BSV has completed the very first wave of upcoming historic runWe have a major trend line to POTENTIALLY test. But mainly, after a 5 wave move, you always take the entire range to find the retrace. the .618 level and the BTC range of .021 - .023 are probable and should be seen as a buying opportunity. .033 was a triple top in late 2018 and should provide some resistance. after that, the fib extensions on this first (of many many many upcoming waves in larger magnitudes) are .043 .065 .087 and 0.1
and the earth is flat
BSV to reign in a positive and thruful way as people wake up to reality
BSV
If you want them to perish, you must make them madThe recognition of blockchain is based on decentralization. We expect an unmanipulated market, but we have seen a shocking scene in the digital currency market. Whatever BSV's hype logic, it goes beyond what we know, and I can't see why the SEC would decide that the digital money market is not rigged, or why institutional money would feel comfortable putting investors' money there. Although BSV's hype is his individual behavior, but we must not take it lightly, a lot of history is due to excessive madness.
If you want them to perish, you must make them mad
LONG U.S. Copyright Office - Craig Wright is Satoshi NakamotoSome say he isn't some say he is. Does it matter?
Volume is highest on record, already risen 100% from an hour ago.
If BSV hits ATH from here then that is a 100% gain.
How much weight will this decision have?
$BSV has bottomedBottom is in, looking to add to position on retrace to green box, future levels marked - but this thing's going to infinity.
Bitcoin SV 131% Explosion (The Bullish Altcoins Market Is Back!)We are just getting started... The cryptocurrency market is getting hot and it will only become hotter in the weeks and months to come.
The small market cap. altcoins are going to be generating massive and fast profits, which we can use to increase our Bitcoin holdings, that's why we trade against BTC.
Now, feel free to hit like... and let's get straight to the chart:
Bitcoin SV never saw any bullish action since its launch bull run back in late 2018 (green box to the left). After this bull run, there was only bear action for this altcoin.
On the 10th May, a classic move to by market makers (and their bots) can be seen marked with a blue circle. This is done to activate all the stop-loss and make people lose their tokens. At the same time, this candlestick with its long wick pointing down is also a signal that massive bullish action is on its way. This was confirmed later with a strong breakout above EMA10.
BSV (or Bitcoin Cash SV) made it to take out EMA50 as well and challenged EMA100 and higher. It is now trading below EMA100, but there is a good probability that it will close above it before the daily candle closes. If it doesn't, any close above 0.01091 (EMA50), would send a strong bullish signal.
We are looking at very high volume, which validates the strength of this move. 131% profits in just a few hours.
The RSI had a massive jump after showing clear bullish divergence. The MACD also gave out the same signal before the breakout.
Bitcoin SV (BSVBTC) is the latest altcoin to break above resistance and prepare for the next cryptocurrency market bullish wave. This might be seen like a very strong and too big move, but trust that this is just the beginning, there will be so much more action that it will be hard to believe what is going on.
Just as all these altcoins pairs and projects hit new all-time lows... They will also hit new all-time highs in late 2019, in 2020 and beyond.
(Once you are down, the only place left to go is up).
I've marked some targets on the chart above for those trading this pair. If you have any questions, feel free to use the comments section below.
Conditions for change: A close below EMA10 would negate the above signals and turn BSV from bullish to bearish. In the meantime, Bitcoin SV is extremely bullish and additional growth is expected in the weeks to come.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
IS BSV THE CRYPTO HONEY BADGER?Hey Everyone,
Let's talk BSV, everyone seems to have an opinion, yet BSV just keeps doing what BSV does. BSV is the Honey Badger of crypto, it moves when you least expect it to and when it moves... it REALLY moves.
Our last move took a little over a month BUT made a huge 130% profit, out next move set out in the targets on the chart is set to be a massive 150% so for those that say they hate the BSV... all I am hearing is you hate money... 150% Profit, you can't go wrong.
As a trader, I am open to trading ALL coins and tokens, regardless of who created them, who the devs are, if they are in a tradable pattern, and going to make me money or coins depending on what you are trying to achieve, I am trading! End of Story.
And BSV doesn't care if you don't trade... because there are plenty of traders and HODLers alike that will...
We are currently holding around 120ish, but could see a small dip before heading higher... or maybe not if the honey badger comes out to play ;)
REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION
(minimise your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!
<3 Lisa
DISCLAIMER:
The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...
PS make sure you give me a like, that way you get updates as I post them.... :) <3
Bitcoin SV [BSV] TrendlinesThe MACD is falling diverging on the bearish side as well. 4-Hour chart also suggests that the inflection point is near. However, on the four-hour chart, the approx probability of bull and bear is about 25% and 75% respectively.
