Bitcoin SV (BSV): Expecting Price To Fall To Local Support | MSB
BSV has been moving in a clear decline after that fake breakout above the EMAs. That move failed quickly and sellers stepped in straight after, which is why price has been pushing lower since then.
Because of that, we are expecting price to continue sliding toward the local bottom zone. That area is where we would actually start paying attention for longs, not before.
Once price reaches that zone, the only thing that matters for us is a proper market structure break followed by a confirmation retest. If that happens, it would confirm a reversal play. Until then, nothing to do here and no reason to force trades.
Swallow Academy
Because of that, we are expecting price to continue sliding toward the local bottom zone. That area is where we would actually start paying attention for longs, not before.
Once price reaches that zone, the only thing that matters for us is a proper market structure break followed by a confirmation retest. If that happens, it would confirm a reversal play. Until then, nothing to do here and no reason to force trades.
Swallow Academy
עסקה סגורה: היעד הושג
💎 Telegram:
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
💎 Telegram:
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.