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BSVUSDT trade ideas

BSVUSDT Forming Bullish BreakoutBSVUSDT is currently showing a promising setup that could attract a lot of attention from crypto traders in the coming weeks. The chart displays a clear descending channel, which often acts as a continuation or reversal pattern depending on the breakout direction. The recent price action near the lower trendline, combined with strong volume, suggests that BSVUSDT might be preparing for a bullish breakout that could see significant upside momentum. With an expected gain projection of 90% to 100%+, this pair offers an attractive risk-to-reward ratio for swing traders and position holders alike. The buying interest around these levels indicates that investors are accumulating, betting on a strong reversal as the broader market sentiment stabilizes. If the price can break and close above the channel’s resistance trendline, it would confirm the pattern and potentially trigger a wave of buying pressure. This setup is further supported by the overall improvement in market conditions, where traders are increasingly looking for altcoins with technical breakouts and solid fundamentals. BSV’s community and network upgrades continue to spark discussions, which could help sustain momentum after the breakout. Keeping an eye on volume spikes and key support levels will be essential to manage the trade effectively. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is You opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!
Long
by Alpha-GoldFX
Bitcoin SV (BSV): Expecting Sideways Movement + BreakoutBSV has formed a triangle pattern where the price has been bouncing in from one side to another, preparing itself for a breakout from this pattern. We are looking for further movement in the sideways channel, where at one point we will be looking for a breakout from the triangle pattern, where then we will be looking for slight upward movement. But keep in mind, if we see the price break the local support zone, then we might be seeing a steep movement to $30.50. Swallow Academy
Long
by SwallowAcademy
7
#BSVUSDT #1D (ByBit) Falling wedge breakoutBitcoin Satoshi Vision is pulling back to 100EMA daily support where it seems likely to bounce and resume bullish, mid-term. ⚡️⚡️ #BSV/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (2.0X) Amount: 4.5% Entry Targets: 1) 38.05 Take-Profit Targets: 1) 63.54 Stop Targets: 1) 29.54 Published By: @Zblaba AMEX:BSV BYBIT:BSVUSDT.P #BitcoinSatoshiVision #PoW Risk/Reward= 1:3.0 Expected Profit= +134.0% Possible Loss= -44.7% Estimated Gain-time= 2 months
Long
by TradingOn
2
BSV Rebuy Setup (12H)Since we placed the green arrow on the chart, it seems that the BSV correction has started. This correction was a butterfly diametric pattern that has now completed. From the point where we placed the green arrow, the bullish phase of BSV appears to have begun, which should have at least 3 waves. It seems the first wave is complete, and we are currently in the second corrective wave. We are looking for buy/long positions around the green zone to form wave C of the new bullish phase. A daily candle closing below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
B
by behdark
1
Breaking: $BSV Spike 38% Today Amidst Breaking out of A Pennant The price of Bitcoin forked token called Bitcoin SV ticker name ( AMEX:BSV ), saw a notable uptick of about 38% today amidst breaking out of a falling wedge with current market metrics hinting at another leg up. What Is BSV? Bitcoin SV (BSV) emerged following a hard fork of the Bitcoin Cash (BCH) blockchain in 2018, which had in turn forked from the BTC blockchain a year earlier following the blocksize wars. BSV claims to fulfill the original vision of the Bitcoin protocol and design as described in Satoshi Nakamoto’s white paper, early Bitcoin client software and known Satoshi writings. BSV aims to offer scalability and stability in line with the original description of Bitcoin as a peer-to-peer electronic cash system, as well as deliver a distributed data network that can support enterprise-level advanced blockchain applications. Technical Outlook Since April high of 2021, that saw the asset deliver a stunning 826% in gains, the asset quickly retraced losing about 94% of market value for over 4 years now. The rise in price today is integral for AMEX:BSV in order to bring back life to the project as the altcoin has been mute lately with no on chain development or ecosystem growth. However, present market metrics shows we might experience a brief respite before another leg-up as the asset is oversold as hinted by the RSI at 92. Our next support is the $40- $37 zone.
Long
by DEXWireNews
Bitcoin SV's Path To A New All-Time High Starts NowBitcoin SV's previous bull-market lasted 721 days. The bottom low happened in April 2019. We have an interesting chart here and we are seeing the start of the of a new bullish cycle that will end up, most likely, producing a new All-Time High for this trading pair and Cryptocurrency project. BSV peaked early in 2021 —April. Naturally, after a bull-market comes a bear-market. Just as new ATHs are hit within a bull-market, new ATLs can be hit within a bear-market, and this was the case for BSVUSDT. In May 2022, the market bottom low from April 2019, the start of the previous bull-market, was challenged. In October 2022, this long-term support level broke and BSVUSDT produced a new All-Time Low (June 2023). Now, I am mentioning this only because of the bullish implications that arise when the action moves back above this level. In December 2023, BSV managed to conquer this once support level turned resistance, and we entered the bullish zone. The initial breakout was corrected in early through mid-2024. The correction ended as a higher low compared to the ATL in 2023. Present day. BSVUSDT is back in the bullish zone, right before massive bullish action. The action is happening above the April 2019 low, safely, the weekly session with a long lower wick and full green on the body. This simply means in candlestick reading terms that the market is ultra-bullish and ready to boom any day. We are talking about days, literally, before a major rise develops. The rise can last several months, an entire year or more. Too early to say how the broader bull-market dynamic will develop for this pair. This is a friendly reminder. The best ever possible entry timing. A new ATH in 2025 can hit around $800. This would give us around 12X total growth potential. If the market becomes extremely bullish, then $1,290 opens up as a possibility for the next market peak. We are going with the conservative target though. This higher ATH projection yields 20X. We are concerned here with great entry timing; great prices. Once the entry is done when prices are low, the market can take care of the rest. Imagine holding this pair when it trades at $500 and you bought at $48, or $64... Wouldn't that be amazing? You can decide later down the road how to take profits. It is much more simple now, buy and hold. It is still early, but it won't be early for long. The market is about to go wild. Thanks a lot for your support. Namaste.
BLong
by MasterAnanda
2