Bitcoin SV will continue bounce from the Uptrend!The Bitcoin SV bounced from the Uptrend line. The last candle indicates Hammer pattern and increasing Bollinger Band Volatility suggest that the coin is going to GROW
BSV
DEPENDING ON MX EFFECT BITCOIN CAN CRASH IN 24H BELOW 9K!Depending on mx effect bitcoin can crash in max 24H below 9K
# dont take risk with long orders.
Bitcoin SV Potential Higher Is Very Real ($313, $376 or Higher)Bitcoin SV (BSVUSD) is now ready to do whatever it wants bullish and I will share why in a minute but first...
Feel free to hit LIKE after checking our previous chart from March 9, still valid today:
Now, let's get started!
Looking at BSVUSD, the first we can notice is its price trading above MA200 (black line) but also above EMA10, EMA50, EMA100, EMA200, and EMA300.
Once an altcoin trading pair is above all these EMAs, the rooms are open for massive growth.
Now let's have a look at the MACD.
The MACD is really strong while aiming higher.
Plenty of room left available for growth.
The RSI is next.
The RSI is really strong while trending higher.
There is still plenty of room left available before it reaches the same levels it hit back in January 2020, when BSVUSD hit $455+.
We are also active with the BSVBTC pair which is growing and showing big potential just as this pair.
BSV is like the old Bitcoin Cash and Ripple... People can forget about them, but once they start to move, they can grow beyond all normal and possible expectations.
Namaste.
Bitcoin SV similar pattern play out coming maybe? 200% move? Just playing with the charts here but it's very intriguing. BSV seems to be on a sort of repeat in its play outs. Alt coins are looking like they might start to make some big moves but if BSV plays out like it has in the past could be the biggest one. What do you think traders? Also Weekly MACD bullish crossover is a good sign.
Edit: Maybe the triangle should be like this?
I drew the original chart in post out a long time ago trying to predict where it would hit and go down again because i assumed it would touch twice and break out the third time like the other triangles but maybe that isn't the case. Heres the new down sloping trend line I drew to try and make better sense of it. Let me know what you think?
THE PAMP IS REALIs this the beginning of the candle we've been waiting for, or is this just another fakeout before we touch support again?
Hard to tell, but the long term play remains. Sometime between now and November we are going to see the big boom up.
At this point I should probably start a paid group but instead I'll just say Join twetch and that is all.
Bitcoin SV vs the Dollar Mapped Long-Term (Support & Resistance)Here we have the chart for Bitcoin SV (BSVUSD) by the request of one of our supporters... We are looking at it long-term (weekly timeframe).
A new ATH (All-Time High) was hit in January 2020 for Bitcoin SV vs the Dollar.
After the ATH prices started to retrace and are now trading below EMA10.
After breaking and closing below this level, we can expect more drop.
Here I am sharing just one scenario based on the bullish perspective and the continuation of a bullish cycle. So we can expect further retrace before the continuation of the uptrend.
If support fails on the way down, then we can expect prices to move lower.
We can find support at the 0.786 Fib. retracement level as well as the purple trendlines.
This is not financial advice.
Thanks a lot for reading.
Namaste.
I cant remember now if I showed you this BSV chart!BSV what is it for, who actually uses it, is it better than BTC, will is last into the future? I might be the wrong person to ask these. According to the BSV vision {Four fundamental pillars form the basis of Bitcoin SV’s roadmap to create the one blockchain for the world: stability, scalability, security, and safe instant transactions (a.k.a 0-confirmation). “The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling.” – Satoshi Nakamoto (April 2009)}. Personally I feel this blockchain will benefit from 5g and will become more useful as we move forward in IOT. May worth holding a few. Its a fraction of BTC at the moment which has just pushed pass 11k.
bsvbtcThis is a large diametric pattern.
We are currently completing the contracting triangle in the "e" (white) wave, and after that I expect the price reach to the target that is specified.
SL is in chart
tp1= 0.03
tp2= 0.05
btc to retest 9090 to 8888 perhaps 9090 or lower 8888 then up over 9400 the red sars are about to charge green 29 days of red sars is pretty high could break 9400 in couple of days
BSV could go 300% in next 2 months! Is CSW actually SN?Could Craig Wright actually be the maker of Bitcoin, the pseudonym Satoshi Nakomoto?
