BSV to test the support linesBitcoin SV is close to test two important support lines and most likely it will.
What is the utility of those Bitcoin forks anyway?!
Aren`t they useless?
Bsvbitcoin
Now might be the time to buy BSVIdea for BSVBTC
Previous double touch or double bottom has resulted in a large price increase, will this new one forming do the same?
Correlating this with BSVUSD it is a great time to buy and a great candidate for a huge pump
Here is the chart im correlating it with
BSV Lacking DirectionI expect a sharp move up (yellow) to climb out of the current fib ring within the circle, then a following advancement to the Lightning icon
Some direction and trends need to be established for BSV
Hopefully if this occurs it will lead to some
BSV Is Going To Explode Higher MartyBoots here. I have been trading for 13-14 years and I am here to share my ideas with you to help the crypto space.
I think it would be a bad idea to sleep on BSV right now .
If you want help trading it hit me up
BSV broadening wedgeBSV has formed a LARGE broadening wedge, this a very bullish pattern included a fractal and an optimal buy point. Also some moonshot ranges once BSV breaks this broadening wedge barrier.
BSV/USDT TA Update (Bullish Pattern?)BSV/USDT
BSV is currently painting a bullish descending triangle pattern that has the potential target to retest swing High.
BSV needs to hold this bottom trend-line and 50MA for at least 2-3 days to provide enough momentum for breakout possibilities.
If BSV closes below 50MA, I'm eyeing next support around 210 - 180 regions.
BSV ANALYSIS (PUMP, FOLLOWED BY DUMP?)BSV
BSV has pumped significantly topping out at .0200. This coin is known for various pump and dumps shortly after. I expect a retrace back down towards the entry zone at .015. I would not recommend a push to jump into a long right now. Wait for the retrace or short BSV down to the proper levels. If the new entry zone holds strong look for a rise back to a double top with take profits at T1 of .017 and T2 of .0185. Look for a cross of the 50 & 200 MA coming up if this pump holds. Currently 50 is JUST underneath the 200 MA. A crossover and a reversal at the entry zone is very bullish! Short term the RSI is oversold and Stoch is already pushing back down. Sellers exhausted and the wick is burning out. Expect retrace to come sooner rather than later!
Possible Entires: .01500-.01525
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
