BSV bottomed??!!5 years from now people will remember this time... best buying opportunity in crypto!!
BSV
Top pick 3/3 - BSVThis is my first post after the FOMC meeting (that could indeed be very meeningful for the digital asset sector - time will tell).
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I have already posted many times and explained why I was bullish on BSV.
I was early ... waaay early !! But I still think I will be proven right !
Since its ATH in january 2020 bitcoin sv has gone nothing than down down down, for almost 3 years.
Can it go much lower ? I seriously doubt it !
Note: please, if you disagree with me and would like to comment, please try to develop some serious arguments. Do not comment: "bsv is a shitcoin" or "Craigh Write is faketoshi" or "bsv is a scam". You would only expose your own ignorance on the subject and would not add any value to the discussion !
BSV is a very serious project. Otherwise a player like IBM would not be working with BSV in order to build descentralized applications for its clients.
This under-the-radar news has come out very recently.
BSV will likely shock a lot of people. It is the only globally scalable version of bitcoin.
On the technical side, the big long descending wedge that has formed for more than 900 days is coming to its apex.
RSI has had a very very low read on the 28th december 2020 (around the 20.15 mark) which has never been challenged again - positive divergeance - we are at 36.29 at the time writing.
The MACD is printing greeeeen for more than a year and has never turned red again !
What it implies is not only that bsv is looking bullish against btc, but it could have a bullish implication for the whole digital asset sphere.
Buying and Selling Area for BSV 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.
Double Bottom and Breakout/Retest.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 this was a bull trap, or the buy opportunity of a lifetime at $76.00
Time will tell.
WHY I DOUBLED DOWN ON BSVBSV 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 !!
1 Clear, strong divergeance on the RSI.
2 Historic Volatility contracting into a funnel ... this must resolve soon !!
3 My guess is the price will go to the upside
4 False break down out of the 3 year long bullish descending wedge - price has already jumped back into the wedge and is to soon break out on the other side !!
5 Bullish around the apex move !!
6 Altseason is starting - could favour tokens over Bitcoin
This has yet to be confirmed ! Not financial advice ! I only share the reason WHY I DOUBLED DOWN ON BSV !!
BSV is now my 3rd biggest position after XRP and XLM.
#bsv is aliveNot sure who is buying bsv and on what exchange. Not much exchanges trading BSV. Nevertheless, price seems to be breaking out.
Bitcoin BSV - Wyckoff AccumulationBitcoin 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.
BSV USDT LONG SWING | 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.
BSV - looking bearish on usdEven 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.
BSV - i t i s a l m o s t t i m e !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 ! ! !
BSV looks similar to AppleTechnically, 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 but one of the very few with an enormous risk/reward ratio. Obviously a breakout is not imminent and it could take years for reasonable prices. Only a catalyst from outside could move this crypto and we all know there is only one potential event that could make this coin break out.
BSV on the verge of supportBSV is close to the previous support, which has bounced back multiple times when the support is broken, could bring the price down to around $ 64. The first resistance, however, is $ 107.88. In the coming days, it is possible to try to exit the downward trend, but a lot depends on the behavior of BTC.
BSV might ripThis is mostly just a hopeful prediction. I am seeing a similar pattern to about a week ago and could see the takeoff coming soon.
BSV Looking ready to bounceBSV has broken out of the downward trend and is primed to move upward. It has been moving steadily down and finally hit what looks to be a floor. Pure speculation but it could be related to the mass inflow of usdt moving into exchanges that also sell bsv.
The Black Swan they dream byNO INVESTMENT ADVICE!
It could be more fast, or it cant even happen at all lol
happy trading.
BSVUSDT is the best choice to open a position todaymost of the tokens are going somehow exactly as bitcoin is going, so I analyse BTCUSDT chart first then I choose the token with more movement (based on the percent it has gone up or down) so today BSV is the best choice for higher gains
everything is on the chart, if the price comes below 146 I will open a short position after a pullback and if the price goes above 155 I will open a long position after a pullback.
My Bet is On the Downward movement based on my analyses.






















