BSV
Bitcoin SV - Scenario 2Because the move up slightly invalidated our previous pattern, I have created scenario two, this lines up with the Coingeek announcements slightly better.
Either way, we will drop from here.
A drop below 275 - 285 is expected for this scenario, although I cant rule out a drop to around 250 under this pattern.
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.
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BSV my first lookPole and bull pennant gives a very bullish impression. But if BTC drops, BSV will drop very hard. Bearish harmonic completed.
My personal bias is that this coin will die like XRP. I can be wrong, Craig Wright can still find the keys to the satoshi wallets and shore up his coin.
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.
Trend analysis of xrp and bsvXrp's trend, if you recover from the historical trend, he has been in a long bear market, and in 2018, after his rebound in October, December did not appear like other mainstream currencies, the break, but fell to the Low of August to stop. But God is fair, and in last year's adjustment, xrp was the weakest mainstream currency, falling below the 2018 low and completing the work of making up for it. At present, the rebound met with $0.3 resistance, indicators, macd and rsi are relatively healthy, do not constitute adjustment pressure, focus on the support of ma6,if according to the right-hand standard, fell below ma6, should be left to wait and see.
bsv, as I have said many times before, if we look at the technical trend, a wave of bull market adjustment, if macd can not form a golden fork, the price can not effectively break through $313, the rebound success rate will be relatively low, and down, falling below ma36 may replicate the trend of 2018 xrp
Suggestion: I always stick to the right-hand trading strategy, so don't predict where he's going to go, we have to do it to set a stop loss position and when triggered, leave the market.
Bitcoin SV - Wave count still valid.This chart shows what waves we still have left of the pattern.
Please note levels are not set. its just to map out the expected waves.
BITCOIN BSV THE BEST SWING TRADING ASSETTHIS IS HOW MY INDICATOR VIEW BITCOIN BSV, INCREDIBLE SWING PLAY.
Bitcoin SV Updated Wave CountUpdated where I think we are in the wave count.
Please note, the levels of the count wont be exact, its more just to map out the fractal wave counts to help us find out moves and open our trades.
Im still looking to short from 328 and buy back in at 235.
Please don't buy thisI've warned you 3 weeks ago and it already fell 33% and will continue falling until this garbage is erased.
I'm begging you, don't be stupid and fall for this ridicules Craig Wright bullshit..
Volume is fake, Infrastructure is fake, Craig Wright is fake.
BSV - GENESIS UPGRADE approaching !!!BSV looks great to me !!
If this was a PUMP and DUMP like almost every youtuber and crypto twitter account is suggesting, it would not have such a consistent chart !!!
Look at that beautiful bullish flag the price is drawing just under the previous resistance is drawing !!
The necessary energy to clear previous ATH is forming at the right point !!
If you followed my advice you'd be back in again since 259 USD.
Enjoy the ride !!
4th February 2020 is GENESIS UPGRADE time !!
The UK Government may use BSVFebruary promises to be interesting in terms of events, and Craig Wright talks to British politicians. Wright took the opportunity to explain the benefits of Bitcoin SV to the higher legislature. Those present were apparently satisfied with his ideas. Central banks wanting to create their own digital currencies can benefit from adopting Bitcoin SV or consulting nChain.
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.
Triangle Completion Just in Time for Genesis?Using (Bitfinex + Bittrex) / 2 for this chart. The triangle looks small proportionally so keep in mind this could be a B-wave triangle of a larger correction. However, the overarching wave structure still implies big impulses to the upside are coming for Bitcoin SV. The same pattern is playing on the BSV/BTC chart.
As some food for thought, the timing looks like it's lining up well with the genesis upgrade - 11 years 1 month and 1 day after the original genesis block (11:11)
Bitcoin SV - Still waiting for the drop.We have been stuck in this correction since around the 15th Jan. We have managed to make take a few successful trades catching the corrective impulses since then.
Although the pattern is slightly different then expected, it should still play out and we should see a drop below 235 to then start to look to load up to catch the larger impulse to break our ATH.
Bitcoin: A Peer-to-Peer Electronic Cash SystemAs you can see, bullish all the time. The market will verify which Bitcoin is the real one. I know it. A $ 500 target is available after hardfork.
This is not investment advice. This is my private opinion.
BSV SHORTERS WILL BE PUNISHEDBSV is holding monthly support. The fact that everyone is writing it off as a scam pump makes me think we will go a lot higher. Now I dont think its a good investment but most coins in crypto are not good investments.