Bitcoin SV Chart Mapped (Support & Resistance Levels)
Here I am mapping the Bitcoin SV vs Bitcoin (BSVBTC) chart.
Conditions for change
If prices move below EMA100 (in blue) this set up can easily get invalidated, but if this comes to pass we are likely to see a bounce after the drop... Sellers are already exhausted and the RSI is really strong.
Namaste.
- Multiple resistance levels have been conquered giving the bulls here the upper hand.
- Prices can easily make a strong jump next (green arrow).
Conditions for change
If prices move below EMA100 (in blue) this set up can easily get invalidated, but if this comes to pass we are likely to see a bounce after the drop... Sellers are already exhausted and the RSI is really strong.
Namaste.
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