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BSVUSD

Bitcoin SV (BSV) - April 17Hello? Dear Traders, Nice to meet you. -------------------------------------- The important section is 214.210 ~ 237.390. This section is also a section where a high point was formed before, and it is a meaningful section near the middle of the section that rose in 2020. I think whether it is possible to rise above this important section or not will be an important task during the remaining Bitcoin Halving period. If you continue to fail to rise above the critical section, you will eventually fall. When falling, the uptrend line (1) will play an important role. If you fall below this uptrend line (1), we believe that trading is necessary to preserve profit. ----------------------------------------- It's time to focus on selling rather than buying to preserve profits. ---------------------------------------- Description of abbreviations shown in chart R: Resistance point or section, where a counter is needed to preserve revenue S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section ---------------------------------------- "Like" is a great power for me. We will try to reciprocate with better information. Thank you for always supporting.
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by readCrypto
1
BSV - The Flippening - Strong Buy - Part 4BITFINEX:BSVUSD : Strong Buy Analysis Method: Fibonacci & Wave Theory Immideiate Target: $380-$470 (Hit) Near-Term (30-60 days): $1,400 Please see previous BITFINEX:BSVUSD analyses for further information Long story short, COINBASE:BTCUSD was compromised by two competing factions of crypto engineers. The factions working on the protocol BITSTAMP:BTCUSD couldn't come to an agreement on how to scale COINBASE:BTCUSD . The disagreement led to COINBASE:BTCUSD being forked resulting in COINBASE:BCHUSD . But, the factions continued to disagree which resulted in COINBASE:BCHUSD being forked. The fork created POLONIEX:BCHABCUSDT and BITFINEX:BSVUSD . The disagreements put the 'Nakamoto Consensus' to the ultimate test. Nakamoto consensus is a name for Bitcoin’s decentralized, pseudonymous consensus protocol. It is considered as Bitcoin’s core innovation and its key to success. The consensus protocol doesn’t require any trusted parties or pre-assumed identities among the participants. Consensus can be reached by selecting the “longest” chain of valid blocks. In the Bitcoin whitepaper, and some other documentation, it is indicated that the honest chain grows the longest, assuming that 51% or less of the miners are malicious. Therefore, the longest chain can be considered to be the chain with the most invested Proof-of-Work: In short, Miners use their hash to vote on the Blockchain. Miners supporting POLONIEX:BCHABCUSDC will move their hash to mine its Blockchain. Miners supporting BITFINEX:BSVUSD will move their hash to mine its Blockchain. Before the Fork, BITFINEX:BSVUSD camp had over 70% of Miners hash. (Important) Last week, Bitcoin Cash (BCH) personalities proposed a 12.5% tax on mining rewards that would ostensibly go to funding network development. Cointelegraph reported last week on the proposed tax published by Btc .top CEO Jiang Zhuoer. The “infrastructure funding plan” would have miners send 12.5% of mining rewards to an entity in Hong Kong. The co-signing entities repped 27% of hashrates. Most controversially, the proposal included “orphaning” non-compliant miners — the practice of removing blocks from the chain that resembles a 51 percent attack. Critics underscored the routing of funds to a CORPORATION instead of a nonprofit and the absenting of a voting procedure, which would mean COMPANY OWNERS would control BCH development. Other complaints included CHINESE government interference and profitability since the tax would affect miner revenues. BCHABC's fate will be determined by Miners and Economics. ******* Following Wave Theory, Wave 1 was supposed to extend but instead price-action broke down and we have retraced almost the entirety of Wave 1. BTC's hash rate topped out on 3/5/2020 at 157,909 PH since then we have gone done to as low as 85,000 PH on 3/11/2020. Hash Rate does not completely determine price but since this is a new technology it does play a role. Crypto Mining Servers do not catch viruses so it is highly unusual for BTC's hash rate to almost be cut in half. China is currently the leader in Crypto Mining and has been known in the past to manipulate hash rates. I'm expecting basic economics to correct this action. Hash is coming back online. It will be interesting to see if the Hash is reallocated. Track the Blockchains here: coin.dance Hash Rates: snipboard.io Block Size (Scale): snipboard.io Profitability: snipboard.io 6 Hour Chart: Primary Wave 1 & 2: Immediate Target Area: $465-$700 1 Minute Wave Count: Will update with further timeframes and will track BSV's waves. -FMW
BLong
by FibMarketWatch
50
Bitcoin Satoshis VisionStock Symbol: BSVBTC BSV had a fairly large correction from its last big pump. Now we are starting to compress on the selloff with a potential shift on the weekly. Want to watch volume push up for the crossover here. Accumulating here is not a bad idea. Diversify and use 5% stoploss ---------------------------------------------------- We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new strategy to add to your arsenal. Use Promo Code: FIRST100 to receive $50 off of your course! First come, first serve / Code valid for first 100 buyers. Normal price $99 --------------------------------------------------- Thank you for your continued support, God bless you though these times. - Major League Trader
BLong
by UnknownUnicorn2319099
1
Bitcoin SV (BSV) - April 8It has risen between 214.210 and 237.390, an important section. You need to make sure you can climb to the 237.390 point. You should also make sure you can get support at point 214.210. If you get support and ascend between the important segments 214.210 to 237.390, I think there is a possibility to touch the 287.380 point. BCH Halving is around April 10, so I'm not sure where to go. In this case, I think it is best to respond by looking at the flow of the chart. I think split trading is an important method of preserving profits. ----------------------------------------- I think the current situation is not very good to understand the overall flow of the coin market. Accordingly, it is time to focus on selling rather than buying to preserve profits. ---------------------------------------- "Like" is a great power for me. I will try to reciprocate with better information. Thank you for always supporting.
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by readCrypto
4
NVT green will mark the start of the upturnWhen NVT (bottom graph) turns green in history it starts an upturn in the bitcoin cycle we are not far from it. 4400 btc price is what I'm expecting to be the bottom as it hits the historical yope as it has with EVERY halving. just my opinion of course but its been the same twice before, btc price reaches the bottom of the yope channel around 4300 nvt turns green Bitcoin starts to bull run very shortly after,. ok so load the BLX trading view set on log weekly find yope and use in log scale add nvt hisotical keep your eyes on those green up turns
BNC:BLX
by moggsuk2
Bitcoin SV (BSV) - March 31 (4h)It must be supported by the uptrend line (1). In addition, support must also be received at 135.000 points. It is possible to set the 135.0 point to Stop-Loss. You need to make sure you can climb above the 172.910 point. It should rise to the short-term downtrend line (2). The key point at the current location is 214.210. ---------------------------------------- Most altcoins are affected by the flow of BTC and are gradually losing power. In this case, you need to be careful about altcoin trading. We believe that the altcoin must have a lower USDT dominance in order to gain power. Before trading altcoins, it is recommended to check the flow of the USDT Dominance Chart and the BTC Chart first. USDT dominance chart. ---------------------- Even if it's annoying, please click "Like". If you click "Like" a lot, we will update it immediately when there are any unusual features. Thank you.
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by readCrypto