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Bitcoin Cash SV vs Tether (USDT) & Bitcoin (BTC) Bearish-Bullish

By AlanSantana
Updated
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Bitcoin’ Cash SV’ (BCHSVUSDT’) is looking bearish on the chart.


  • - Unless you see a break and close above the purple channel trendline, you can expect sideways to bearish action.
    - Fib. levels show where we can find resistance and support.


Bitcoin’ Cash SV (BCHSVBTC’) needs more time for the charts to develop.

  • It is currently consolidating.
  • Can do another wave but can also break down.
  • Red trendline needs to be broken to move up.
  • Support marked on chart, if broken it will go lower.


Our BCHSVBTC’ alert (before): snapshot

(after): snapshot
(+295%)

Note: This information is for learning and entertainment purposes only. This is no trade advice.

Thanks a lot for the continued support... Truly appreciated.

Namaste.
Comment
Bitcoin Cash SV (BCHSVUSDT)
snapshot
Comment
BCHSVUSDT update:

snapshot

- Closed below EMA50.
- If 0.618 Fib. level does not hold, expect strong down.
Comment
A descending triangle is bearish in nature and we are trading below EMA10: snapshot

The daily is also looking bearish, if the brown lines on the chart are broken, then the price can drop fast. But if it holds, it can consolidate and try back up.

snapshot
Comment
We are taking the sideways (blue) route for BCHSVBTC and BCHSVUSDT.
Comment
Sideways continues for BCHSVBTC.

Sideways within as descending channel for BCHSVUSDT: snapshot
Comment
We are looking at a double top for BCHSVBTC. If the last peak can be broken, BCHSVBTC has the chance to continue moving up. If it isn't, it will retrace and start to move down.

Here is the chart: snapshot

The price isn't increasing as much against Tether (BCHSVUSDT). Volume is way lower than before. The last high needs to be broken for BCHSVUSDT to continue moving up.

4H chart: snapshot

1D chart: snapshot
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BCHSVBTC: snapshot

BCHSVUSDT: snapshot
Comment
The decline continues, it might find support soon (BCHSVUSDT): snapshot

Against BTC, support is being challenged, if it breaks and closes below it will produce more RED.

(BCHSVUSDT)
snapshot
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