BSVUSD spikes as Satoshi Nakamoto identity revealedWhat else can I say: from $60 to $195 in a matter of minutes. LOL ;) The kay level now is $100 technical support.
Contract is not terrible, terrible is no disciplineContract is not terrible, terrible is no discipline -- again on the importance of trading standards
BSV is the big star of yesterday, we can't prove the truth of the news, of course, there is no need, because it is a woven story, really lifted the veil is meaningless. Let's discuss the risks of the contract on a case-by-case basis. From a screenshot of everyone in the community, said that some people get rich overnight, do a BSV contract, ten minutes to earn a million, when we envy, and someone screenshot said, the king burst. The argument that followed was that contracts were too dangerous. In fact, in the past year, we have seen and heard too much discussion on this issue. From the insertion of ok pins to the uncorking of bitcoin, the market has never stopped talking about cutting leeks in the contract transaction. And I also once wrote an article, analyzing the logic of unplugging. Without further elaboration, we are not going to discuss the issue of the integrity of the exchange. From a normal point of view, we cannot make the inference of guilt first, otherwise it will be meaningless.
But put aside the problem of the exchange not to say, only said in the contract trades the bursting position question, whether can avoid. What is the point of a contract deal?
First of all, in the past month, there has been a lot of discussion in my own community. People have been wondering about my idea of spot hedging. Since I am long, why not make long orders? I don't think it's a problem because it's just financial common sense. When you hold the spot, if the price goes up, you can make a safe profit, if the price goes down, the hedge can avoid the risk. But what if you hold more than one order at a time, the price goes up by a factor of two and the price goes down by a factor of two? Losses. Some people say is not long? Yes, it's right to be long, but the analysis is based on a prediction of market factors, and since there is a prediction error rate, do you think that when your risk is magnified by 10 times or even 100 times, the original 1% error rate, what will happen?
Second, what is the point of hedging, since long, why hedging? The same logic, based on the probability of the problem, we can not guarantee that long will go up, even if the unilateral market, you may also cause losses, but this hedge is not short, can not be confused.
Third, why short? We can choose to sell all of our COINS in the downside, but there are a lot of transaction costs and uncertainties. If you don't sell, you're taking a loss, so shorting is the best thing to do. If we control the position, even if the direction is wrong, but spot appreciation, can also hedge some of the loss of the contract. So shorting is the preferred form of commodity trading rather than going long.
Going back to yesterday's implosion on the BSV, we discuss another issue, the importance of trading discipline.
One of the questions I want to ask in our planet talk today is why we had a lot of losses in the past month and a lot of gains in April. Again, I'm providing analysis, what's the problem? I just concluded, because they felt at the beginning that my strategy was too conservative, that I was bearish 100 points, and then I went down 300 points, and I looked for a little rally, and then I had a big rally. So your conclusion is, my direction is ok, as long as I look short, let you hedge, then open a single empty, and here the problem is very clear. Your trading standard is my analysis +, not trading discipline. Actually in the planet, I repeatedly are trading discipline and gave each couple manual, let everybody again and again, but I'm sorry, someone is really lost the desire to learn, they think they have done just a few hundred or even tens of thousands of transactions, warehouse have experienced countless times, introduction to still need to learn what knowledge? Yes, it is the wild way for most people, not according to the basic rules of trading. Many people have probably never touched financial transactions before entering the bitcoin circle. In an era of speculation with mobile phones, it is hard to believe that most people can be familiar with the logic of trading. So when you execute my strategy the wrong way, the results are predictable.
So I am also constantly strengthening, I gave so many trading standards, including various tactics, tactics, why? Is that we do not want to be superstitious, the analysis of the best will have mistakes, zhuge liang again god, ultimately also failed to play qishan. There is no such thing as foreboding, otherwise there is no value in market transactions. It is precisely because of uncertainty that the market is full of charm. But glamour is one thing; making money is another. Like a casino, you always hear about people getting rich overnight, but only a handful of people come out with money. This is where the importance of trading discipline becomes apparent. If you were in a conflict between my analysis and trading discipline, what would you choose? Discipline, of course!!! I repeatedly stressed this point in the novice handbook, also in the usual strategy of continuous strengthening, is to hope that we establish the logic of the transaction, develop good habits, discipline to make money.
Whether yesterday's story will happen to me or not, I hope you can reflect on it. Also hope that everyone make good use of contract trading, to help themselves to avoid risk. If you have faith that bitcoin can go up to $100,000 +, then the best thing you can do is spot + hedge. I hope I can help everyone who loves bitcoin: the most regretful thing in life is that you once owned one bitcoin! But couldn't help the temptation, keep tossing, and finally lost him!
Craig Wright (aka Satoshi Nakamoto) author of Bitcoin paper+codeThis is more of a FA rant than anything else, will be updated with TA later on.
