BSVUSDT trade ideas
What LuckI just realized something here.
BCH forked off of BSV nearly at the very bottom.
BSV might have the purest chart out of any major coin.
We started our chart at the very bottom of a gigantic bull run.
There is absolutely no limit to how high we can go.
We can barely go 2x from here and we will nearly break the ATH for the BSV chart.
BCH for example has that $5000 mark hanging above it's head.
So many people got burned on that move.
BSV has no move that burned people.
If you bought at $400, you didn't watch your account go down 95%
BSV is in a game of it's own this bull run.
There is nothing to compare it to.
No one will have any idea how to price it.
This is going to be wild.
BSVUSDT Trading Sideways but Slightly Bearish, Chart MappedI was asked to look at BSVUSDT, here is the chart.
This pair has been range-trading for a while, it is going sideways.
The yellow space keeps things sideways.
Above the first dashed magenta line, the bulls gain full control and additional bullish action is possible.
Below the first blue dashed low, the bears have the upper hand.
Right now prices are trading below all EMAs, including EMA10 and we also have a bearish candle yesterday, signaling that the bears are trying to jump in.
For the outlook to change from bearish to bullish, we would need to see BSVUSDT move above all the moving average lines, that would be the first strong signal... As long as prices remain below these (EMA10, EMA21, EMA50, MA200, etc.), we look for lower prices.
This is not financial advice.
Thanks a lot for reading.
Namaste.
$BSV $BTC #HODL #weeklycandle #ascendingtriangleI see good potential with #BSV within the month of January into February. #BTC will continue upwards so #BSV looks like a good one to have handy.
BSV & changing my mind ! Hey traders,
since it doesn't have a clear motive wave since the development of the price...this scenario might suggest a current development of higher degree impulsive wave which the price now can explode at any time to make its wave 3.
breaking the support line might weaken this view.
good luck
BSV & the last up leg ! (worth it)
Hi trader,
as shown in the chart if traingel pattern could hold then the reward is very huge....but moving below 141 level weaken this view.
good luck
BSVUSDT falling wedgeHi, everyone! Today we’ll take a look at BSVUSDT!
As you can see from the chart, the price has formed a falling wedge and is currently being traded at the edge of the resistance line in preparation for a breakout. I’m expecting a slight fall, followed by breakout and impulse growth. This is my personal opinion, not a call to action!
Thank you for your attention! If you like my analysis, put likes and follow me. May the profit be with you!
BSV Up then down.Expecting a short pop up to break the recent highs, grab the liquidity for a push back down towards 152.
BSV Target $605 - $840i like the way that BSV has been moving within this fib trading range
last pump went to 1.382 extension of the range
presently holding above the 61.8 level
if the next pump went to 1.618 that would be $630
various fib projections which have produced the target area
wedge slowly closing, expected break to the upside due to:
Court cases
- Case involving 1,100,000 BTC BCH BSV likely to be dropped as the plaintiff Ira Kleiman does not have the grounds to sue on behalf of the trust.
coingeek.com
- 'Faketoshi' case, defendant Peter McCormack's lawyers have signalled he has given up after seeing evidence produced in discovery
coingeek.com
Fundamentals
- Teranode coming 2021, bringing terabyte-sized blocks and 50,000 TPS ending the scaling debate
- Enterprise deployment on-chain - Geospock and EHR Data
- Block TX fees bringing more income for miners than block reward in Q1 2021 as hinted by a large publicly listed miner Taal at the Coingeek conference
Fundamental news can easily change the behavior of charts:At this point in the Bitcoin SV currency chart, there should have been a divergence like in the previous period, but the bad fundamental news changed the trend and caused prices to fall, which we also saw in gold and oil prices, and the main reason is probably the re-outbreak of the Corona virus. Was.
