Bitcoin Cash SV (BCHSV) Bounces Off Support
Updated
Bitcoin Cash SV (BCHSVBTC) Is Bouncing Off Support. Here are the signals that I am seeing right now:
I was expecting a move from BCHSV as I had a trade opened for it and I mentioned that it was highly manipulated... Well, the price bounced right after activating our stop loss so I opened a new one.
The buy-in right now is lower than the earlier trade so you end up earning more on the way up and with more tokens. So even if you were on this trade and got stopped out, you can buy all back and profit more on the way up, as the buy-in is lower.
All details are on the chart.
Thanks a lot for your support.
Namaste.
- Trading above EMA10 after a strong bounce.
- Bullish engulfing pattern (daily candle must close above 0.01677 for this signal to be confirmed).
- RSI trending up with momentum.
- MACD bullish crossover.
- Increasing volume/volume breakout.
I was expecting a move from BCHSV as I had a trade opened for it and I mentioned that it was highly manipulated... Well, the price bounced right after activating our stop loss so I opened a new one.
The buy-in right now is lower than the earlier trade so you end up earning more on the way up and with more tokens. So even if you were on this trade and got stopped out, you can buy all back and profit more on the way up, as the buy-in is lower.
All details are on the chart.
Thanks a lot for your support.
Namaste.
Comment
Trade: Bitcoin Cash SV (BCHSVBTC)BUY: 0.0169 – 0.0173
TARGETS:
(1) 0.0188 -Reached 26-Feb. (9.9%)
(2) 0.0201 -Next target.
(3) 0.0211
(4) 0.0235
(5) 0.0252
STOP: Close weekly candle below 0.0159.
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