I can write entire episodes on the crypto cult, bitcoin ponzi, bsv alone, history of crypto and all experiences, but I will try to condense as much as possible, because I don't feel to write it all in one go, actually I didn't want to make this idea in the first place, but better now than procrastination.
Today, "Bitcoin creator Craig S. Wright (Satoshi Nakamoto) granted US copyright registrations for Bitcoin white paper and code" @ coingeek.com
Are you surprised? I'm not, in fact, told people to buy BSV on a good panic dump which never came on Kraken (even told you in an tradingview idea before to buy it some time back when 99.9% where scoffing the project, that it will never go up again, blablabla), given strength to theory that exchanges are market making this entire space, full of fake supply and demand and the people involved in crypto are so full of sh*t and got absolutely no feeling or mind of what's going on, it's just mindblowing, like I live this in some kind of bad dream.
In fact, I was pretty sure he could LEGALLY proof he would be as stated before, hence the reason to buy BSV, not only because it's true that it has way more in common with original whitepaper than - now, Bitcoin CORE (and even BCH, which deviated in favor of $ while keeping the illusion alive) - if he really is, is another question, but if you read my stuff all the way back, you know I don't buy any of Satoshi Nakamoto myth. Myths are great for believers and little children. It's terrible to lie to yourself. But that doesn't matter, there are some big games being played and CSW being granted copyright over the code has SERIOUS ramifications for bitcoin core in the future.
Funny how bch pumped and dumped on this news within the same timeframe to get back to the level it started, another proof of how rigged and scammy this market is.
Here is another testatement that proofs my point how cancerous crypto has become, the very original idea of decentralized p2p cash has been centralized and mainly controlled by exchanges by banning BSV, a move I was 100% against and that was pure from a ethical pov, because I had 0 stake in any of it. I wrote in my tweets against Kraken to not make a poll to delist BSV and they still did it. What happened with those exchange CEOs, allegedly anarchists (anarcho capitalists) and/or libertarians? They turned in to full blown dictators and tyrants. You wanna know something funny? The ideology and human temptation for power does exactly attract psychopaths, because it's the most beneficial and that doesn't mean the ideology is bad, when in fact it can be very pure (the golden rule), it's in fact the most beneficial for the complete opposite (mass murders, thieves, liars, crooks, manipulators, etc.) as is the extreme opposite (communism) while the useful idiots cheer their own enslavement at the benefit of those in the know. Libertarians are pretty smart, but they are very unbalanced (left brain) and from my experience are extremely naive and gullible people and are being used by that guy who wrote the bitcoins standard. I'll let you philosophize on your own why and how this is, why and how we've been and where it's most likely to go, and this short history has already proven itself to be. Thing is, it's not new under the sun, that's why, I say it again, history keeps repeating itself. King Solomon has some pearls of wisdom, if you'd bother.
It's laughable how people became this hateful to entire BSV community based on one individual. It's laughable how this CZ acts on emotions to outright ban BSV. It's laughable how the supposed "crypto leaders" are sheep and follow sheep. It's laughable when they all got the same investors at the top. It's laughable to still believe in crypto, when they extracting $ from you, the very guys who bought < $10 that fake pumped this entire market up in the hopes to start another bull market, which will not come. All this time, energy and money spent to create another bubble in a bubble is hilarious. If price was to be pumped, it's on empty books (which it did). No new money coming in. To think that everybody in this world is not in is ludicrous. Everybody already knew about Bitcoin in 2017 (even in remote places in Africa with their efforts to create billboards there...) and everyone who wanted participate already did. My prediction was that forex traders were the last to enter bitcoin. Can check that as well, majority which happened at the end of 2018/early 2019. There are so many pending court cases against exchanges and with things are going the way it is and people showing their true colors now in the heat of the moment, you really need to do some honest self-reflection. I don't know any og or people with any values who aren't disgusted with crypto atm, it's never been this bad before.
That being said, I say it again. Sell your crypto, cash out, don't come back for a few years and be happy with the profits you've made and let that money work in other markets. Exchanges can pump up the price, but meanwhile are firing employees, yeah very bullish. Their bet is on the wrong side, driven by greed I've never saw before in any market. Take their money and leave. Don't beat yourself over the head if you miss(ed) another 20-50%, who cares. Profit is profit, be it 2% or 200%. You get 2% profit by banking in the same timespan? C'mon, don't be greedy and stupid. There is not enough fiat in the fractional reserve exchanges once 10% decide to cash out same day. What good is it to have 100000% paper profit when one day you can't cash out any of it.
