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 ! ! !
Technically, 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...
BSV 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.
Bitcoin SV is close to test two important support lines and most likely it will. What is the utility of those Bitcoin forks anyway?! Aren`t they useless?
Little zoom-in on my BSV chart... Keep your eyes on the potential breakout.. Overall im positive and i have taken my position.. but if things head south i will drop it faster than you can say "i told you so".
Bsv looks quite stable here for a good launch, this coin has done nothing but consolidate since coming in to the market this shooting for the stars could very well be in the cards, I have a small bags myself
Correction complete now... Reversal to bullish and moving on to new heights. BSV at 600 usd in 2023. Topatop!
You will see. The future will bring a change in the king of cryptocurrencies.
This is mostly just a hopeful prediction. I am seeing a similar pattern to about a week ago and could see the takeoff coming soon.
BSV has broken out of the downward trend and is primed to move upward. It has been moving steadily down and finally hit what looks to be a floor. Pure speculation but it could be related to the mass inflow of usdt moving into exchanges that also sell bsv.
NO INVESTMENT ADVICE! It could be more fast, or it cant even happen at all lol happy trading.
most 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...
some people don't think it be like it is, but it do.
BCH will melt faces.. longest chain than Bitcoin. 32X faster than Bitcoin less fees because of higher block size (32mb).. there is no block size limit on the white paper.. The True form of Bitcoin is peer to peer electronic cash!
An 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
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.
I 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 ....
BSV 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$...