A third wick formed just below the bullish descending wedge. On balance volume holding up strong. Price also despite weakening volume in general - this can be seen as bullish. I maintain my bullish stance on BSV and my target 0.25 BTC for one Bitcoin. That's almost a 15x in BTC terms and implies a price of about 1500 to 2000 USD for Bitcoin SV. Let's see if it...
FA: 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...
Not a financial advice. Just share My opinion. There’s huge bullish divergence on 1D TF. And at the end of falling wedge pattern + bounce nicely on support trend. Might be a good chance to long. Hoping the january scenario will repeat! :3
It looks like we're approaching the very end of this falling wedge. I can see fireworks happening in either direction. I'm aiming for up. High risk trade, use a stop-loss. Good luck
Investing in this coin would not have procured you a bigger loss compared to investing in BTC. Except TA now are weak. We can see that BSV trades in ranges. Currently it is sitting on the support of the upper range and clearly following the ichimoku cloud to the twist. RSI and MACD are bearish. Volume is dropping. If I was a financial advisor, which definitely I...
Beautiful positive divergeance at the right time. BSV sets up for an around the apex of the bullish wedge. This is very bullish when it happens ! Expect massive overperformance relative to Bitcoin in the short to medium term.
Monthly trendline hit, nothing else to add.
When we look at the Bitcoin SV monthly chart, we can clearly see that similar movements are repeated throughout the market cycle, as well as these movements are repetitive, they also show a temporal symmetry, and the similarity is quite surprising.. In my opinion, we will see again the same fractals that have occurred in BSV from past to present. I think...
05/08/2020 Symbol: BSV/BTC Exchange: Bitfinex Position: LONG Audience: @everyone Action BUY: .018 - .021 Stop loss - A daily close below .018 Risk - Depends on entry average Target: .024, .027, .029 At the halvening, we normally see a quick dip on BTC for a few days. Right now, that probably means miners switching to BSV and BCH for profitability, at least for...
We rarely watch this chart. BSV is constantly strengthening against BCH. With time, BSV will be the leader.
The last time some very long wicks formed under the resistance of the triangular patterns, price moved very sharply to the upside in the following days ! Will it happen again ? My outrageous price objective for BSV (0.25 BTC) - YES !! a quarter of a BTC is still valid !! Will it happen ? ... I think so !! - not financial advice - just my personal opinion !
I suspect we will soon have a strong breakout in BSV ... This one could be spectacular since BSV is overperforming Bitcoin by leaps and the breakout of the second bullish wedge would clearly attract attention of the crypto space. There could be a strong FOMO leading to our procected medium term target of a 1/4 of a Bitcoin ! Not financial advice - I could be wrong...
Going down. MACD red. Will probably go down at least to bottom level of Rsi band, maybe lower.
If price enters the kumo and completes an edge to edge - look for yourself. BSVBTC is currently in consolidation. I'm waiting for a kumo twist to confirm.
Hello, wonderful person! Bitcoin Satoshi Vision (BSV) retesting resistance Supply: +16% USDTransfers: +61% BTCPrice: +5% BTCVol24h: +45% Weekly: Bullish retesting resistance Daily: Bullish retesting resistance
Price is pushing into the 61.8% resistance level on the daily and has found a little consolidation channel. If we can break above this channel, I'd long to the next key level (78.6% on the daily), possibly taking some profit along the way if we come into resistance earlier. If we form market structure breaking above the channel, my stop loss will be just below the...