BSV is BitCoin as described in the white paper.
FUNDAMENTALS:
*Thousands* of people building ON TOP OF the BitCoin protocol, bringing real world value.
MetaNet allows structured of data on top of BitCoin.
Assign value to data/information - Users can own their own data(bye bye facebook&google)
SPV(simple payment verification) is coming to BSV, which was...
Craig Wright is Satoshi Nakamoto, although many still believes Satoshi has not found yet. Bitcoin SV (BSV) is the coin in which Wright is involved.
I believe that Bitcoin SV is one of the altcoins which will survive, most of altcoins will die.
Technical analysis:
. BitcoinSV/Bitcoin is in a down trend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 24.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a...
The rate of Bitcoin SV has almost unchanged over the day. Its price has gone down by around 1%.
On the 4H chart, BSV is located within the Triangle pattern with a possible breakout downward. Such a movement is confirmed by the lines of MACD which are about to decrease.
Bitcoin SV is another loser today, as its rate has gone down by 0.68% over the day. However, the total losses per week make up more than 7%.
On the 4H chart, Bitcoin SV has been moving in the descending channel since July 23. At the moment, BSV is located sideways according to the lines of the MACD indicator. However, the nearest scenario is bearish as the trading...
i think over 80% bsv will go to 0.0111217 btc and then will continue:
1-if bsv break the suport line at 0.0111217 btc will go to 0.00037 btc ( i know that fall down with this speed will be inpossible but chart show)
2-if bsv hold 0.01112171 btc then i think will go to 0.05372
Even though the price of Bitcoin has dropped by 1% over the day, its rate has increased by around 65% since mid-July.
BSV/BTC 4-hour chart
(Alt: BSV/BTC chart by TradingView)
On the 4H chart, BSV has got out from the bearish wave and now moving toward the closest resistance at 0.018 BTC. The increasing trading volume confirms the upcoming bullish movement....
Bitcoin SV is showing better price movements than BCH, although its rate has reduced by around 1% over the last day.
On the 4H chart, BSV is trying to break the bullish trend and fix above 0.0140 BTC. In terms of the short-term scenario, the quotes might reach this resistance, however, Bitcoin SV is likely to go down afterward due to the low trading volume.
Potential support here for BSV/BTC. Very good Risk / Reward : 1 : 30. If you think the SL is too tight, you could just increase it, and still have a very good Risk : Reward.
Entry: 0.0215
SL: 0.0213
Exit: 0.0300
Set your Orders, and wait. Be patient.
Give me a like and you will receive updates from this trade, If our stop gets hit but structure isn't broken,...
BSV is showing signs of another strong vertical move upwards, continuing its "steps-up."
We just saw a falling wedge pattern retrace to the Golden Pocket, which is generally a bullish indicator.
There are indications that we are replaying a previous fractal, which was our last big move up. If this is the case, in the next few hours, we could see a big move...
BSV is still testing its major price points compared to BTC.
We're formulating a bullish falling wedge pattern that should resolve in the next few hours.
The best way to play this is to play the breakout. Get ready for bullish/bearish breakout, with a bias towards a bullish breakout because of the falling wedge pattern.
Don't get greedy. BSV is definitely a...
BSV is on shaky ground at the moment. 5 waves up. Look for a pull back down to the Golden Zone.
My short is in now and I'll be monitoring closely. Might pull the trigger before the Golden Zone.
Blue lines are my orders.
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