BSV is a hardfork of BTC worth looking at based on fundamentals and real-world use.
BSV is the native cryptocurrency of Bitcoin Satoshi's Vision (BSV), sometimes called Bitcoin SV: a blockchain created in 2018 after a hard fork from the Bitcoin Cash blockchain, which in turn was a hard fork of the original Bitcoin blockchain.
Bitcoin networks can only process...
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...
Bitcoin SV is a hard fork of the Bitcoin Cash (BCH) blockchain; thus, BSV follows the shadow of both Bitcoin and Bitcoin Cash! Recently, BSV broke the downtrend curved line, and it seems an impulse upward wave might have started. Let's see what happens.
P.S. Take this into mind: BSV movements are very noisy, and big shadows can occur.
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...
Forked cryptocurrencies, which emerge as a result of splitting from the original blockchain, often face an uphill battle to establish themselves as valuable and distinct entities. One of the primary concerns is that forks are perceived as redundant copies of the original blockchain, lacking the same level of innovation, utility, and market demand. This perception...
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...
🌤️ Good news for Bitcoin investors! Based on the past hour's data, the weather in the Bitcoin world looks sunny ☀️. The cryptocurrency's price opened at 26302 and reached a high of 26387, with a low of 26254. This suggests a stable and positive trend in the market. The trading volume is also relatively high, indicating strong investor interest.
📈 Additionally,...
🌞 Bitcoin Weather Report 🌞
The Bitcoin chart index for the past hour shows promising signs, indicating a sunny forecast for the Bitcoin world! ☀️🚀
Let's take a look at the key indicators:
- Open: 27111
- High: 27216
- Low: 27033
- Volume: 27670
- Close: 27166
The Bitcoin market has experienced relatively stable trading activity within this hour, with a slight...
🌤️ Good news for Bitcoin investors!
Based on the past hour's chart index, I predict sunny weather ☀️ in the Bitcoin world.
The Open price was at 27557, and the Close price rose to 27569, indicating a bullish trend 📈.
Additionally, the ema9 and ema21 are in a positive direction, and the ema50, ema100, and ema200 are all showing upward trends. This suggests a...
We know how the whole Bitcoin Cash is going to take over Bitcoin sage ended... We don't know who owns what, whos winning or whos losing.
We support cryptocurrency, we like the concept, the idea, the innovation, the freedom it gives and also the alternative that it is.
More cryptocurrencies is better for us.
More Altcoins is good for us, for the end-user, those...
Bitcoin SV (BSVBTC) is likely to have completed its correction based on the volume profile.
We can see high volume on the "B wave" while volume is much lower on "C wave".
The fact that BSVBTC dropped by 97% and there is a strong long-term bullish divergence with the RSI also supports our statement above...
Only time wil tell of course.
We have a short-term...
What is up Trading-View! Welcome to a very key and very hidden BitcoinSV fractal.
IF you want to change your life forever PAY ATTENTION to this fractal.
Fractals are extremely powerful, Technically speaking both Elliott Waves, and Market Cycles only occur because of the fractal psychology inherent in human behavior.
Correctly understand fractals and you...
