BSVBTC
BSV ANALYSIS There has been a sharp upward movement and this movement has ended from where we entered start on the chart and the correction has started from this point.
It seems that our movement is a diametric. We have identified the first serious supply on the chart and it is expected that wave d will end in this range and then we will enter wave e.
We specified the targets on the chart.
We specified the invalidation level on the chart. Closing 1 daily candle above this level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BSV SHORTI think that BITCOIN will go back to the last pump start level that is about 26500/26800, THERE WILL SEE WHAT WILL BE THEN...
So some ALTS like BSV, TRB and others that had big PUMPS will have a good correction before the next UPTREND.
Be careful!
DON'T RISK MONEY YOU CANNOT AFFORD TO LOOSE
And by the way, don't open big position with high leverage, the best way is accumulate a position at different levels until will be the trend change..
BSV SEEMS TO ENTER NEW VOLUME WITH ATH BREAKOUTThis update is regarding BSV's long-term outlook. Based on our thorough analysis, it appears that BSV is poised for a notable surge, potentially leading to a new all-time high and surpassing the $400 target.
This update stems from a trend signal we detected through a meticulous examination of the volume range. Our study suggests that BSV is currently entering a new trend characterized by the involvement of influential market participants, commonly referred to as whales.
USDT seems an interesting stable coins for the orders of BSV.
our focus lies not in blind optimism towards various cryptocurrencies, but rather in assessing specific coins based on factors such as market interest, technical analysis, and the likelihood of whales making strategic moves.
In the case of BSV, we have closely monitored its past performance, particularly observing four previous pump trends. Based on our analysis, we believe that a fifth pump trend could be imminent as the cycle unfolds.
This insight emphasizes the potential for further growth and prosperity within the BSV market. However, it is important to remain mindful of the inherent volatility of cryptocurrencies and the possibility of unforeseen developments.
Let's see if this update can be a historical trend where we start for a new cycle BSV.
BSV : NEW INCREASE TIME TO STARTAfter we have seen a movement in BTC, and BCH, the Technical side shows a breakout possibility on BSV.
One thing is that BSV the only BTC that follows the idea of satoshi of Nakamoto 100%
We expect that BSV can have coming time a volume increase since some pattern confirmation shows a high chance of a breakout.
We will follow BSV to see If this breakout will play in the coming time over.
One of the most targets is $79 followed by $110
There is a trend going on in HK with new exchanges, this can be a volume change for BSV also.
It can take some time, but the interest will stay the same.
Know the risks of trading, this update means only as expecting views and not trading advice.
BSV info
Bitcoin SV (BSV) is often claimed to be the coin that follows the vision of Satoshi Nakamoto more closely than Bitcoin (BTC) or Bitcoin Cash (BCH). This claim is based on more factors.
Protocol adherence: BSV aims to restore and preserve the original Bitcoin protocol as described in Satoshi Nakamoto's whitepaper. It seeks to maintain the original design decisions and parameters, such as larger block sizes, to enable on-chain scalability.
BSV soonBSV BTC - soon the big PUMP
some predictions made by cryptocurrency experts that you can find online. According to one such prediction, based on technical analysis, BSV price could reach 0.21 in the first two quarters of 2023 and eventually close the year at 0.50 Another prediction estimates that BSV price would be between 0.50 to 0.80 by 2027
BSV - Get Ready for VolatilityBSV was extremely volatile between 2019 - 2021. But starting in June of 2021 until today, volume and volatility really dwindled throughout the bear market. However over the past 6-8 months, volume has picked up and the price is slowly breaking out of an 18month falling wedge. Cue volatility!
One piece of news that you cannot see in this chart is that Robinhood delisted BSV in mid-January and its BSVBTC pairing tumbled 40%. A bit of an overreaction in my opinion and as a result, BSV's USD gains have been minimal in comparison to other alts in the market. However, I think the shock of the BSVBTC dip is starting to wear off and I could see it regaining lost ground against BTC rather quickly, returning it to previous early January BTC levels and beyond. That would be close to a 50% gain and possibly more if BSV pumps like it has in the past. There's a bullish cross on the daily MACD as it hits the zero-line. I think BSV has entered bullish territory for the moment. As a result, I am long here in the hopes of at least a quick scalp as its recovers against BTC with the possibility of a huge return if it pumps. Let's wait and see.
Out of the sideways zone now what?Moving averages are in the wrong order so wouldn't be a surprising to see some back and forward around the 61.8 ( 271653). Things will be clear up above the 50% (288829). This chart moves slowly so better be patient. Short term target is at 332928 - 341126
Bitcoin SV vs Bitcoin Is Preparing For A Bull-BreakWe know how the whole Bitcoin Cash is going to take over Bitcoin sage ended... We don't know who owns what, whos winning or whos losing.
We support cryptocurrency, we like the concept, the idea, the innovation, the freedom it gives and also the alternative that it is.
More cryptocurrencies is better for us.
More Altcoins is good for us, for the end-user, those of us that live on Bitcoin/Crypto and use cryptocurrency on a daily basis since 2015.
All expenses paid in crypto for many years before.
We love Bitcoin.
We also love Bitcoin Cash and we are so glad we have more than one option.
We also love Litecoin, the Merge, Cardano and all the rest.
We see Bitcoin SV, we lost track of the whole game but we also like it as an alternative coin, the more the better.
If one fails, the other can take its place.
If one is lacking a certain feature, a different one can provide this feature and we can all choose and use what we prefer.
We can always use them all as we do now.
Bitcoin SV vs Bitcoin (BSVBTC) has managed to stay above MA200 as well EMA10/50/100.
The only barrier missing based on the moving average indicator is EMA300, gray line on the chart.
The strong green candle 28-November is the give-away.
This candle gives away what is about to happen.
