Range of pullback in an uptrend 59 is the support level to keep an eye on today otherwise we are heading to a bigger correction
BSVUSD trade ideas
1200?If the current trend continues I see no reason why we would not reach this target of 1200.. Problem with BSV is that the price is kept down by someone for years and there is a lot of negativity and gets delisted all the time. Unfortunatelly we have to be careful with this one, it's risky.
The Vision...Ok So I don't rate this very likely at all but the future is quite unpredictable and this coin is totally written off/hated - People tend to not believe things until they happen.
✴️ Bitcoin SV Still Targeting 100$ Or More Than 222% Potential This pair can easily cause mixed feelings... At first the chart might not look that good but it is indeed a good setup if we look closer. Let's dive in.
Bitcoin SV (BSVUSD)
A major downtrend has been broken and this is really important because now we can be in neutral territory or at the start of a new trend.
Just as the downtrend lasted for years, the uptrend can do the same.
The bottom low happened mid-June followed by a very strong price bounce.
After this bounce we have a classic correction and boring price action, here is where we look deeper for clues.
The current price might look weak but it isn't.
BSVUSD is currently trading much higher compared to the 10-June low.
It also trades higher compared to the more recent 17-Aug. low.
Finally, the current price is trading above a Fib. level and the May 2023 low.
This all imply some strength.
Since the downtrend is over and we have a very strong bullish bounce after the 10-June low, we can expect a continuation to take place.
This assumption remains valid as long as the 10-June low holds regardless of what happens short-term.
If one wants lower risk the 17-Aug. low can be used as the stop but the bullish bias remains active as long as prices trade above the bottom low.
The longer it takes for the bullish break to happen, the stronger the bullish wave that follows, that's how it works.
So delays can happen but are a good thing overall.
Say some governmental institution unleashes many attacks on the Cryptocurrency market and innocent people and we get another delay... This is nothing, because what is bound to happen will happen and people only become stronger through the struggles they have to face.
Just as it happened with Bitcoin, it had to go through so many challenges to get above $3,000 and become established as a new asset but now it is as strong as the firmament above our heads.
You can delay progress from happening but you can never stop human growth and change.
First the roots, then the trunk, then the leaves, the flower and finally the fruits... The fruits always show up at the end.
Patience is key.
Thanks a lot for your continued support.
Namaste.
✴️ Bitcoin SV Ultra-Bullish (Years Of Growth | 140% Potential)Higher lows since mid-June and now trading back above EMA300...
MA200 as well has been conquered recently and this opens the doors for long-term growth, this is the situation in which Bitcoin SV (BSVUSD) is now sitting.
100% growth potential? Easy.
When this pair starts to go it will be really fast and strong, sustained, meaning no corrections or retraces being very small.
Why? That's just the way it works.
The signals are all bullish;
The chart is really strong...
Confirmation, after confirmation and remember, what one does, the rest follows...
A bullish Bitcoin SV supports a bullish Bitcoin a bullish Ethereum and so on.
Prepare... Make the best out of this bullish wave, even though we will have years of growth.
Namaste.
There has never been a better moment to buy bitcoin !The price of bitcoinSV (the original and only scalable Bitcoin) has broken out of the long term huge bullish descending wedge.
The 200 MA has also been driven out of the wedge.
A capitulation type crash has concluded the long term bear market for BSV (touching the all time low of 19 dollars) at the end of june of this year.
Since then price has violently been pushed in the opposite direction (200% form wick to wick) and has broken out of the wedge in the opposite direction.
This is a tipical pattern at the end of bear markets (same thing has happened in 2020 in TLT American Bond 10 Y interest rates, for example.
BSV price will go up (as interest rates have during the last three years).
ROC (rate of change) and RSI (relative strenght index) have also broken out.
IT IS THE BEST TIME TO ACCUMULATE SOME TRUE BITCOIN.
Maybe the world will realize the true nature of bitcoin and how Segwit made Bitcoin Core irrelevant in august of 2017.
Not financial advice - but I have definitely a decent bag in one of the most performing blockchains of the world (if not THE best).
BSV vs XRP 2017 | Holy Divergence, Batmanwe've got a wild RSI. 2017 XRP did a +600x. waiting for the price to catch up with RSI. hold on to your butts.
BSV SHORTI think that BITCOIN will go back to the last pump start level that is about 26500/26800, THERE WILL SEE WHAT WILL BE THEN...
So some ALTS like BSV, TRB and others that had big PUMPS will have a good correction before the next UPTREND.
Be careful!
DON'T RISK MONEY YOU CANNOT AFFORD TO LOOSE
And by the way, don't open big position with high leverage, the best way is accumulate a position at different levels until will be the trend change..
BSVUSD On the MA100 (1w) for the first time in 2 years!Bitcoin SV crossed today over both the Falling Resistance of the April 12 2021 High as well as the MA100 (1w) for the first time in nearly two years.
If the (1w) candle closes over it, it will be a bullish continuation signal.
