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BSV - USD chart
Steeve Fragnière has asked me my opinion on the BSV USD chart.
At first glance it looked awful.
However if you flip it to a regular (non log scale) it looks quite interesting !
Price is moving inside a broadening (megaphone) wedge pattern.
If BSV flips to bullish mode, which I think it will do, a reasonable short term price objective would be 700 USD.
There is a heavy volume by price resistance up to the 200 USD level. If it succeeds to get above 200 USD price could move dramatically.
At first glance it looked awful.
However if you flip it to a regular (non log scale) it looks quite interesting !
Price is moving inside a broadening (megaphone) wedge pattern.
If BSV flips to bullish mode, which I think it will do, a reasonable short term price objective would be 700 USD.
There is a heavy volume by price resistance up to the 200 USD level. If it succeeds to get above 200 USD price could move dramatically.
Operación activa
BSV has definitely BOTTOMED against the USD.
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.