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BSVUSD

A downward breaking is more likely than an upward breakingThe short term support around $150 has been tested twice, and usually it breaks down the third time. In addition, there is a clear head and shoulder pattern formed since Mar'20 under a long term descending trend line. Historically, there was another head and shoulder pattern for BSV in 2019, and the chart tells the story of what happened in Apr'19. I know everyone is waiting for a BSV pump, but if you connect all historical lows together, you can see how far BSV now is away from the long term support (around $100). And you can also see every BSV pump is actually after two hits of the long term support. So if you really want BSV to soar soon, please begging for another $100 revisit first, otherwise BSV will stay sideways until Apr'21, when the triangle will close and the price will have to make a decision.
BShort
by xiuluowan
12
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!
BLong
by MrScalpers
2
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 : )
BLong
by MrScalpers
30
Bitcoin SV (BSV) - December 16Good morning? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- We need to see if it can rise along the uptrend line (1). You need to make sure you get support at 168.280. If it can rise above the M-Signal line on the 1W chart, further gains are expected. Breaking off the downtrend line (4), if it could rise above the 193.680 point, it is expected that the upside would begin to rise above the 280.450 point. If you fall at the uptrend line (1) or at 160.820, you need a Stop Loss to preserve profit or loss. However, if the price is maintained above the downtrend line (3), a rebound may occur, so careful trading is necessary. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop-Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
B
by readCrypto
3
Bitcoin SV (BSV) - December 12Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- You need to see if you can get support at 160.820 or at the uptrend line (1). If supported in section A, it is expected that there will be a move to climb above 193.680 points. However, if it goes down, you can touch 106.420 points, so you need to trade carefully. -------------------------------------------------- ------------------------------------------- ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop-Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
B
by readCrypto
1
Bitcoin SV (BSV) - December 7Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- We must see if we can ascend above 193.680 points. If it falls from the 146.0 point, a Stop Loss is needed to preserve profit and loss. -------------------------------------------------- ------------------------------------------- ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop-Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
B
by readCrypto
2
Bitcoin SV (BSV) - November 15Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- We need to see if it can rise along the uptrend line (1). You also need to see if you can rise above the 160.820 point and break off the downtrend line (3). If it is supported at 160.820, it is expected to rise above 193.680. If it falls from the uptrend line (1), it is a short-term Stop Loss. -------------------------------------------------- ------------------------------------------- ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop-Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
B
by readCrypto
2
BSV / BTC Main trend. Channel. Fractal. Past idea + 1760%BSV / BTC The main trend of this coin is upward. This makes for great money. They work on the pump / reset principle in the range of a huge ascending channel with a step of 380%. Coin "Black PR". Liquidity is acceptable for trading large amounts of money. Pay attention to the levels. It's all about the little things and the logic. I would advise to open a long position not from the bottom of the channel, but on a breakout / pullback (it may not be) after the breakdown of the secondary trend line (purple). The reason is very simple, it is better to buy a little more expensive, but with a high degree of probability an uptrend will develop. The previous idea for this coin gave a manipulation profit of + 1760%. But in a BSV / BTC pair. It is clear that I did not earn + 1760%. The last orders were sold in the + 300% zone from the entry point. I have previously described in the trading idea that this manipulation will occur, but I did not expect the momentum to be almost + 2000%! BSV Coin operation. Cheating movements. Pivot points. + 1760% All targets are closed, the last targets are + 300%
B
by SpartaBTC
20