I have always thought he is a fraud but I may have seen through the charades put on by the Doctor. He has been caught out so many times since announcing himself creator, but is it all just a big con to hide a different scenario? Now that would be genius. Actions more like a doctorate computer scientist background to be honest as much as I still am in denial of it all.
I am starting to believe he is the inventor. Why else would you confess? Has any1 else confessed to be the creator that has such a solid background to the process of inventing Bitcoin?
Then the huge law case vs his former associate. Maybe they were the creators all along? Then the fake addresses presented in court, why would you do all of that knowingly that you would be put in jail for perjury? You just wouldn't that's why. The addresses that then replied stating he is a fraud are just CSW covering his tracks.
He came out to the world stating he is the inventor of BTC. The crypto world laughed at him. He thought of a master plan to take down all the Bitcoin enthusiasts that mocked him. He could be the one telling us all he is not the inventor and a fraud. This would be a genius move after the backlash and what he is looking to do with the SN stash of BTC. In my view, if CSW is actually SN then there is a plan to move all SN stash into BSV at some point of BTC's lifecycle. Imagine the carnage? Imagine the domination of BSV? Now this is a genius scenario don't you agree? On the other hand, if he is a fraud, BSV will plummet to BTG prices.
Now down to some serious analysis.
As you can see I am not a great fan of this coin but am coming around after thinking about above scenario and the chart really speaks for itself to be honest.
If the EMA10 (in blue crosses the MA21 (in orange) we can expect a rise in prices.
The purple lines are showing the lows and highs of this weekly log chart.
The red horizontal line is the weekly resistance/support level that is a major level. As you can see last time BSV moved above this level it hit the top purple line within 5 weeks.
You can see the volume has been quite large since January 2020.
On the RSI, we can see the lime green trendline is showing us the path. When it drops below the line, the next 5 weeks following are rocket like price movements. The orange flags show when BSV dropped below the trendline on RSI the price rose dramatically. The white flag shows a rise, but not to the top of the purple channel like before. This could enhance this time around to reach the top of the purple channel. The grey flag at the end is questioning where BSV will go from here. If RSI goes above this green trendline, expect a 300% rise in prices.
The green trendline on the chart shows where BSV broke out each time from this trendline.
We could see a huge price increase of around 300% if BSV hits it top of the purple line as per previous scenarios. It could also drop to around 157USD before it's next rise.
Happy trading legends!
HTBB
BSV SHOUTS LOOK AT ME!Dear Traders and Hopeaholics alike,
I want you to look at this chart and get excited... not because you like BSV... I don't care if you do or don't, the reason you are excited is that BSV is about to gain HUGE percentages... When BSV runs... it RUNS!!!
BSV IS SHOUTING IT FROM THE ROOFTOPS HAVING FORMED A MEGAPHONE PATTERN
also known as a Broadening Wedge.
What Is a Broadening Formation?
A broadening formation is a price chart pattern identified by technical analysts. It is characterized by increasing price volatility and diagrammed as two diverging trend lines, one rising and one falling. It usually occurs after a significant rise, or fall, in the action of security prices. It is identified on a chart by a series of higher pivot highs and lower pivot lows. The chart below shows an example of a classic broadening formation. Investopedia
Q. So why would you trade BSV?
A. BECAUSE YOU LIKE MONEY!!!!!
I have added on the chart a short term wave structure that I feel is likely and in pattern with what I currently see in BTC.
Sometimes I make charts and you all think... wow LISA IS REALLY CRAZY... but I am also usually right... So up to you <3
**********************************************
If you are unsure of direction or feel you are over trading I have a moto. IF IN DOUBT SIT IT OUT! There is no shame in not being in a trade. Stick to your game plan, wait for a set up to be confirmed, and ONLY take a trade if it all aligns.
So please I welcome your comments and CONSTRUCTIVE FEEDBACK - ALL HATERS WILL BE FLAGGED AND REPORTED!
And remember, there is NO RIGHT OR WRONG in trading - just money management!
REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION
(minimize your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!
<3 Lisa
DISCLAIMER:
The Legal stuff - I'm not a financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...
