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Satoshivision

BSV Needs To Break ~$267 For the last couple of months ~$267 has proven to be a key level for BSV. The previous local tops in early April, mid-February, and early January all failed to close above that level and hold it. Over the last few days we've been increasingly pushing up against it but still, it fails to hold. To break and stay above it will require a High Volatility Funnel (HVF) on a larger time frame. I think that's exactly what is happening right now. The price just tagged the 0.618 fib level at ~$254 and is going back up. I think we will likely see it temporarily break the blue line at $267 and come back down to the yellow trend line before decisively breaking out. However, it is possible it'll just break out from here. I'll consider this idea invalidated if we break below the 0.65 fib level.
Long
by mrlewischurches
BSV/BTC 1D (KuCoin) Bounced on descending channel supportFA: Bitcoin Satoshi Vision is a hard fork of Bitcoin Cash, which is a hard fork of Bitcoin itself, all Proof of Work (POW) protocol. Those 3 coins dominate the crypto market as they are in Top 5 market cap (excluding USDT) and they all halved their mining rewards few months ago. TA: BSV (also known as BCHSV) is in that parallel channel since beginning of the year and start looking like a bull-flag to me. Few days ago it bounced on support which makes it a demand zone, and right now it looks oversold that's I'm expecting it will up. Current Price= 0.017221 Buy Entry= 0.017250 - 0.016550 Take Profit= 0.021280 | 0.024520 | 0.028150 Stop Loss= 0.014710 Risk/Reward= 1:2 | 1:3.48 | 1:5.14 Expected Profit=25.92% | 45.09% | 66.57% Possible Loss= -12.96% Fib. Retracement= 0.236 | 0.5 | 0.786 Margin Leverage= 1x | 3x | 5x Estimated Gain-time= 1080h
Long
by TradingOn
A discount on B-SV on Kraken...Some people might be interested... They seem to be doing things... Giant blocks (the biggest ever) have been mined... They have made tests where they sent 2 GB blocks intercontinentaly too. The SV camp does not look like they are going to stop the war till BCH is dead, they have been reorging lately I wonder what they are going to surprise us with next, and ABC of course was mostly mercenary hash and will die. I am sure one could short Bitcoin because if Bitmain joins the war they'll probably have to drop the price... Either that or SV wins I think. So anyway, might be interesting to buy some while no one gives a crap / too dumb to comprehend what is going on. Got some on Kraken where the price is 30% lower :D (You are welcome btw) They only have a couple hundreds available thought, might be more later on. Price might drop lower, ready to buy more if that happens... High risk high reward. Reward outweight risk alot to 1.
BLong
by MrRenev
5
BCHSV - Another 40-60% Capitulation Before the Bottom?Hey guys, I've been watching BCHSV which resulted from the BCH fork that occurred a few weeks ago. Here are a few thoughts: Fundamentally I think exchanges and significant market stakeholders are betting on the ABC version of the fork - BCHABC - which indicates to me that BCHSV will likely undergo and remain heavily discounted, or at least experience heavy volatility. The BCH ticker will likely go, by default, to the BCHABC version. As a result, BCHSV will likely struggle to get widespread exchange access, and judging the current "influencers" behind the vision and mission of the asset, it will likely struggle to find many friends while getting relegated to the margins. That being said, this asset is being monopolized with relatively few significant market participants so anything can happen over the longer term. From a technical perspective, we can see the fundamentals playing out on the chart and we now have a falling wedge pattern that has paved the way to capitulation. Currently we have strong support at $37, but if this breaks we could reach prices as low at $19. ***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the information here at YOUR OWN RISK
BShort
by Trader6127
2