BSV - looking bearish on usdEven if on the BTC pair it is looking quite bullish,
It looks terrible on the usd pair.
Break-down.
Backtest complete.
Sinking like a rock !!
Please do not shoot the messanger.
BSV
BSV - i t i s a l m o s t t i m e !The MACD indicator is crossing bullish on the Monthly Time Frame !!
We are at the apex of the bullish descending wedge !!
The next 15 to 30 days will be interesting !!
B U L L I S H ! ! !
BSV looks similar to AppleTechnically, both show a similar structure with a leading diagonal, a long correction, an ugly rounding top and a struggle with the 0.618 retracement.
Apple also had a bad narrative in the nineties like BSV today. Microsoft were taking over, bankruptcy was on the verge and the products weren't very popular.
In my opinion, BSV is the riskiest bet in this market but one of the very few with an enormous risk/reward ratio. Obviously a breakout is not imminent and it could take years for reasonable prices. Only a catalyst from outside could move this crypto and we all know there is only one potential event that could make this coin break out.
BSV on the verge of supportBSV is close to the previous support, which has bounced back multiple times when the support is broken, could bring the price down to around $ 64. The first resistance, however, is $ 107.88. In the coming days, it is possible to try to exit the downward trend, but a lot depends on the behavior of BTC.
The Black Swan they dream byNO INVESTMENT ADVICE!
It could be more fast, or it cant even happen at all lol
happy trading.
BSVUSDT is the best choice to open a position todaymost of the tokens are going somehow exactly as bitcoin is going, so I analyse BTCUSDT chart first then I choose the token with more movement (based on the percent it has gone up or down) so today BSV is the best choice for higher gains
everything is on the chart, if the price comes below 146 I will open a short position after a pullback and if the price goes above 155 I will open a long position after a pullback.
My Bet is On the Downward movement based on my analyses.
BSVUSD Staggered Fib ExtensionsAn idea and observation for BSVUSD
Showing the peaks consistently moving up as per each fib level going from 1 -> 1.618 -> 2.618 and finally the predicted 3.618
50MA is beautifully structured and is just waiting to break out of this stability that price is in
Decoupling of Garbage Coins- Zooko Time to Shine?!With ZK Rollups being the hot-topic of ETH hopium discussions, ZK Snarks should be in discussions as well. That, along side the recent volume and strong technicals on HTF for both the USD and BTC pair for ZEC is my reasoning on being bullish. Unless Zooko increases the founders reward to buy some more groceries, NGU.
#BSV Bitcoin SV LOG Chart- 5X potentialI always wonder why BSV is offered on Robinhood and not on Coinbase. :P
I put together a Log chart on a 1D and looking at history to assume where this is going.
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
🆓Bitcoin SV (BSV) Oct-31 #BSV $BSVBSV is having an important support zone at $ 160 and if it does not lose this zone, in the near future, BSV can strongly increase to the $200 and $290 zones. But if it loses the $160 zone, it will fall back to the $130 zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 160$ zone
🔴Buy : 160
🔴Sell : 200 - 290
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 160$ zone
🔵Sell : 160
🔵Buy : 130
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
#BSV BSV Bitcoin SV 4H ChartInteresting: Symmetrical Triangle formed with a bull flag design. If taking the flag staff at breakout, it just about touches the 0.65 Fibonacci level. Also notice the volume has not been there for BSV for over 150 days. Something is brewing for sure. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice.
Real Bitcoin targetsThe cryptocurrency market boom is nearing its peak. Targets on chart. Only BSV is real Bitcoin.