As many altcoins (even if BSV is not really an altcoin), BSV has started to massively outperform Bitcoin !! Will be interesting to see how this further develops ....
While Bitcoin is crashing towards 20'000 USD... BSV is breaking out against BTC after having completed a 4 year bullish wedge and after having completed an around-the-apex move. This is indeed very bullish for BSV (non necessarily bearish for Bitcoin - which has a strong marketing team behind it). However BSV has the technology and is building around a working...
BSV/USDT short Entry Range: $44 - 49 Price Target 1: $39 Price Target 2: $31 Price Target 3: $26 Stop Loss: $58
| BSVUSDT | LONG @ 57 - 59 | TP @ 60.5, 61, 61.5, 62, 62.5 | SL @ 53 | PATTERN = DOUBLE TOP BREAKOUT | BITFINEX | Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved.
There is ONE coin of which I am certain that it is NOT in a bear market !! THIS IS BITCOIN SATOSHI VISION. MACD is screaming G R E E E E E E E E E E E N since a loooong time !! RSI is showing a huge positive divergence ! Price has formed a bullish parallel channel just below the apex of which it recently broke out. Same is happening in the USD cross...
I am not exactly a fan of this coin. But if it can close a 4 hour candle above this fib finally. You could see a significant breakout. Just a coin to watch.
5 years from now people will remember this time... best buying opportunity in crypto!!
This is my first post after the FOMC meeting (that could indeed be very meeningful for the digital asset sector - time will tell). ----------------------------------------------------------------------------------------------------------------------------------------------------------- I have already posted many times and explained why I was bullish on BSV. I...
BSV/USDT Entry Range: $79 - 91 Take Profit 1: $101 Take Profit 2: $127 Take Profit 3: $162 Stop Loss: $0.73
Best entry was 80$ We can appreciate the strongest support at 75$ We can too consider the prodigious performance of BSV in 2021 We can not discart this promessing crypto anymore, yes the controverse is here, but the curves speak for themselves. Next dip I will definitly give it a try.
Buying the bottom in the green box worked out very well, and BSV is outperforming BTC slightly in this run over the last 2 weeks. Bullish breakouts continue. The only concern is daily RSI is higher than it's been in a year, so we may be nearing the top of a local push. There will likely be a refueling buy opportunity over the next 2 weeks, and then we see whether...
BSV is one of the only (if not THE only) blockchains in the world with a globally scalable technology ! BSV has more than 1000 devs working on it. BSV has a working product that attracts multiple businesses. Some people state that BSV is the real Bitcoin (though the opinion is very unpopular to say the least). ON A TECHNICAL SIDE BSV TOKEN IS VERY ATTRACTIVE...
Not sure who is buying bsv and on what exchange. Not much exchanges trading BSV. Nevertheless, price seems to be breaking out.
Bitcoin BSV looks like an Accumulation schematic. Volume looks good, supply is getting absorbed. It could go still a bit higher, especially with all the stuff going on in the world right now... I do expect a wyckoff Spring type of action soon.
| BSVUSDT | LONG @ 86 - 88 | TP @ 89, 90, 91, 92, 93 | SL @ 79 | PATTERN = HAMMER | BITFINEX | Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved.
Even if on the BTC pair it is looking quite bullish, It looks terrible on the usd pair. Break-down. Backtest complete. Sinking like a rock !! Please do not shoot the messanger.
The MACD indicator is crossing bullish on the Monthly Time Frame !! We are at the apex of the bullish descending wedge !! The next 15 to 30 days will be interesting !! B U L L I S H ! ! !
Technically, both show a similar structure with a leading diagonal, a long correction, an ugly rounding top and a struggle with the 0.618 retracement. Apple also had a bad narrative in the nineties like BSV today. Microsoft were taking over, bankruptcy was on the verge and the products weren't very popular. In my opinion, BSV is the riskiest bet in this market...