BSV Strong BullishPeople slowly understand that it's real Bitcoin.
Target 1: 0.02 BTC
Target 2: 0.035 BTC +
BSVBTC
BSV / BTC trend lineYou can't seen this on BSV / USD, the relation of BSV to BTC is more important. It is a competition of two projects. Which is real Bitcoin?
$BSVBTCBITFINEX:BSVBTC
Making flat bottom triangle and currently trading at the bottom of it.
If it breaks lower more downside coming.
Scam BSV Coin operation. Cheating movements. Pivot points. Made deceitful movements. We have broken down the previous trend. The price has fixed above the line of the previous downtrend. They showed a trend reversal. Then the impulse raised the price by + 45% and began to draw a symmetrical triangle, which supposedly should have been a pennant, with the goal of + 45%. But note the volume at the price increase was not! In general, the trading volume is zero, this scam is not interesting to anyone except the creators themselves. Pulses of flags and pennants are always accompanied by a large volume in comparison with conventional trading.
A symmetrical triangle has been pierced down, now they will redraw it into the flag canvas (downward small channel). If in the fake flag canvas the support will not withstand the pressure of sellers, and the price will break this formation down. Then trade in a downtrend in a potential downtrend channel. I showed all pivot points on the chart.
It is also worth noting, given that there is no volume and this scam is not interesting to anyone, developers can draw anything, including bullish movements to attract people, due to poor liquidity and the lack of a large crowd presence. Here are two interesting potential entry points:
1) entry from the bottom of the potential downward channel upon confirmation of support, price zone 0.010-0.011 in the short term. Take the movement in the channel about + 30%.
2) the entrance is above the downtrend line (red line, the upper border of the downtrend) when the price has fixed above it. The price zone is 0.015 in the near future if there is a price return, or lower in the long term, the main thing is that the price fixes above the downtrend.
All potential targets and pivot points are shown on the chart.
Bitcoin SV Ready Grow? Strong Signal Can Lead To 50%+Bitcoin SV (BSVBTC) looks ready to continue growing... We have a very strong signal that reaches confirmation in less than 1 hour... Let's take a look.
What you see on the yellow circle is a "fake breakdown".
See how EMA50 (magenta) and EMA100 (blue) were broken (prices moved below) but BSVBTC quickly bounced and moved back up.
We can notice that the trading volume is above-average for this move, supporting its validity as well as the fact that the price moved above EMA10. Daily candle close is needed for the confirmation of this signal .
You can find additional details on the chart with potential scenarios (green and red arrows).
Thanks a lot for reading.
Namaste.
BSV/BTC Trade ideaTLDR - NOT FINANCIAL ADVICE - trying to catch bullish momentum, invalidation on chart, always play with a stop
Is Dr. Craig S. Wright the true face of Satoshi Nakamoto?
If you give me money, ill tell u whatever u want me to - and a chance for that is what I see here with BSV
BSV - looking it wants to break out against Bitcoin ...Pushing on the resistance on the top rail ...
Could BSV make a break out attempt despite all the Craigh Wright negativity around it ??
BSV is BitCoinBSV is BitCoin as described in the white paper.
FUNDAMENTALS:
*Thousands* of people building ON TOP OF the BitCoin protocol, bringing real world value.
MetaNet allows structured of data on top of BitCoin.
Assign value to data/information - Users can own their own data(bye bye facebook&google)
SPV(simple payment verification) is coming to BSV, which was ignored for 10 years.
P2P transactions(BTC removed bip 70 support...)
Uncapped blocks.
Potential for billions of transactions per second on-chain.
Ultra small world mandala network.
Nchain has thousands of technology patents to be used on BSV.
CSW may or may not be Satoshi Nakamoto.
My speculation:
BSV /BTC will approach 1 and higher as people slowly realize what BitCoin ACTUALLY is. (hint: its not digital gold)
BSVUSD buy setupHello Traders, BSVUSD has a nice up move to complete the bigger pattern.
Look for a nice break of the trend line and a flag to take the buy!
BSV Thoughts$BSV
Nice buyback, however we're coming up on horizontal resistance + POC. This is where I'd exit position were I in one. Cheers
A trading opportunity to buy in BSVBTCTechnical analysis:
. BitcoinSV/Bitcoin is in a down trend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 24.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.01071000 to 0.00741000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01071000)
Ending of entry zone (0.00741000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.01418000
TP2= @ 0.01608000
TP3= @ 0.01876400
TP4= @ 0.02147100
TP5= @ 0.02475000
TP6= @ 0.03011000
TP7= Free
A trading opportunity to buy in BSVBTCTechnical analysis:
. BitcoinSV/Bitcoin is in a down trend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 24.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.01071000 to 0.00741000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01071000)
Ending of entry zone (0.00741000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.01418000
TP2= @ 0.01608000
TP3= @ 0.01876400
TP4= @ 0.02147100
TP5= @ 0.02475000
TP6= @ 0.03011000
TP7= Free
Potential support BSV/BTCPotential support here for BSV/BTC. Very good Risk / Reward : 1 : 30. If you think the SL is too tight, you could just increase it, and still have a very good Risk : Reward.
Entry: 0.0215
SL: 0.0213
Exit: 0.0300
Set your Orders, and wait. Be patient.
Give me a like and you will receive updates from this trade, If our stop gets hit but structure isn't broken, I will post an update.
These are my shared opinions, and not financial advice.
Naturex
BSV/BTC Leveling Up 10%+BSV is showing signs of another strong vertical move upwards, continuing its "steps-up."
We just saw a falling wedge pattern retrace to the Golden Pocket, which is generally a bullish indicator.
There are indications that we are replaying a previous fractal, which was our last big move up. If this is the case, in the next few hours, we could see a big move upwards.
I'm preparing for a bullish scenario to play out and have a long in, but I've set my stop-loss tight to keep my current profits in tact.
Shitcoins are very tricky, and totally reliant on Bitcoin. When Bitcoin trades sideways, the shitcoins rise. But when Bitcoin makes a strong move in either direction, it usually kills the shitcoins.
Where this is great reward, there is great risk.
BSVUSD updateAfter the impulse a flag appeared, it did not work out; nevertheless, it helped to avoid a rapid rollback down. Now, the probability of a collapse to $ 180 has significantly decreased, although the Power balance indicator signals a decline. Most likely, the rate will drop to $ 200 and stay in a flat by the end of the weekend. Starting from Monday, the volatility should increase. It should be noted that the 38.2% Fib correction cannot be completely ruled out.
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BSV/BTC Ready for the Next Level 20%+BSV is still testing its major price points compared to BTC.
We're formulating a bullish falling wedge pattern that should resolve in the next few hours.
The best way to play this is to play the breakout. Get ready for bullish/bearish breakout, with a bias towards a bullish breakout because of the falling wedge pattern.
Don't get greedy. BSV is definitely a shitcoin and is not to be used as a long term hold. Couple days maximum.
BSV/BTC Short 30%BSV is on shaky ground at the moment. 5 waves up. Look for a pull back down to the Golden Zone.
My short is in now and I'll be monitoring closely. Might pull the trigger before the Golden Zone.
Blue lines are my orders.