PS make sure you give me alike, that way you get updates as I post them.... :) <3
Bsv could next week be a downward candle?Let’s see this week we had a bullish candle going past previous weekly candles. Showing there is strong buying power at the lower levels. Clearly shows previous week candle was too low. So I think next week we will see another low before buyers come in and buy it all up. Waiting to buy in.
Cheers.
BSV/BTC bull flag, breaking soon?Hi everyone, this is the update of my previous bsv/btc post.
(You can take a look the last target price at my first bsv/btc post)
As we can see, bsv had a good time few days ago, and now been on consolidate phase, forming a bull flag pattern. It may continue to the upside.
The ema cross looks bullish tho (ema20 and ema50 crossed ema200)
Im not suggesting to invest this coin.. just take long opportunity only till we reach the price target. (The last target : at the end off big falling wedge pattern)
Only long when breakout, other than that stay away.
Safe trade.
**not a financial advice**
Quick look at the major altcoins indexHi all,
It's been a long time since we last looked at the major altcoins index. You know very well that we have some new entrants there, however, you know the volatility of the cryptocurrency market, so I will keep XBT and EOS in and CRO and ADA out for the time being, mainly given the fact the total difference is approximately $2 billion. So, for now, the index consists of ETH, XRP, BCH, BSV, LTC, BNB, EOS, and XBT.
The total altcoins market now stands at $102 billion, up from $92 billion on July 1, which makes a stunning 10 percent increase over the last seven days. Bitcoin dominance drops down to 62.9 percent.
Looking at the chart, generally, the projected targets remain the same - capture $735 and consolidate around that level and then make a push towards $765, which you can see marked as critical horizontal S/R line. Also visible are the past interactions between the price and that line.
Again, what this custom index intends to give is an overview of the general direction the biggest altcoins are taking. You know better than me that usually most of the non-BTC projects are following similar trajectories, the only difference being the percentage change they make. We do have exceptions of course.
The 200-day EMA is now in synch with the $735 mark, so it makes that area even more important in the long-term.
BSV flippening of BCH soon?!Usually we see the BSV/BTC pair 'pump and dump'ing. - But we are witnessing a retest of a falling wedge right now. - It might be the beginning of an (long term) uptrend here. - Considering the positive news that Binance (better said: Users that use Binances mining pool) began to mine BSV quiet extensively. (~13% of all BSV hash rate as of today).
With Binances hash rate, BSV began to surpass BCH in the total amount hash rate.
There are 2 variables left for me to really flip BCH in today's metrics. - Amount of mining nodes and block length (BCH is only 220 Blocks ahead.)
Which means BSV is undervalued and a long position could be considered here.
I maintain my target of BSV being a 1/4 quarter of a Bitcoin !A third wick formed just below the bullish descending wedge.
On balance volume holding up strong.
Price also despite weakening volume in general - this can be seen as bullish.
I maintain my bullish stance on BSV and my target 0.25 BTC for one Bitcoin.
That's almost a 15x in BTC terms and implies a price of about 1500 to 2000 USD for Bitcoin SV.
Let's see if it plays out ...
Not financial advice. However I put my money where my mouth is and doubled down on BSV recently (at 153 USD).
The bottom is nearAs you can see it may be behind (150$) us or it is close(120$). Next bull run target 800$.
BSV/BTC 1D (KuCoin) Bounced on descending channel supportFA: Bitcoin Satoshi Vision is a hard fork of Bitcoin Cash, which is a hard fork of Bitcoin itself, all Proof of Work (POW) protocol.
Those 3 coins dominate the crypto market as they are in Top 5 market cap (excluding USDT) and they all halved their mining rewards few months ago.
TA: BSV (also known as BCHSV) is in that parallel channel since beginning of the year and start looking like a bull-flag to me.
Few days ago it bounced on support which makes it a demand zone, and right now it looks oversold that's I'm expecting it will up.
Current Price= 0.017221
Buy Entry= 0.017250 - 0.016550
Take Profit= 0.021280 | 0.024520 | 0.028150
Stop Loss= 0.014710
Risk/Reward= 1:2 | 1:3.48 | 1:5.14
Expected Profit=25.92% | 45.09% | 66.57%
Possible Loss= -12.96%
Fib. Retracement= 0.236 | 0.5 | 0.786
Margin Leverage= 1x | 3x | 5x
Estimated Gain-time= 1080h
