Singkat
BSV/USD Bearish
BSV/USD still has more bearish momentum than bullish. RSI is slightly bullish, but the overall pattern is a long, descending triangle, and the weekly looks to be close to closing red coming into resistance. BTC/USD is also bearish with longs still above previous ATH, so a rational margin trader would be short on USD pairs.
A conservative trader would be largely in a stable position. The other thing to consider is that weekends *tend* to be lower volume, and so do holiday weeks, so stagnation or bearish movement is more likely than usual too, given all the variables.
I drew out bear case in red, and bull case in green just to keep note of possibilities.
In the longer term, a bearish move now sets up a nice bullish divergence and potential for a bullish move for late January or early February which lines up nicely with the launch of Genesis and the CoinGeek Conference in London to celebrate the first blockchain without a hard-coded block size limit.
A conservative trader would be largely in a stable position. The other thing to consider is that weekends *tend* to be lower volume, and so do holiday weeks, so stagnation or bearish movement is more likely than usual too, given all the variables.
I drew out bear case in red, and bull case in green just to keep note of possibilities.
In the longer term, a bearish move now sets up a nice bullish divergence and potential for a bullish move for late January or early February which lines up nicely with the launch of Genesis and the CoinGeek Conference in London to celebrate the first blockchain without a hard-coded block size limit.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.