Bitcoin SV (BSVBTC) looks ready to continue growing... We have a very strong signal that reaches confirmation in less than 1 hour... Let's take a look.
What you see on the yellow circle is a "fake breakdown".
See how EMA50 (magenta) and EMA100 (blue) were broken (prices moved below) but BSVBTC quickly bounced and moved back up.
We can notice that the trading volume is above-average for this move, supporting its validity as well as the fact that the price moved above EMA10. Daily candle close is needed for the confirmation of this signal.
You can find additional details on the chart with potential scenarios (green and red arrows).
Thanks a lot for reading.
Namaste.
What you see on the yellow circle is a "fake breakdown".
See how EMA50 (magenta) and EMA100 (blue) were broken (prices moved below) but BSVBTC quickly bounced and moved back up.
We can notice that the trading volume is above-average for this move, supporting its validity as well as the fact that the price moved above EMA10. Daily candle close is needed for the confirmation of this signal.
You can find additional details on the chart with potential scenarios (green and red arrows).
Thanks a lot for reading.
Namaste.
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🚨 Free PREMIUM Trade-Numbers
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➖ If you now enjoy the content, please consider support below...
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