Nappi-Trade

BSV/USD - BIRDS EYE VIEW

Long
BITFINEX:BSVUSD   None
This is a a birds eye view look at Bitcoin BSV. We can see a clean pattern (channel). it looks like you get a month of high upward price action followed with several months of retracements within the channel. it looks like we are in that month of high upward price action. one thing to note is that the channel was formed during a bear market which means that price may deviate away from this for prices to get back to all time high.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.