botje11

BSV BCH Broke support but not dropping?

BITFINEX:BSVUSD   None
It broke the support line a few days ago, but it has not really dropped since. On the right we can also see a bullish wedge. But what sticks out, is the high volume the past few hours. Like some are accumulating at this level. There is a zone between the green and red area. Assuming the wedge is real and we break up, the target is around the yellow circle.



Previous analysis.


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.