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
Bullish On Bitcoin! (Satoshi Vision)I am very bullish on BitcoinSV. (True Bitcoin)
I see a very similar situation as GameStop before a huge pump!
GameStop had a great deal of short sellers so buyers took advantage of this and pumped the market.
BitcoinSV has exactly the same market condition's as GameStop before the pump.
I see Prices going far above its ATH when this pump occurs.
A whole bear market can be gone in a moment! don't forget what markets can do.
Stay profitable.
What comes next? BSV chart won’t exist in the future imo. There will be a rebrand “Bitcoin” ruled by a court order and a fresh chart for it. Price discovery will happen obviously at launch. Number could be anywhere from $5000 to $40,000 depending on the fomo and the craze behind it. Thanks for playing.
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
BSV - Long Term IdeaInverted Cup and Handle can viewed as a possible bearish view
This will lead to further downward movement for BSV
BSV Long, It will be the leader.Legally we already know that Dr. Craig Wright is the creator of Bitcoin but the cryptocurrency market is o BITFINEX:BSVUSD n denial stage, when BTC falls to 14k the full potential of Nakamoto's Vision will be unlocked. It will only be the first wave of adoption, I feel like 2010.
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.
💡Don't miss the great buy opportunity in BSVUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (59.673).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BSVUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 70.961
TP2= @ 75.153
TP3= @ 79.218
TP4= @ 83.474
TP5= @ 87.645
SL= Break below S2
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💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in BSVUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (59.673).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BSVUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 70.961
TP2= @ 75.153
TP3= @ 79.218
TP4= @ 83.474
TP5= @ 87.645
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
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 USDT LONG SWING| BSVUSDT | LONG @ 57 - 59 | TP @ 60.5, 61, 61.5, 62, 62.5 | SL @ 53 | PATTERN = DOUBLE TOP BREAKOUT | BITFINEX |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved.
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 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.
Buying and Selling Area for BSV Best entry was 80$
We can appreciate the strongest support at 75$
We can too consider the prodigious performance of BSV in 2021
We can not discart this promessing crypto anymore, yes the controverse is here,
but the curves speak for themselves.
Next dip I will definitly give it a try.
Double Bottom and Breakout/Retest.Buying the bottom in the green box worked out very well, and BSV is outperforming BTC slightly in this run over the last 2 weeks. Bullish breakouts continue. The only concern is daily RSI is higher than it's been in a year, so we may be nearing the top of a local push. There will likely be a refueling buy opportunity over the next 2 weeks, and then we see whether this was a bull trap, or the buy opportunity of a lifetime at $76.00
Time will tell.
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 is aliveNot sure who is buying bsv and on what exchange. Not much exchanges trading BSV. Nevertheless, price seems to be breaking out.