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
BSVUSDT
#BSV Wait for a break of $87.5In time H2, it is moving in a descending channel, which can form a flag for the movement of the third wave. Considering that 61.8 short wave has corrected itself and a broad correction is underway, if above 87.5 a green confirmation candle is seen, this purchase option will be activated and it can return at least 100% of the wave. If we have a rejection candle in the area of 87.5, this position will not be valid.
#BSV #UPDATEIn short periods like H1 to H4, it is moving in a descending channel, which is in the middle of the channel by creating a corner pattern and escaping from it, according to its 3-wave structure, which has corrected itself by 23 hundredths of the previous wave. To update the previous post, for which I set a buy position, it has the ability to grow at least to the middle of the channel, which will be the next supply range.
#BSVIn the daily and 4H period, with a pullback to the neck line and double top, and the inability to break upward and selling pressure candles, it can now start its downward trend. Therefore, there are sell orders in the candle that has created selling pressure, and in case of a pullback, we can enter a sell order for the specified areas.
BSV, a little gem that could be worth a ton in the future!BSV is a hardfork of BTC worth looking at based on fundamentals and real-world use.
BSV is the native cryptocurrency of Bitcoin Satoshi's Vision (BSV), sometimes called Bitcoin SV: a blockchain created in 2018 after a hard fork from the Bitcoin Cash blockchain, which in turn was a hard fork of the original Bitcoin blockchain.
Bitcoin networks can only process transactions. Whereas the Bitcoin SV supports advanced applications like smart contracts and NFTs as well. Bitcoin's block size is 1MB whereas Bitcoin SV's block size is 1GB. Thus, Bitcoin SV can store more data in a block.
Based on recent technicals, BSV is still at bargain levels from a couple of years ago. I have a strong feeling this will be a 4-digit coin soon when BTC becomes too overvalued that the market will seek out "valuable discounted" forks for growth. BSV will be at the frontline when that season comes.
BSV registered its highest net positive volume this month -- first time since May 2021. A hint that a trend shift is about to materialize with significant price growth ahead.
Spotted at 46.00
TAYOR.
Safeguard funds always.
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..
Brief Analysis——BSVAs the time of BTC halving approaches, the market is once again focusing on tokens that are about to undergo halving these days. In June this year, tokens such as BCH and XEC that were favored by the halving experienced a short-term bullish trend, and then turned to fluctuate for half a year. Today, BSV, as a fork of the fork, has generated continuous gains.
The halving will affect the supply of tokens, which is good for the long term. But as can be seen from the movement of LTC, which has completed its halving, excessive FOMO makes traders vulnerable to whale harvesting. It is better to make judgments based on technical analysis.
Before technical analysis, we list the tokens that will be halved within a year and the countdown information for reference:
Countdown to BSV halving : approximately 175 days
Countdown to BTC halving: approximately 187 days.
Countdown to BCH halving: approximately 167 days.
Countdown to ETC halving: approximately 251 days.
Countdown to DASH halving: approximately 261 days.
Let’s first take a look at BSV’s performance in June this year. A very classic combination can be seen from the WTA indicators. Whales appear when the price rises rapidly. When the long upward pin-bar appears, the whale begins to take profits, and gradually disappears from the WTA indicator. Afterwards, the number of participants begins to decrease and the price gives back most of its gains (we represent this part with a black rectangle and a red arrow).
Before this week’s rise, we can see that whales were already involved in trading on October 2. If we look at the green rectangle area alone, this also fits the classic combination of disappearing whale + long upward pin-bar = price giving back almost all of its gains. This week’s rise has once again attracted whales into the trade. Everything is normal for the current rise. BSV is now close to the June high, which is a key position where bears will gain strength.
If a long red candle or a long upward pin-bar appears in the subsequent movement, then it is possible that BSV’s rise will come to an end.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
BSV : READY FOR THE NEW USDT WHALE INCREASEHello traders, I hope you have a nice time with the market trading and study.
This update is for BSVUSDT adding about the possibility of a breakout we can see in the coming time, the expecting coming from the High interest that can be from USDT to BSV.
As we did add before we expect that BSV is going to see a breakout that will take the price up $76 with the high breakout expected of $110
We expect with the long-term cycle that BSV can return back to $400
USDT can play a very important role in this, and also since the last trends in HK. (BSV is more interesting in Asia)
This update is not trading advice, but an expectation depending on our view.
