Still correcting from January?I was counting this most recent upmove as a wave 1 of the final 5th wave, but this is an alternate count just in case.
Watch crypto markets today, and if we keep seeing little stairway action up and elevator rides down, I plan to dollar cost average and honestly buy the dips. I bought the bottoms of both dips yesterday and today, and think we should get an upward corrective move today with the RSI divergence building .
I hope this count is wrong but I hope this offers a frame of reference to those that have no idea what's going on. I will say that IF this hits $200, buy that shit. cause my 5 of 5 target is ~ $560.
Bitcoinsv
BSVUSD Long OpportunityOrders along the green trend line are the opportunity to go long. The entry is $280-$305.
I like the trend, and the clean reset of the RSI which confirmed a perfect hidden bullish divergence on high time frames.
On higher time frames, we are still keeping trend too.
A healthy reset before the potential for a "CoinGeek pump" going into next week's conference is also a bit of significant FA.
Tips Appreciated: $Kurt
BitCoin SV LONG IDEA BitCoin SV is the real Bitcoin.
You can see a strong trend-line that has been supporting the price since the beginning of 2020.
This is a very lucrative trade opportunity. The fundamentals look good. BSV can scale. Craig Wright taking his database rights battle to the illegal Bitcoin forks.
You're in or you're out of what could possibly be the best investment of the decade.
Pullback? Pssshh who needs a pullbackTotally thought we were gonna retrace a little more but I guess we're going? Currently looking for a good place to buy.
Buy the Dip!Looking to buy another pullback here before going higher.
Alternative count is that the full 5 wave move is complete, but that would just imply a deeper correction into the lower green zone.
Overall pretty bullish right now.
Bitcoin SV: Potential pull back.BSVUSD is consolidating after the aggressive run that led to a peak on January 14.
Levels to watch:
- The Resistance is at 457.500 while the Support at 76.500.
- Golden Cross took place right after the January 14 top. Last time this happened on a top (June 2019) it initiated an extended pull back to the 0.786 Fibonacci retracement level.
- The MACD is printing a similar pattern to June's 2019.
- 253.500 is the former Resistance and where the price found Support after the January 14 top.
Projection:
- This appears to be a cyclical pattern for BSV. Golden Cross marking the top of a bullish leg and then progressive decline first towards the 0.500 Fibonacci and then a bottom on the 0.786 level. If however the 457.500 Resistance breaks, then this pattern is void and we can see new highs.
If you like this idea give us a like, follow and share your thoughts in the comments section below. Remember to stay tuned for future technical analysis , news, updates, and more from PrimeXBT!
Can Bitcoin SV Continue Growing After 474%? @alanmastersBitcoin SV (BSVBTC) went on a great run that started in late September 2019 and peaked this past 14-January, this wave hit 474% from bottom to top... Can Bitcoin SV go higher?
Previous charts with bullish wave | Nov 23, 2019
Jan 4, 2020
Normally, we would expect a retrace after a strong bullish move, and a retrace here can surely happen but, we are having some signals that are pointing to additional growth without much retrace... Let's take a look at those:
Prices moved back above EMA10 after a strong rejection on the 3-Feb.
Volume is really low on the drop.
MACD and RSI curving strong.
Higher lows being printed.
Warning, these signals not necessarily mean that BSVBTC will continue straight up, but that there is the possibility of this happening...
Conditions for change
The main support for this whole structure is sitting at 0.02733431, if this level breaks the above signals become invalid.
There is also the chance we see a lower high or double top and then a retrace can take place... So far, BSVBTC is holding strong and has the possibility to continue growing right away.
What will it be?
That is for the market to decide, we trade based on what is happening and not on what might happen next.
Thanks a lot for your continued support... I am always grateful to you.
Remember to hit LIKE 😊
Namaste.
BITCOIN BSV THE BEST SWING TRADING ASSETTHIS IS HOW MY INDICATOR VIEW BITCOIN BSV, INCREDIBLE SWING PLAY.
Bitcoin SV - Still the same picture.Quick BSV update.
Im still expecting the move up to break 328 before we drop to the 235 (maybe below) level. Nothing has changed just the current smaller corrective pattern.
It actually looks a little clearer now. I am also doing video updates on Streamanity. but I need to check with the TV guys if I can post.
Bitcoin SV - Extended C wave.It looks like we are painting an extended C wave now due to the corrective nature of the smaller move.
Expect a pop up to break the top of the A wave followed by our expected drop to complete the correction
BSVUSD LONG - Swing Trade Strategy by chetraderHello friends, how are you?
This is not a signal that just starts like the last updates.
It's mostly a look back at how well "Swing Trade Strategy by chetrader" did at BSV
The results are impressive, a pity not to have taken them live, but to be taken into account for the next one.
Enjoy!
BSVUSD retour entre 284 et 305 USD puis 364 en mireNous faisons une petite consolidation en 4 pour un objectif de vague 5 à 161.8033998%, 364 USD.
