BSVXBT could give a very good entry point in the short term if the market turns bullish again. We are at the lowest support level but long term support is still holding for now. The RSI of yesterday's dip has been the lowest EVER which could indicate a long term bottom.
On the fundamental side we have a lot of innovation going on in the BSV ecosystem and also a...
A Support / Resistance swing trade with great risk / reward.
Conservative: 1/14 risk/reward, bigger stop loss, smaller target
Aggressive: 1/61 risk/reward, smaller stop loss, bigger target.
Duration: Days to Weeks. Be patient.
Good luck everyone, let's hope support holds, and don't risk too much! I usually stick with 0.5%.
Enter the trade, set the stop Loss...
Bitcoin Cash SV (BSVUSD) Seems to have completed its retrace.
You can see the support/demand zone in yellow. This area can be used as support if price breaks down.
If this area holds as support, you can expect a bounce up, but if it breaks you can expect the price to continue going down. For this reason, we use a candlestick close below this area as our stop...
One of our great supporters asked me to take a look at the BSVUSD chart.
We already have an analysis with targets for BCHSVBTC. You can find it here:
BSVUSD Chart Analysis
We are looking at the 4H Time Frame, which means that each candlestick...
It will continue to drop some but we are closer to the end of this downtrend than to beginning. Wait for a consolidation and accumulation buying and a break of the channel to buy. I will let you know when its a good time to buy.
Bitcoin cash SV has been on a steady decline for a few weeks now
We are currently sitting at the bottom of the support OB and we need to see a bounce ASAP or we could dump down to the next demand zone
We are currently on a descending price channel and have been riding along the top with no break above.
EMAs have crossed over bearish and with BTC on the...
From the 2011 BTC bottom, there was 24 months of growth until the January 2014 peak, followed by a 13 ½ month bear market correction, a length of time 43.75% shorter than the growth period. After it bottomed out, there was meager/slow growth for ten months, swinging may be $150 in price at most. January 2015 marked the steady increase in growth that ended in...
BSV/BTC broke previous high on all exchanges, exept Binance. If support holds, an impulsive Elliott Wave has a good chance to play out.
This is my own opinion, not a financial advice
Feel free to comment any thoughts you may have. If you agree with this, give it a like
it all hinges on volume and fundamental events.... if coinbase unlocks their user base BSV and opens a market - - - all analysis here is out the window, because it can moon or collapse
BSV remains in a bullish cycle until the trend breaks
Some fib targets, if we can break 0.035 resistance. BSV is still in an uptrend on the hourly-daily charts, so there is a possibility.
This is not trade advice, just my own opinions.
Share your thoughts in the comments
The crypto market wont have another bull run like 2017, it will have a bull run but it won't be nearly as strong, then the lows will be worst, we are going to see lower highs and lower lows, until most shit coins including this one, bitcoin core which was ruined by blockstream and others, and is no longer bitcoin, will go to zero. Bitcoin Satoshi Vision is the...
I actually did not want to make an analysis on these 2 but since many people have asked me to i will give it a try. The reasons i did not want to do it myself is very simple, there is not enough data to analyse these 2, only 3 weeks of data. But i will give it a try. My second reason is, i honestly do not even want to waste my time or energy on something that is...
It looks like decision time is fast approaching for Bitcoin SV.
You either get better or you get worse - you never stay the same (for long) so with that being said we see the levels at 0.02 - 0.031 - 0.039 accordingly.
Interesting times in the market indeed!
Stay cryptic yall,