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..
Bsvusdtrading
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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BSV Great Buy - BSVUSDA comparison idea for BSV
Showing (1) tight price accumulation area
(2) A dip below the major trendline
And (3) a 240% rise from the trendline, a comparable rise to that seen in the first scenario
BSVUSD was trading within rising channelAfter reaching the 160.00 key psychological level it was bounced from that level. After reaching around 188.00 level it has dropped towards 160.00 level. The downtrend channel was broken on December 12. And currently BSVUSD was trading within rising channel . 170.00 level is currently acting as price action level the price has to be managed to break this level for further upside movement.170.00 and 180.00 will act as strong resistance zone for the bull
⏳ BSVUSD Bullish setup 10-10-10🎉 Please give us a thumbs up if u like our work and do follow us so that you can get a regular update about upcoming setups and ideas
BSVUSD
As the demand for USD dollar is weaken in recent days causes the crypto to gain most of the earlier loses. And BSVUSD is still trading within
a range and we are expecting that the range might broken upwards in coming days. The price is currently trading above .382 Fibonacci with bigger bullish
candle and well above the 170.00 level. I am expecting that the price will reach 192.00 level which is a .786 Fibonacci level
Stop lose may placed below the Trend line
💌 Leave your valuable comments and suggestions related to this idea in the comment section.
Thanks for your time. Good day guys 💝
Bitcoin SV: Potential pull back.BSVUSD is consolidating after the aggressive run that led to a peak on January 14.
Levels to watch:
- The Resistance is at 457.500 while the Support at 76.500.
- Golden Cross took place right after the January 14 top. Last time this happened on a top (June 2019) it initiated an extended pull back to the 0.786 Fibonacci retracement level.
- The MACD is printing a similar pattern to June's 2019.
- 253.500 is the former Resistance and where the price found Support after the January 14 top.
Projection:
- This appears to be a cyclical pattern for BSV. Golden Cross marking the top of a bullish leg and then progressive decline first towards the 0.500 Fibonacci and then a bottom on the 0.786 level. If however the 457.500 Resistance breaks, then this pattern is void and we can see new highs.
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