BSV (and of course BTC) are still accumulating within a flag pattern which is approaching its end. Break out soon. Sentiment is still fearful. Don't be surprised to see BTC drop to low 30s and pull BSV down again. Long term things are still positive. This is not financial advice.
Blue bar has formed on the Daily. Wait to see if there is enough energy to turn it Green. Green means Buy. Previous Green was a few days post the Covid Dump. Beware for more downside and volatility as previously mentioned but in general long from here looks promising. This is not financial advice.
Short term looks chaotic. BSV clings to the very edge of the long term ascending trend line. If BTC falls more, BSV could see a drastic drop even down to the 100 region. Long term BSV still looks incredibly positive. This is not financial advice.
- On the 4HR, Green Bars show potential for a long opportunity and/or quick gains before another drop. Awaiting 1D Green Bars for Long opportunity. - Hash Ribbons preparing to print a Blue Buy Circle. Risky time at present. This is not financial advice.