Bitcoin SV (BSV) - April 23Hello?
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You should see if you can get support on the uptrend line (1).
Also, it should rise above the 192.730 point.
See support, resistance, and abbreviation points.
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It's time to focus on selling rather than buying to preserve profits.
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Description of abbreviations shown in chart
R: Resistance point or section, where a counter is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
Bitcoinsv
Bitcoin SV (BSV) - April 17Hello?
Dear Traders, Nice to meet you.
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The important section is 214.210 ~ 237.390.
This section is also a section where a high point was formed before, and it is a meaningful section near the middle of the section that rose in 2020.
I think whether it is possible to rise above this important section or not will be an important task during the remaining Bitcoin Halving period.
If you continue to fail to rise above the critical section, you will eventually fall.
When falling, the uptrend line (1) will play an important role.
If you fall below this uptrend line (1), we believe that trading is necessary to preserve profit.
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It's time to focus on selling rather than buying to preserve profits.
----------------------------------------
Description of abbreviations shown in chart
R: Resistance point or section, where a counter is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
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Thank you for always supporting.
Bitcoin SV Chart Mapped (Support & Resistance Levels)Here I am mapping the Bitcoin SV vs Bitcoin (BSVBTC) chart.
Multiple resistance levels have been conquered giving the bulls here the upper hand.
Prices can easily make a strong jump next (green arrow).
Conditions for change
If prices move below EMA100 (in blue) this set up can easily get invalidated, but if this comes to pass we are likely to see a bounce after the drop... Sellers are already exhausted and the RSI is really strong.
Namaste.
Bitcoin SV (BSV) - April 8It has risen between 214.210 and 237.390, an important section.
You need to make sure you can climb to the 237.390 point.
You should also make sure you can get support at point 214.210.
If you get support and ascend between the important segments 214.210 to 237.390, I think there is a possibility to touch the 287.380 point.
BCH Halving is around April 10, so I'm not sure where to go.
In this case, I think it is best to respond by looking at the flow of the chart.
I think split trading is an important method of preserving profits.
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I think the current situation is not very good to understand the overall flow of the coin market.
Accordingly, it is time to focus on selling rather than buying to preserve profits.
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"Like" is a great power for me.
I will try to reciprocate with better information.
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Bitcoin SV (BSV) - March 31 (4h)It must be supported by the uptrend line (1).
In addition, support must also be received at 135.000 points.
It is possible to set the 135.0 point to Stop-Loss.
You need to make sure you can climb above the 172.910 point.
It should rise to the short-term downtrend line (2).
The key point at the current location is 214.210.
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Most altcoins are affected by the flow of BTC and are gradually losing power.
In this case, you need to be careful about altcoin trading.
We believe that the altcoin must have a lower USDT dominance in order to gain power.
Before trading altcoins, it is recommended to check the flow of the USDT Dominance Chart and the BTC Chart first.
USDT dominance chart.
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BSV OUT PACING BTC SHORT TERM AS HEDGE TRADEBITTREX:BSVBTC BSV/BTC over the last 95 days has gained 130% in value.
BITTREX:BTCUSD BTC/USD over the last 95 days has LOST -11% in value.
BTC is king and will be 2 gazillion bucks one day sure sure sure, BUT for NOW in the short term we can buy and scalp BSV/BTC for satoshi's. This is A TRADE IDEA NOT a stance on who has the best tech or biggest idiots on either side.
BTC... the dump continuesBTC has not yet reached any serious support. It looks like it should drop to the 3000 level, before the halving.
It will then be pumped up to 8,000 + after the halving, before dropping sharply as miners dump to recover from their mining losses.
This situation is major because once miner profitability drops sharply, rational actors will leave for a more profitable chain.
This will cause the theoretic chain death spiral, which is a vicious cycle where a chain dies.
I expect BTC to drop to $3,000, when this happens BitCoin SV will likely drop over 60% in value as it dumps harder than everything else.
This move could present buying targets between 20-50$ prices. Major fire sale. Get in on the real Bitcoin, as Satoshi envisioned.
