THIS IS NOT FINANCIAL ADVICE
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
BSV is now above the resistance at $350.00; sitting ontop of the ascending triangle it was trading in for awhile. It now is gaining momentum against USD, BTC, and ETH. From my analysis, I will depict $500.00 as the major technical breakout point and psychological breakout point as well. We pinbarred from 490 weeks back, but now BSV is gaining technical and social traction.
FUNDAMENTALLY
Some claim BSV is the actually BTC . I am not here to tell you whether it is or isn't. I have no opinion on that. I buy what works well and what has liquidity or future liquidity.
PAST BSV IDEA
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
BSV is now above the resistance at $350.00; sitting ontop of the ascending triangle it was trading in for awhile. It now is gaining momentum against USD, BTC, and ETH. From my analysis, I will depict $500.00 as the major technical breakout point and psychological breakout point as well. We pinbarred from 490 weeks back, but now BSV is gaining technical and social traction.
FUNDAMENTALLY
Some claim BSV is the actually BTC . I am not here to tell you whether it is or isn't. I have no opinion on that. I buy what works well and what has liquidity or future liquidity.
PAST BSV IDEA
