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.
Bsvlong
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 - 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 .... !!
BSVUSD Staggered Fib ExtensionsAn idea and observation for BSVUSD
Showing the peaks consistently moving up as per each fib level going from 1 -> 1.618 -> 2.618 and finally the predicted 3.618
50MA is beautifully structured and is just waiting to break out of this stability that price is in
#BSV Bitcoin SV LOG Chart- 5X potentialI always wonder why BSV is offered on Robinhood and not on Coinbase. :P
I put together a Log chart on a 1D and looking at history to assume where this is going.
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
#BSV BSV Bitcoin SV 4H ChartInteresting: Symmetrical Triangle formed with a bull flag design. If taking the flag staff at breakout, it just about touches the 0.65 Fibonacci level. Also notice the volume has not been there for BSV for over 150 days. Something is brewing for sure. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice.
BSVBTC TWO YEARBSV ALMOST TWO YEAR WAITING FOR THE NEXT MOVE
The time is coming and you need to be prepared for that
Best
Let's play darts with BSV : 3rd explostion timingGiven the pattern we can plan a BSV explostion around september 2021, which gives pretty much time to get ready.
Patience is the key especially when you see a lot a s***coins pumping.
The advantage lies in the fact that it is being choked and censored,
the disadvantage is that there is a risk of implosion, in which case
it would not dump fortunatley but not go up either,
In any case, it will survive, I guarantee it.
Beyond the chart patterns, the fundamentals (TPS, decentralization, preojects etc...)
helps that trade if we ommit the CSW double edged sword situation.
In this case it's pretty much a nice hedge to sum it up.
Safe trade, don't recklessly bet like me but don't miss the turntables though ! ;)
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
BSVUSD Repost - Gold Mine Clear repeating pattern in yellow,red,green
Repeating cycle
This will be a big moonshot I had to repost
heres the original post
BSV Great Buy - BSVUSDA comparison idea for BSV
Showing (1) tight price accumulation area
(2) A dip below the major trendline
And (3) a 240% rise from the trendline, a comparable rise to that seen in the first scenario
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
Bitcoin SV will follow Bitcoin Cash & pump to $800 for an doublePerfect setup in BTC pairing. This Bitcoin fork has been the most underwhelming performer. Bitcoin Satoshi Vision shall soon rise. It is currently trading at $374 in fiat value. Once we have the cup and handle breaks out on the 4 hour MACD convergence, it is time to explode to $800+.
Hey crypto fam this is just my opinion!I am watching on BSV/BTC because it has a history of break out with the massive volume spike in very short time, after being corrections for longer time and I think it is the right and earliest time for us to get in to it. Let me know your thoughts fam
Lets play Darts on BSV, the real bitcoin hidden in plain sight ?Beyond the real bitcoin debate and real Satoshi, is BSV a sleeping giant ?
This depends on the turnout of certain events we all know about obviously.
But a natural growth can make it reach 2K very easily, chart to check with log also.
Based solely on technical factors such as transaction / second, mining network etc...
Considering the real bitcoin, real Satoshi issue I won't pronounce myself but it is wise to acknoledge
it as a potential explosive uptrend as well as a downward crash due to unpopularity, in other words,
we have to deal with a double-edged sword crypto here... This makes a risky bet on this one, but why
do we come investing in crypto otherwise ?
Safe trade fellas ;) Let's live 2017 again and again...
Bitcoin SV BSV 4 hour vs 1 Day timeframeBitcoin SV BSV receives a sell signal on the 4 hours timeframe and another sell on the daily.
Please leave me a message if you want to test the buy and sell indicators that i am using.
bsvusdA new trading setup for BSV/USD
In this diametric structure pattern, there is a low risk position.
in this way, considering to the SL, you can buy some BSV/USD.
targets, marked in chart.
first target is about $ 300
SL < $ 150
good luck
BSV/USD Looks So Good on a Line Chart!I previously posted a monthly chart of BSV with kind of a negative outlook. I have been dabbling around with line charts lately...you know...because they say don't use line charts in your trading!
So maybe there's something to the line chart that most people are pointed away from?
Anyway, this looks so beautiful to me! So clean. Don't you think so?
I don't need to do any explaining on this chart...that's the beauty of this.
For the long term traders out there, I want to encourage you to use line graphs to help see patterns and things that might keep you in a trade longer. Or take you out of a trade sooner.
I don't know if follows really matter on trading view but give me a follow, I'm on twitter too!
Did BSV/USD Break Trend?Transparency: I own a decent amount of BSV! I use Twetch occasionally and looking forward to more things that will be built on this blockchain.
The technical opinion is below the line in the post.
I think it goes without saying that BSV/USD is not an asset that can be traded like other crypto assets. I am of the opinion that BSV was highly manipulated around the time that CoinGeek held their conferences, I'm not complaining, just something I notices.
But a pump didn't happen around the time of the last CoinGeek event, well, not a very big pump at least! Was it due to Covid? Perhaps, or maybe the pumpers didn't think it was worth pumping around that time because there wasn't going to be an audience at CoinGeek...who know.
So, what can we do with this crypto asset at the levels it's trading at now? Under performing what everyone that bought into the hype thought would be an amazing over performer.
__________________________________________________________________________________________________
I'm showing a chart of the one month candle, which to me, cut's out all the irrelevant noise. Because, if you think about it, that's all it is, especially with this asset.
I pulled a line from the low of the first candle wick and connected it to the bottoms of the two rocket ship candles.
I know what you're thinking...why didn't I connect the line to all the low wicks? To show different perspective...that's all.
I notices that if the month of December's candle closes below this line, we may have broken a long term trend!
Does this really matter if the candle closes below this line...the more I think about it...the more I tell myself...no! To be honest, this is the one crypto I can't trade, even when it pumps hard.
To me, this is a fundamental play. So, since I saw value at $240, why wouldn't I see value at $150 or $130? Even after it breaks trend?
BSV isn't listed on many exchanges, Bitfinex, Bitrex, and Robinhood. There's probably a few more but that's not very many.
It can be manipulated pretty easily I'm sure!
I don't think BSV will start trading like a normal asset until they prove to the crypto world that they are what they say they are...Bitcoin.
What I find interesting though, is that Robinhood will allow BSV to be traded on their exchange. Can anyone leave a comment as to why that is?
I'm mean, BSV was branded as the "Scam Coin", why would robinhood allow a scam coin? Food for thought.
Leave a comment, let me know what you think.
This was a lot of rambling but I don't get to discus crypto with anyone so might as well talk to my keyboard : )