This candle removes overhead resistance and prepares the terrain for growth.
Ever since the June wave BSVBTC has remained strong with little correction/strong consolidation... After the consolidation phase comes the bullish jump.
We expect additional growth.
Based on the charts signals of course.
Namaste.
Selling pressure!If the selling pressure increases, the price reduction can continue until the previous floor is 36.4 to 37.9 dollars.
If Bitcoin misses its previous low in the $15,500 range, BSV could break its support to at least the midline of the main descending channel, the $32-$30 range.
It's minor resistance in the range of $40.4 to $41.4.
Bitcoin SV Down 96.91%, Hits New All-Time Low - Bulls To Follow Bitcoin SV (BSVBTC) is likely to have completed its correction based on the volume profile.
We can see high volume on the "B wave" while volume is much lower on "C wave".
The fact that BSVBTC dropped by 97% and there is a strong long-term bullish divergence with the RSI also supports our statement above...
Only time wil tell of course.
We have a short-term target set at 99%.
Over 1,670% potential profits to the All-Time High.
It will take years to get there but somewhere we start.
Thank you again for reading.
Thank you for visiting, even on a Sunday, I love you!
Thanks a lot for your continued support.
Namaste.
BSV - starting to outperform bitcoin massively !!As many altcoins (even if BSV is not really an altcoin), BSV has started to massively outperform Bitcoin !!
Will be interesting to see how this further develops ....
BSV - long term breakout against BTCWhile Bitcoin is crashing towards 20'000 USD...
BSV is breaking out against BTC after having completed a 4 year bullish wedge and after having completed an around-the-apex move.
This is indeed very bullish for BSV (non necessarily bearish for Bitcoin - which has a strong marketing team behind it).
However BSV has the technology and is building around a working product that can scale on a global level.
BSV - this is a bull !!!There is ONE coin of which I am certain that it is NOT in a bear market !!
THIS IS BITCOIN SATOSHI VISION.
MACD is screaming G R E E E E E E E E E E E N since a loooong time !!
RSI is showing a huge positive divergence !
Price has formed a bullish parallel channel just below the apex of which it recently broke out.
Same is happening in the USD cross (confirmation).
The AROUND-THE-APEX move is almost complete and a bullish hammer is forming just next to the apex.
This set up has been forming since a long time and has taken MUCH MUCH MORE time to form than I would have thought.
This indicates to me that the BULL MARKET IN BSV RELATIVE TO OLD BITCOIN will take much longer than I would have previously thought.
Time WILL tell .... !!
BSV ticks green on SQZThis is the first time BSV ticks green on the squeezeMOM on the monthly. Also, alot of positive news recently. I think this will be one to keep accumlating. This is not financial advice.
BSV bottomed??!!5 years from now people will remember this time... best buying opportunity in crypto!!
Top pick 3/3 - BSVThis is my first post after the FOMC meeting (that could indeed be very meeningful for the digital asset sector - time will tell).
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I have already posted many times and explained why I was bullish on BSV.
I was early ... waaay early !! But I still think I will be proven right !
Since its ATH in january 2020 bitcoin sv has gone nothing than down down down, for almost 3 years.
Can it go much lower ? I seriously doubt it !
Note: please, if you disagree with me and would like to comment, please try to develop some serious arguments. Do not comment: "bsv is a shitcoin" or "Craigh Write is faketoshi" or "bsv is a scam". You would only expose your own ignorance on the subject and would not add any value to the discussion !
BSV is a very serious project. Otherwise a player like IBM would not be working with BSV in order to build descentralized applications for its clients.
This under-the-radar news has come out very recently.
BSV will likely shock a lot of people. It is the only globally scalable version of bitcoin.
On the technical side, the big long descending wedge that has formed for more than 900 days is coming to its apex.
RSI has had a very very low read on the 28th december 2020 (around the 20.15 mark) which has never been challenged again - positive divergeance - we are at 36.29 at the time writing.
The MACD is printing greeeeen for more than a year and has never turned red again !
What it implies is not only that bsv is looking bullish against btc, but it could have a bullish implication for the whole digital asset sphere.
WHY I DOUBLED DOWN ON BSVBSV is one of the only (if not THE only) blockchains in the world with a globally scalable technology !
BSV has more than 1000 devs working on it.
BSV has a working product that attracts multiple businesses.
Some people state that BSV is the real Bitcoin (though the opinion is very unpopular to say the least).
ON A TECHNICAL SIDE BSV TOKEN IS VERY ATTRACTIVE !!
1 Clear, strong divergeance on the RSI.
2 Historic Volatility contracting into a funnel ... this must resolve soon !!
3 My guess is the price will go to the upside
4 False break down out of the 3 year long bullish descending wedge - price has already jumped back into the wedge and is to soon break out on the other side !!
5 Bullish around the apex move !!
6 Altseason is starting - could favour tokens over Bitcoin
This has yet to be confirmed ! Not financial advice ! I only share the reason WHY I DOUBLED DOWN ON BSV !!
BSV is now my 3rd biggest position after XRP and XLM.
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 ! ! !
Bitcoin SV (BSV) - December 8Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(BSVUSD 1W Chart)
175.0-193.680 or higher: Expected to create a new wave.
If it falls below the downtrend line, it is expected to enter the mid- to long-term investment area, so you need to trade cautiously.
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(BSVBTC 1W chart)
Above the 0.00732290 point: Expected to turn into an uptrend.
Above 0.0122 point: Expected to create a new wave.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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BSV is the real bitcoin, craig wright the real satoshibecause craig wright has been proven to be satoshi nakamoto, a lot of exchange like binance coinbase and other will be in trouble for delisting BSV.
1 BSV= 2 BTC,
target 1 BSV = 20000 usd minimum.
at least in next 12 month. we will see.