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...
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...
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...
I 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...
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...
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...
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...
This 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.
Is 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...
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.
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,...
It'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)