MSM like CNBC are imho very guilty to collaborate on this crypto cam, by full consent and every other promoter/manipulator like GBTC and Pomp and will get the full energy back 10x. GBTC is going to get bankrupt in the near future, so are many crypto exchanges, who commit fraud and do everything opposite of what they claim to be in public. Pumping on empty books, while washtrading in consolidation areas to create record high volume bars on higher timeframes, carry "hodl" memes for the stupid while they dump on you, always errors on critical times, be it pre bullrun, at the bottom or top, etc. That doesn't exempt alternative media, because they're manipulators too, like RT. Both opposites are the same. You better off with the status quo.
The fact that so many people cheer for their own enslavement in the future by thinking a deflationary supply held by a few at the top is anything beneficial to them makes me puke. Idiots who can rage against inflation, but meanwhile have not thought about any better alternatives deeply from a holistic pov, i.e. not only from the good side, most people neglect the bad side, that's why things get worse. New != better. This world is totally insane. Making money and buying own island might be not a bad idea to watch the full spectacle unfold via remote satellite on a beach remotely away, while those who do care helping at least one fellow human being to leave this planet better is good enough. Yeah, might sound crazy, but wouldn't a reset be better than what's coming. I hope I'm wrong, but CT makes me feel empty and hopeless for a better human future.
Maybe the real flippening is BSV. Wouldn't that be a blast. Bitcoin has become Bitcoin Core/Classic and we know where ETCBTC is headed at 2016 levels.
You wanna avoid being played and manipulated, since this is what the world has become...? Then act in balance and go with both your (gut) feeling and mind. You have to be woke or you get broke in this paradigm of fraud and deception. Good luck on your journey and may you help at least one fellow out in your life.
Sorry for my long rant, but this had to go out. This is more of a post that hopefully sparked inspiration or at least to let you think about anything more important than anything else at this point, because I'm pretty tired of see the double standards, one sided stories and blind folds of people to see them later get destroyed for what was already known a long time. Don't bother with idiots who say TA is more important than FA (common sense/brains). They are always seeking and never finding, always rationalizing things that have no correlation and always blind to the entire picture to call black swans like Bitconnect and MtGox after the fact and almost never right before it happens. What's the point arguing with closed minds, don't bother. Supplementing it later.
BSV - clear long tradeClear long trade here with distinctive risk-reward asymmetrical to the upside. Use conviction as a stop.
**Not financial advise do your own work**
If BSV close above red line buy oportunity Long if it cose above the support line. But BTC should stay nice......Not do a Bart pattern.
BSV / USD Price Analysis: Anomalous RiseBitcoin SV / USD Short-term price analysis
BSV has a bearish short-term trading outlook, with the BSV / USD pair still trading below its 200-period moving average on the four-hour time frame.
The four-hour time frame shows that a head and shoulders pattern has been triggered, with the BSV / USD pair now testing back towards dual technical resistance.
Technical indicators across the four-hour time frame have turned bullish, following the recent move higher in the BSV / USD pair.
Pattern Watch
Traders should continue to monitor the neckline of the bearish head and shoulders pattern on the four-hour time frame.
Relative Strength Index
The RSI Indicator on the four-hour time frame has turned bullish, although it is starting to correct from overbought territory.
MACD Indicator
The MACD indicator on the four-hour time frame has turned bullish, with both the MACD histogram and signal line both issuing buy signals.
Fundamental Analysis
Although BSV had seen some large gains today, there have been no news or announcements that could drive its momentum, aside from Bitcoin’s rise.
Bitcoin SV / USD Medium-term price analysis
BSV has a bearish outlook over the medium-term, with the BSV / USD pair still under pressure on the daily time frame.
Buyers are currently testing back major trendline resistance, following the recent bearish breakout below the triangle pattern on the daily time frame.
Technical indicators are now attempting to turn bullish on the daily time frame.
BSV / USD Daily Chart by TradingView
Pattern Watch
Traders should note that if the bearish breakout from the triangle pattern on the daily time frame continues, the BSV / USD pair will fall to a new all-time trading low.
Relative Strength Index
The Relative Strength Index on the daily time frame is currently attempting to turn bullish.
MACD Indicator
The MACD indicator on the daily time frame has turned bullish, with both the MACD signal line and histogram generating buy signals.
Fundamental Analysis
The medium-term prospects for BSV do not look particularly promising.
The project had been delisted from several large exchanges, including Binance. Its founder has also generated a lot of negative feedback from some of the biggest names in the crypto community. Moreover, BSV lacks adoption and currently has failed to make use of its large block size.
Conclusion
BSV is attempting to shift its bearish bias across both time horizons, with buyers now testing towards critical technical resistance.
Caution is advised if the bearish patterns on the four-hour and daily time remain valid, as the BSV / USD pair could still fall to a fresh 2019 trading low.