Trading Plan:
1. Buy if a (1w) candle closes over the MA100 (1w).
Targets:
1. 100.00 (top of Channel Up and symmetrical +205.87% rise as the previous rise).
Tips:
1. The MACD (1w) is on a Bullish Cross, still under 0.000 and on a huge Bullish Divergence. This clearly indicates that the market is transitioning to long term bullish. Still early as the 1week MA200 is over our target.
Please like, follow and comment!!
BSVUSD: This move has potential but don't get excited yet.BSVUSD reached the 1W MA50 as it started the week on a strong bullish note, turning overbought on the 1D technical outlook (RSI = 81.503, MACD = 0.780, ADX = 33.231). We may not see the usual technical relief pullback that follows after overbought conditions as the 1W MACD just formed a Bullish Cross and remains under the 0.000 neutral level. This suggests that in case of a breakout, the upside potential is big. Target the R1 level (TP = 56.450), which is the strongest Resistance currently as it is where the 1W MA100 is headed to.
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BSVUSD: Strong buy opportunity for +50% profit.BSVUSD hit the top of the former Channel Down pattern and is rebounding. The 1D time frame has normalized its previously overbought technicals (RSI = 63.544, MACD = 3.840, ADX = 63.502) and that can give rise to a new round of buying. As you can see the Fibonacci retracement levels form solid Support and Resistance levels, with the latest one being the 0.786 level that was almost hit on the last rally. Our target is a full gap filling (TP = 67.0000).
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BSVUSD-SELL strategyThis one doubled in value in a few weeks time. This tells you how careful one should be.
In terms of technical picture, same as BCHUSD this one may move back to the previous registered highs. I think 4-hourly has potential to see $ 52.00-54.00 area or little higher.
Strategy is BE PATIENCE and SELL @ $ 52-54 and take profit @ $ 43.00.
bsv vs 2016-2017 xrpvery similar accumulation pattern. xrp ended up doing a 630x. watch macd. watch rsi.
not financial advice
✴️ Bitcoin SV Ending Diagonal | The Intuitive SignalIs this an ending diagonal or a triangle?
Bitcoin SV just hit a new All-Time Low which is a major development and also a great signal for us "bottom fishers"... You know the saying, "once you hit bottom, the only place left to go is up".
My intuition recently alerted me saying something like this, in a whisper... "Hey Alan, check BSV"... Well, not really, it was more like, "Look at Decentraland and BSV" on a bland tone while at the same time pictures of the charts were coming up in my minds eye.
As you can see from the chart above, BSVUSD has been crashing since April 2021 with no major bullish or reversal signals.
The pattern I mention at the start is true and the ATL... Oh wait, there is more.
One classic and quite accurate signal comes in the form of divergence and these work great to alert about potential reversals.
First, the chart | BSVUSD Weekly RSI
As you can see, the RSI bottomed November 2022 and started to go up, while BSV continued down so this is a strong divergence, coupled up with the pattern, 8-May sessions Doji, the ATL and my intuition...
Low risk (tight stop-loss) vs a very, very strong potential for rewards.
Thank you for reading.
This is not financial advice.
I love you!
Namaste.
Yep BSV is pretty much behaving like a shitcoin! Woho!Great move higher on BSV. Only coin actually moving today. Perhaps bittrex bankruptcy is helping it? Anyway next resistance is at 46-48 (50 weekly MA), if we reverse engineered support will be at 41-39.
Inverted Head and Shoulders on BSVUSDLooking for one last push to the upside before continuation downwards.
BSVUSD: Bullish Bat with Bullish Divergence on 4HRLets see if BSV can climb above the moving averages from here and attempt a rally.
Strategy for adding BSV position size after getting a successful breakout, now waiting to see what bsv next move is. We are starting to bang up against the 183ish resistance. A clear of this area could see it shooting up 50% to 150%. However I am hestitant to enter a trade here, and will wait for price to pull back, in the 0.618 fib which happens to be close to 160 usd, a nice round number, sitting on support.
that being said, nothing is guaranteed in crypto. the style of trading i like most is trend based using the markets momentum with 1:1 rr where i sell 50% of my position at first target and adjust my stop loss to break even. as long as the runners run, it makes up for any stop losses or break evens. that hasnt happened on bsv so i have not being able to take the trades i like.
if there is going to be a reversal in bsv's trend to upside with nice smooth cyclicity i will be posting TA regulary, (for myself mostly) to safely add to my position
BSVBULLIt's almost time. Professional traders have a way of sweeping through every orifice of a market and squeezing every ounce of profit out of it.
Expect that they won't leave these ones alone. Especially since you know they were Previously there. Happy >100x to you. GL HF.
EOSBULL
XRPBULL
LTCBULL
BCHBULL
BSVBULL
XLMBULL
(Maybe even TRXBULL)
longgggggggggg $BSVbsv lagging the market good position to acquire if yournt well positioned already