Le haut de 5 pourrait s'arrêter à 325 USD ou 340 USD mais c'est moins probable.
Bon trade
Bitcoin SV - Path becomes clearer.We closed our previous BSV trade in good profit once i saw the pattern develop a little more.
I now think that we were actually completing a larger B wave (rather then an A for the new trend up.) and we should see a final impulsive C wave down.
We should then be good to start the new series of waves up to break the ATH.
The two levels I expect the C wave to complete are boxed on the chart. It depends if we see a contracting, regular or expanding flat.
I will update accordingly.
Could be ready for wave 5...note: this is simply my opinion, but....
BSV is holding it's own while everything else is bleeding.
It was the first to really take off, and started correcting earlier as well.
IF, and only IF we get back above 270 and start uptrending again, we might be looking at some more sweet gains.
But be vigilant. Set alerts and check it often cause this thing acts quick.
BSV/USD Bounce Play Off Previous ATH ZoneTips: moneybutton.com/@kurt
Handcash: $Kurt
Buy - between $240-$255
Stop Loss - A Daily candle close below $240
Target - wicks at $270-$280
Risk - ~5%
NOTE: Signal is for a 1-4 day bounce play, and subject to reevaluation.
Elliot Wavers are looking to touch the parabola and take off to $700, but horizontal support and resistance demands a bounce play off of previous all time high between $240-$250 to take a long position with a profit zone of $270-$280 for a short term swing trade.
The line that is acting as support was drawn many months ago as it was the peak of the previous all time high. When previous resistance acts as support, the bulls should pay attention.
This daily is also arguably a bull flag, and if it goes bullish with strong volume, we may see a new run for a higher target. I will re-evaluate in 1-4 days or at $280 - whichever happens first.
IS BSV ABOUT TO MAKE A NEW ALL TIME HIGH? Hey Traders!!!!
Welcome to 2020 and the most hated coin in the crypto space, is making the BIGGEST PROFITS...
I suggest googling the news for some updates :)
So why is BSV going crazy? Is it the REAL BITCOIN.... Is Dr Craig S Wright the 'REAL' SATOSHI?
As we come up to BSV Genesis Hard Fork, one week ago we had the release of the second Beta version of the Genesis Hard Fork, and 4 days ago the updated specifications also released.
So LOVE it or HATE it... BUT, if it actually is the REAL BITCOIN.... and you have a second chance to BUY IT under $300... are you crazy not to buy just 1?
THIS IS NOT A RECOMMENDATION TO BUY ANYTHING... JUST A THOUGHT... WHAT IF BSV IS THE REAL BITCOIN?
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 financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...
PS make sure you give me a like, that way you get updates as I post them.... :) <3
BSV/USD - Shitshow continues (Thanks for 700 Followers)Hello friends! As much as i hate trading heavily manipulated (shit)coins, we do have a nice trading opportunity with Bitcoin SV (BSV/USD).
The price is consolidating in a Bullish Pennant. The decreasing volatility is pointing towards a breakout of this pattern (which also appeared before).
It's important to notice that we do not trade inside the pattern. We trade the breakout , which is less risky.
Therefore, we need the price to hit our Entry level, which also confirms a breakout of the pennant.
Our Stop Loss is located around yesterdays low - i prefer having a tight stop loss when something is peaking at 500% during 2 weeks.
Our target is located above our previous high.
We need volume for a breakout. I don't expect retail traders to jump on Bitcoin SV during a breakout. This will more likely be backed by random (shit)news and wash trading.
Let me know what you think!
cheers,
cryptobuller
Identifying The Enviroment With Weekly RSI ZonesWhile looking at your weekly chart, we can find a pattern to work with. Our YELLOW zone is what i like to just call the "Bull Market Zone". While in the bull market zone we can easily see that RSI is constantly oversold and stay right above the fifty-eight (58) on the RSI. Next, we come to find our "Sell-Off Zone" which is the PURPLE area. This typically falls into fifty-eight (58) and all the way down to thirty-six (36). While in this stage, we begin to enter the confirmed bear market, which is right about when we pass down through the Two Hundred (200) MA. The last zone to highlight is the "Mass Capitulation Zone", which is the RED area. In this instance, we are selling off extremely hard, as hodlers are not ready to let their Bitcoin drop to such a low point. This area can be found with thirty-six (36) through twenty-one (21). In the mass capitulation zone... BUY!!!!
Bitcoin SV New ATH on Bittrex | Where Is The Top?Ok, so Bitcoin SV (BSVBTC) just hit a new All-Time High (ATH) on Bittrex and I know what's the question on people's minds...
Where is the top?
Who knows!!!
Wait... just kidding.
Looking at the Fib. proportions, the top can be found around 0.13927829 BTC ending in a long-wick candle. If this high is hit prices aren't likely to stay there for long.
This is just the bullish scenario, but looking at the volume and MACD, this can go for much longer.
Previous chart: Bitcoin SV Reaches EMA300 | Can Grow 175% After Break
Thanks a lot for reading.
Remember to hit LIKE!
Namaste.