Looks kinda interesting. I took trade from link to bsv because I could've swap for 35%+ from link 3x long. I am kinda settled up, and it may look pretty similar but we shall see...
Bullish divergence / bounce out of multi-year support. BSV failed too many times, that's why I doubt it will go to the upside but I can take that risk with 35%+ in a day.
Link created reversed H&S at small time frame. We are going to retest upper line of trend line in the near future.
Fib retracment is placed at 40,1$ so I expect little sideways price action at this point.
We should be heading towards 60$ at the end of month/start of March with deeper correction towards 45$ before continuation to 465-765$ EO October/November.
BSV is the biggest trash if we are talking about price action in top 100, it failed to repeat it's cycles in October, it failed to bounce of double bottom on bsv/btc pair, it failed to follow January 2020 path to blow to the upside.
This crypto is dead and will remain dead. Do w/e you like blind "FuNdAmEnTaLs" people. We are here for money, not for fundamentals...
Welcome we are at the end of pretty big triangle which if broken to the upside will place us at just below 30$ mark. Take some profit at 28.3$ which is fib retracement level and wait for 30$.
When we reach 30$ (if btc behaves) we will probably go back to retest support line of ascending channel with later upwards momentum towards 40$ at the end of February
We are currently sitting on massive support with at least 50% potential based on 2 previous pump ups.
I expect little retracement from 31.5$ mark with further upside to 40$ and beyond at the end of February.
Welcome, I'd like just to tell you that it is deciding point for me. If we close below year support line drawn from 2019 low in december I am going all out of this project and not coming because I've wasted too much time on this.
On the other hand if we create recovery from this point and shoot resistance line with strong move and close above 193$ target...
Just a quick TA about what I think is about to happen soon.
Sorry for "non-professional" TA but I've never used Tradingview before and I thought imma give it a quick try
BSV/BTC is at 0,008 mark and I am certain it won't stay there long and this move will be quick as hell like BSV used to do.
I think it will still happen in 2020 if btc remains...