm asking myself is, what happens IF we break trend going north?
Could we see a $2,000 or $3,000 or maybe $5,000 BSV price this month or year?
Technically speaking, it would be in price discovery mode. But this isn't the first time BSV has blasted through the ATH and only to find it trading much lower one year later.
I think we could see higher prices than what many might think, and if we do see those price points, I still don't think the masses have started buying BSV. Seeing as how hard is to purchase BSV.
Also, I think BSV has the potential to go much higher than many might think too.
Have people considered all the BSV that hasn't been collected from the fork due to people either not caring about it or not knowing how to retrieve it from the fork?
Same goes for BCH, and if they didn't collect their BCH, why would they collect their BSV?
There's probably hundreds or thousands and potentially a million + of BSV that are either lost or people aren't going to ever collect due to them thinking it's a scam or they hate CSW and Calvin or whatever reason.
Maybe they don't know how to collect their BSV from the fork?
Anyway, who knows how high BSV can go and the time frame it can happen is anyone's guess.
At the time of writing this, BSV is finding some support between $230 and $240 price and is trading between $250 and $260.
Good Luck Everyone!
Hope this helps and also makes sense, thanks for reading my thoughts : )
Bitcoin SV (BSV) - January 11Happy New Year!!!
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
You should watch for any movement that deviates from the 228.430-280.450 section.
If you go down at 228.430, you need a short stop loss.
If it falls from the 193.680 point, a Stop Loss is required to preserve profit and loss.
A move above the 280.450 point and gaining support may lead to a move to break above the upward trend line (2).
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
💡Don't miss the great buy opportunity in BSVUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (189.9400).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BitcoinSV/TetherUS is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 79.
Take Profits:
TP1= @ 258.9887
TP2= @ 293.8600
TP3= @ 323.9673
TP4= @ 379.5270
TP5= @ 448.7257
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 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 ❤️
💡Don't miss the great buy opportunity in BSVUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (189.9400).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BitcoinSV/TetherUS is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 79.
Take Profits:
TP1= @ 258.9887
TP2= @ 293.8600
TP3= @ 323.9673
TP4= @ 379.5270
TP5= @ 448.7257
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 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 ❤️
Bitcoin SV (BSV) - January 6Happy New Year!!!
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We need to make sure we can get support at 168.280
We have to watch for any flows that deviate from the downtrend line (4).
If it falls from the 160.820 point, it is a short stop loss.
To turn to an uptrend, you must deviate from the downtrend line (4).
From the CCI-RC indicator, the CCI line is located below 0.
You need to see if there is an upward break through 0 and an upward movement towards 100.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin SV (BSV) - December 28Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
With support at 168.280, it remains to be seen if it can break above the downtrend line (4).
The rise is expected to begin as it breaks above the M-Signal line on the 1W chart.
If it falls at the uptrend line (1) or at 160.820, it is a short-term Stop Loss.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** CCI-RC indicator is an indicator created by changing the set value from the existing CCI indicator. Therefore, the interpretation is the same as the existing CCI indicator.
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
BitcoinSV Is Holding Support #BSV #BitcoinSVBut don't worry, support and resistance is really a fallacy when it comes to BSV and some could argue many other assets.
I honestly wasn't sure if we would ever hit this line but looks like we did, but is it a good thing?
It is a good thing, maybe it's even better if it breaks lower depending on you perspective towards BSV.
Actions: Accumulate and use...bet you won't see that written on any BTC chart analysis ; P
Bitcoin SV (BSV) - December 23Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We need to see if we can get support at the uptrend line (1) and break above the downtrend line (4).
The volatility around December 24th (December 23-25) will have to watch for movements that deviate from the 160.820-193.680 range.
If it falls from the uptrend line (1), it is a short-term Stop Loss.
Along with BCH, this year it is one of the weaker coins.
Coins that belong to the weaker side like this should make a box section to see if they move sideways.
If the box section is formed to keep the sideways sideways steady, it can be said that there is a high possibility that good results will be obtained next year.
However, you don't know when it will rise, so you need to set the ratio of your investment.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** CCI-RC indicator is an indicator created by changing the set value from the existing CCI indicator. Therefore, the interpretation is the same as the existing CCI indicator.
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
BSV/USD Looks So Good on a Line Chart!I previously posted a monthly chart of BSV with kind of a negative outlook. I have been dabbling around with line charts lately...you know...because they say don't use line charts in your trading!
So maybe there's something to the line chart that most people are pointed away from?
Anyway, this looks so beautiful to me! So clean. Don't you think so?
I don't need to do any explaining on this chart...that's the beauty of this.
For the long term traders out there, I want to encourage you to use line graphs to help see patterns and things that might keep you in a trade longer. Or take you out of a trade sooner.
I don't know if follows really matter on trading view but give me a follow, I'm on twitter too!
Bitcoin SV (BSV) - December 16Good morning?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We need to see if it can rise along the uptrend line (1).
You need to make sure you get support at 168.280.
If it can rise above the M-Signal line on the 1W chart, further gains are expected.
Breaking off the downtrend line (4), if it could rise above the 193.680 point, it is expected that the upside would begin to rise above the 280.450 point.
If you fall at the uptrend line (1) or at 160.820, you need a Stop Loss to preserve profit or loss.
However, if the price is maintained above the downtrend line (3), a rebound may occur, so careful trading is necessary.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
Bitcoin SV (BSV) - December 12Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
You need to see if you can get support at 160.820 or at the uptrend line (1).
If supported in section A, it is expected that there will be a move to climb above 193.680 points.
However, if it goes down, you can touch 106.420 points, so you need to trade carefully.
-------------------------------------------------- -------------------------------------------
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
Bitcoin SV (BSV) - December 7Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We must see if we can ascend above 193.680 points.
If it falls from the 146.0 point, a Stop Loss is needed to preserve profit and loss.
-------------------------------------------------- -------------------------------------------
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)