I just shared an analysis for Bitcoin Cash SV vs Tether (BCHSVUSDT) reading the latest signals. The charts for the BTC pair (BCHSVBTC) are looking almost identical, so it is easy for me to say that BCHSVBTC has completed its retrace and can now move up.
Some conditions still apply as to retraces, stop loss and change of trend. So please read the BCHSVUSDT analysis if you are interested in the details.
In the meantime, here is a trade for this part...
Trade: Bitcoin Cash SV (BCHSVBTC)
BUY: Up to 0.0197
TARGETS:
(1) 0.0210 (2) 0.0235 (3) 0.0250 (4) 0.0276
STOP: Close daily candle below 0.0170.
Remember to hit LIKE if you enjoy this trade.
Namaste.
Note
Update: Buy in up to 0.0190.
Trade active
Trade closed: stop reached
Trade closed.
Bullish divergence is building up on the daily time frame, this will lead to a bounce soon:
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