Bitcoin SV (BSV) Long-term Price Analysis – December 15

2018-12-15 12:11

BSV/USD Long-term Trend – Bearish

Distribution territories: $100, $150, $200
Accumulation territories: $60, $50, $40

From the chart reading, the BSV/USD market has been seeing more of downwards than upwards in its price valuation movements since December 8 until the present time. Going by that assertion, the 14-day SMA’s sell signal line has made a visible confirmation of that to stand especially while the lower range band was breached southwards.

On Dec. 10, the 50-day SMA was intercepted from the top by the 14-day SMA. The market has again touched a lower mark as obtained previously on December 5. Currently, the market has been trading around $70 market territory below the 14-day SMA. The 50-day SMA is located above the 14-day SMA. The Stochastic Oscillators have dipped into the oversold zone to slightly pointing north below range 20.

The BSV/USD market appears to keep surging up to test around the 14-day SMA’s trend-line location before losing out the momentum to bears. The territory of $70 now seemingly acts as an immediate foundation for any possible emergence of a bullish trend currently in the market.

 

 

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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Bitcoin SV (BSV) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $30.26
Капитализация $0 Rank 99999
Цена в час новости $ 69.08 (-100%)

bsv usd territories december price long-term until

Источник: bitcoinexchangeguide.com

bsv usd → Результатов: 13


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