Bitcoin SV -priis brekt $ 185 -nivo op, $ 233 rjochte

Azeez Mustapha

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Priisanalyse fan Bitcoin SV - 06 septimber

The price is currently increasing towards $233 level which may be broken up when the bulls increase their momentum, further increase may push it to $266 and $311 levels. In case bears interrupt the price, it may reduce to the support level of $185 and it may continue to the support level of $148 and $101.

Key Levels:

Fersetsnivo's: $ 233, $ 266, $ 311

Stypjenivo's: $ 185, $ 148, $ 101

BSV / USD Trend op lange termyn: Bullish

Bitcoin SV is bullish on the daily chart. The Bitcoin SV found support at the support level of $101 on July 20. A bullish engulfing candle formed at the same level triggers a bullish movement. The price increases and broke up the resistance level of $148. The resistance level of $185 was broken up and exposes to the resistance level of $233.

Bitcoin SV Daily chart, 06 septimber

The fast moving EMA has cross above the slow moving EMA and Bitcoin SV is trading above the 9 periods EMA and 21 periods EMA on the daily chart as a sign of bullish trend. The price is currently increasing towards $233 level which may be broken up when the bulls increase their momentum, further increase may push it to $266 and $311 levels. In case bears interrupt the price, it may reduce to the support level of $185 and it may continue to the support level of $148 and $101. The Relative Strength Index (14) is at 70 levels with the signal line pointing up to indicate buy signal.

BSV / USD Trend op middellange termyn: Bullish

Bitcoin SV is bullish on the 4 hour chart. The bulls further gained more pressure and the price increases towards the resistance level of $148. It was penetrated and turned to support level. At the moment, the price is trading above the resistance level of $185.

Bitcoin SV 4 oere grafyk, 06 septimber

The coin is trading above the 9 periods EMA and 21 periods EMA as the Bulls’ pressure is steadily increasing. The relative strength period 14 is above 70 levels displaying a bullish signal.

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Azeez Mustapha

Azeez Mustapha is in hannelsprofessor, faluta -analyst, sinjalenstrategist, en fûnsbehearder mei mear dan tsien jier ûnderfining op finansjeel mêd. As blogger en auteur foar finânsjes helpt hy ynvestearders komplekse finansjele konsepten te begripen, har ynvestearingsfeardigens te ferbetterjen en te learen hoe't se har jild kinne behearje.

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