TIP ;) :
Craig really is Satoshi, he will be dumping masses of BTC this year. Only one chain will survive the storm.
Lower range of bullflagLooking at one more possible dip, but still think this is a decent place to buy if you're willing to go through another -10% drop.
BSV, Will reach the all-time high in a few weeks.BSV, Will reach the all-time high in a few weeks.
I'm thinking that the BSV has still got the energy to grow up fast.
Even Craig is Satoshi or not (thinking that he might be Satoshi more than 50%), no way to prove this argument and also this situation and the way they are building BSV is quite right on the way of the blockchain industry.
These sources(Craig and Satoshi, way of building BSV) are the energy to bring people to invest in blockchain again.
And also, there are Whales in BSV.
Let's go!Looks like a breakout is likely, but watchout for that resistance ~270-280.
I plan to sell there, and then reload on the pullback.
Need another pushMay be in wave 1 of 5, approaching the final upwave of said 1 of 5.
Current target is ~$270, whereby I'll probably sell, and wait for a pullback down to ~230-240 range.
If this plays out and we stabilize in that 230-240 range, I'm going all in.
Ready to Go!Just bottomed out right on the golden pocket. Great retracement for a major wave 1. Could this next phase be Wave 3 where the largest gains are typically made?... one can only hope, and read the charts.
I will say that I'm not sure what fundamental reason could spur this, but the price is in a nice area of support so risk/reward is low.
I will be especially bullish if we can reclaim the 240-250 region and bounce off current levels again.
Other than that, things look good to buy at these levels.
Fibonacci retracement say's no!When they were young they were the heart-throbs of the cyberpunk community but at 68, after several rounds of plastic surgery and botox, nanotechnologies and brain-computer interface updates the freakish Bogdanoff twins are now on the path to destroy crypto market without survivours. Why? Because after the crash there will come the new era of enlightenment and unprecedented technological progress lead by Bitcoin SV. Or HEX... there's always a chance that HEX will bring 39 000 000 % return in next 6 days.
– SATOSHI NAKAMOTO whitepaper, page 72
Bitcoin Faketoshi Vision ( $BSV 1W) we all have our favouriteCurrently there are several bitcoin’s fork battling for the title of true Bitcoin, Bitcoin cash SV is one of them.
I do not favor either of them but this analysis has been requested to me so I will give my take on it.
It is true that this altcoin can be traded, and I trade the chart not my opinion.
What I can say on the first glance at the chart is that the price is making higher highs and higher lows on the weekly time frame. This is significative of an uptrend and a positive point.
As to how high it can go. I don’t know, when making ATH only price discovery can tell.
I draw 2 double bottom pattern one on the chart and one on the RSI.
Like all pattern the pivot point is often retested so here is my speculation on how it may happen:
The positioning of the Elliot’s waves is highly speculative, but it can give you an idea on the typical behavior of the price in bullish markets.
I expect a “wave 5” who will made new highs but on an RSI divergence then a correction back to the neckline of the weekly W. to me it would make sense midterm. Long term there is a high probability for the trend to continue to the upside.
To me it’s always better to buy low. Wait to see some serious retracement from this 500% move before considering making an entry.
If I was a holder I would consider taking a lil bit of profit just to enjoy holding that long.
Do not forget to rebalance your portfolio if needed be, now may be a good time.
It’s a bit of a surprise really but this coin (and the project) is far from dead.
As time goes by, I will keep you updated on the evolution of the coin, so make sure to follow me on Tradingview
Disclaimer : This is not financial advice as I’m not a financial adviser.
This is just my knowledge on what can be said and done from the chart.
Due to the volatile nature of the cryptocurrencies market, it can change on a day to day basis.
Everyone is wise to manage their risk properly when considering any trading decision or activities.
BitCoin SV LONG IDEA - UpdatedThat was quite a good correction, presenting buy opportunities in the fire sale.
We will see a move towards $1000+.
Big announcements at CoinGeek London in four days.
Look for the decoupling.