Description
⋅ Bitcoin Cash SV (BCHSVBTC) might bounce... Here is why.
Looking at its price, it has reached a strong support. The last time this support was tested BCHSV had a strong wave up.
So this scenario can easily repeat itself:
- We have the RSI oversold, which also happened back in mid Dec.
- Slow steady decline...
- The only part missing is a big volume breakout...
- We will wait for the signal...
Note: This is not trade advice.
Thanks a lot for reading.
Remember to hit LIKE!
Namaste. Trade active
⋅ Targets on chart (purple lines).
(1) Target hit @0.0226 Comment
⋅ Comment
⋅ Trade: Bitcoin Cash SV (BCHSVBTC)
BUY: 0.0200 - 0.0210
TARGET:
(1) 0.0226 -Reached 11-Jan. (+10%)
(2) 0.0230 -Reached 11-Jan. (+12%)
(3) 0.0238 -Reached 13-Jan. (+16%)
(4) 0.0245 -Reached 13-Jan. (+19%)
STOP: Close daily below 0.0200.
You can expect additional bullish action from this one. Targets on chart.