We already follow BSV Since the previous week.
BSV 2023 BREAKOUT PREDICTION: BACK TO GOLDEN LEVEL $400Since today BSV shows an interesting technical pattern of volume that can mean a coming time a structure volume. we like to study coins that can have time volume.
There is unexpected data of an increase that could explode BSV to new highs.
We did make a possibility where this structure volume can bring BSV in the predication of 2023
We found out that BSV is able to go back to the old key and golden level of $400 in 2023
Before we made this study, we did check all the reasons and trends that BSV will get it to level.
This is a view from our side and is not meant to be trading advice.
BSV seems to enter a new start of breakout soon.
This update means for year 2023
Share with us what you think about it.
Thank you
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 Why Bitcoin SV is a useless forkForked cryptocurrencies, which emerge as a result of splitting from the original blockchain, often face an uphill battle to establish themselves as valuable and distinct entities. One of the primary concerns is that forks are perceived as redundant copies of the original blockchain, lacking the same level of innovation, utility, and market demand. This perception leads some to believe that forks will struggle to gain widespread adoption and maintain significant value.
Additionally, forks often encounter difficulties in building and sustaining communities and resources. Divided communities and limited developer support can hinder the progress of forked projects, preventing them from achieving the same level of growth and ecosystem development as the original chain. These challenges can also impact liquidity and network effects, making it harder for forked cryptocurrencies to compete effectively.
Furthermore, the original blockchain, from which the forked cryptocurrency originates, usually retains its dominance in terms of market capitalization, brand recognition, and developer activity. This creates a significant hurdle for forks to overcome, as they face strong competition from the established and widely adopted original chain. The success of the original chain can overshadow the forked projects, diminishing their perceived value and hindering their ability to gain traction.
In my opinion BSV Satoshi's vision could easily reach $12.10.
Looking forward to read your opinion about it!
✴️ Bitcoin SV Ending Diagonal | The Intuitive SignalIs this an ending diagonal or a triangle?
Bitcoin SV just hit a new All-Time Low which is a major development and also a great signal for us "bottom fishers"... You know the saying, "once you hit bottom, the only place left to go is up".
My intuition recently alerted me saying something like this, in a whisper... "Hey Alan, check BSV"... Well, not really, it was more like, "Look at Decentraland and BSV" on a bland tone while at the same time pictures of the charts were coming up in my minds eye.
As you can see from the chart above, BSVUSD has been crashing since April 2021 with no major bullish or reversal signals.
The pattern I mention at the start is true and the ATL... Oh wait, there is more.
One classic and quite accurate signal comes in the form of divergence and these work great to alert about potential reversals.
First, the chart | BSVUSD Weekly RSI
As you can see, the RSI bottomed November 2022 and started to go up, while BSV continued down so this is a strong divergence, coupled up with the pattern, 8-May sessions Doji, the ATL and my intuition...
Low risk (tight stop-loss) vs a very, very strong potential for rewards.
Thank you for reading.
This is not financial advice.
I love you!
Namaste.
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.
Bitcoin SV BSV prediction for the end of the yearpreviews chart
BSV/USDT short
Entry Range: $44.50 - 46
Price Target 1: $41
Price Target 2: $38
Price Target 3: $35
Stop Loss: $51
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.
BCHSV Starts To Recover | Early SignalsWe have a stop-loss hunt event on the BSVUSDT (BCHSV) chart.
This can also be called a fake breakdown.
The market manipulators move the price to where most of the stop-loss are placed.
After the stop-loss are activated a fast recovery take place.
That's why we use a manual stop-loss. To avoid being caught in this type of move.
The cryptocurrency market is quite tricky, one need to be very smart in order to be able to stay positive in the game.
Patience is key.
Buy and hold long...
You will be happy with the results in 2025 or late 2024.
Do your own research of course but experience tells me that these two years are going to be lots of fun; for us cryptocurrency lovers/traders of course.
Namaste.
BSV - Alternate Bullish ViewA long term pattern (rounded top) on BSV has emerged
This pattern breaks to the upside once completed which I have indicated with the double curve pushing past the past ATH
Price right now is near its ATL