One fork of Bitcoin Cash (yes, the fork of the bitcoin fork...), named - pompously? - Bitcoin Satoshi Vision, is more than ever in a bad position.
After having benefited from a breakout bullish out of his Falling Wedge as I show on my chart, the party seems to be over!
BSV has just been delisted by one of the heavyweights of exchange platforms, namely BINANCE.
Other exchanges follow suit: notably Shapeshift.
Also KRAKEN has just done a survey for, yes or no, to delist BSV of its platform. And the votes would be in favor of delisting.
The fundamentals and the decision without appeal of these exchanges being in total disfavor of BSV, the technical analysis not coming either to the aid of this so much decried Fork, it seems to me that the current Dump will continue these next days and that it would not be prudent at all to invest in this Altcoin.
After having benefited from a breakout bullish out of his Falling Wedge as I show on my chart, the party seems to be over!
BSV has just been delisted by one of the heavyweights of exchange platforms, namely BINANCE.
Other exchanges follow suit: notably Shapeshift.
Also KRAKEN has just done a survey for, yes or no, to delist BSV of its platform. And the votes would be in favor of delisting.
The fundamentals and the decision without appeal of these exchanges being in total disfavor of BSV, the technical analysis not coming either to the aid of this so much decried Fork, it seems to me that the current Dump will continue these next days and that it would not be prudent at all to invest in this Altcoin.
Handel aktiv:
Reduced Timeframe Analysis :
Descending Triangle with bearish target
Descending Triangle with bearish target
Trade stängt: målet nått:
Boom!
72% "Yes, it's toxic"
4% "No, need price decovery"
3% "No, it's awesome"
21% "don't care (see results)"