Could that be a half way pattern determined by a giant bull flag ? Could BSV reach a QUARTER OF A BITCOIN ? Sure ! (it's way superior tech)
Target of descending triangle 432 USD reached. I did not publish this prediction since it seamed unreal to me. This could very well go on for some time ! 0.1 BTC could be in the cards in the near future (it's much better tech).
BSV BSV has recently seen a massive surge up past $230 for a triple top at this zone. Each previous time, this was a strong rejection point. Its possible, BTC shoots to 9k and we do see an overextension of BSV. But successful traders look for high probability plays. In this situation, BSV is at a known rejection point and already overextended on daily RSI. RSI...
BSV will go up or down. We have to wait to see when it will break up or down. I will go to trade when it will break the second support or resistant line.
BITFINEX:BSVUSD remains a STRONG BUY. Please see previous BITFINEX:BSVUSD for further analysis. Long story short, COINBASE:BTCUSD was compromised by two competing factions of crypto engineers. The factions working on the protocol BITSTAMP:BTCUSD couldn't come to an agreement on how to scale COINBASE:BTCUSD . The disagreement led to COINBASE:BTCUSD ...
Price is actually backtesting long term support line. RSI is cooling off a little. Volume and on balance volume are showing that there is still room for higher prices. All time high is not that far away.... If we make new all time highs then there will be a true price discovery !! That will be interesting to say the least !
After finding heavy support in the $80 region, Bitcoin has surged nearly 100% and is on path to retest the resistance cluster at ~$250, painting a potential ascending triangle. Possible retrace to $115-$125 is in the picture in the coming days, which could provide a good entry for the retest of $250. The current setup is bullish, with invalidation being a HTF...
Anyone in the BSV/USD(t) trade needs to take a look at the chart and reassess. I had sells between $145 and $150, and I'll be looking to refill based on what happens over the next 24-48 hours. With such a strong move up, and plenty of room to breathe on RSI, I'll be looking for another big pump before we start the real trickle down. Next resistance is around...
Price came down to backtest the breakout point of the wedge. 21 and 77 MA offer support right above support. BSV is ready to continue it's rise... Actually it is looking as one of the strongest coins relative to BTC right now !!!
Mc Afee drops the Segwit Bitcoin !! Could that be the moment where the King will be dethroned ?? However it may be ... BSV is showing impressive strength relative to Segwit Bitcoin !!
PESAVENTO GARTLEY 786 pattern
Upgrade is proposed for Feb 4th, 2020 and is planned to include a set of protocol restoration changes that represent an almost complete return to the original protocol of Bitcoin and as such we have decided to give it the code name “Genesis”. The proposed date is 11 years, 1 month and 1 day after the original Genesis block and this upgrade represents the return...
REAL Adoption happens this decade. Bitcoin usage will continue to grow.
Projects that strive for anonymity are removed from exchanges. Do you know what path BTC follows? Do you know why the BTC community calls Bitcoin SV a scam? Is BTC legal? Does it fulfill the assumptions of the creation of Bitcoin from the White Paper? Bitcoin was to be a global public financial system. There was no mention of anonymity. The system was to be...
BSV/USD still has more bearish momentum than bullish. RSI is slightly bullish, but the overall pattern is a long, descending triangle, and the weekly looks to be close to closing red coming into resistance. BTC/USD is also bearish with longs still above previous ATH, so a rational margin trader would be short on USD pairs. A conservative trader would be largely...
BSV is in a descending triangle pattern on the weekly chart. The coin tends to respect basic, horizontal support and resistance, so I intend to swing trade this chart for accumulation over the next several months. A margin trader might be looking to short on any bounce up coming into the end of the descending triangle pattern. The other thing to consider is...
BUY: 89.581-93.00 SELL: 98.973, 101.476, 107.423, max: 133.985