Waiting for a trend change in the BSV/BTC trading pair.

Hello, gentlemen..

As I wrote in previous posts, we will have a fairly long lateral movement on BTC. Against this background, one of the basic forks of bitcoin BCH has already begun to show positive dynamics. In the near future, judging by the stock charts, growth is expected on the trading pair BSV / BTC.

"Bitfinex", timeframe 1 day.

Lines 1 and 2 are the main support and resistance lines.
Pattern 3, marked in yellow, "Falling expanding wedge". This pattern has informed us of an impending trend change. Apparently that time has come. Now the price BSV is almost close to the support line 1 (0.016 BTC). Over the next few days, I expect the price to rebound from this line with a simultaneous breakout of the upper limit of the pattern. The growth of prices will probably be limited to the powerful line of resistance 2. Most likely, within a few days there will be a price correction along this line, followed by a breakdown upward. After that, there will be no hindrance to the growth of the token price, except for the movement of the bitcoin price.

According to my predictions, the current price of a token BSV at the level of 0.016 BTC becomes very attractive.

Good luck!

The @upvoteinvest team

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