From the chart: BSV is in a downward movement. What we have seen so far is a natural pull back after an extensive drop.
I think we should soon test 180-200 region before heading more down toward previous lows ($65-$75 region). That would be a great opportunity to buy back and come in.
I'm trading in a 4h time frame and so far it nicely held 21 moving average ($68). Keep in mind that we had a 100 and 21 moving averages crossed some days ago that is a short time bullish sign.
This is just my opinion, not a trading advise!
Trade Wisely, Always Use Stop Loss & Stay Safe!!
I think we should soon test 180-200 region before heading more down toward previous lows ($65-$75 region). That would be a great opportunity to buy back and come in.
I'm trading in a 4h time frame and so far it nicely held 21 moving average ($68). Keep in mind that we had a 100 and 21 moving averages crossed some days ago that is a short time bullish sign.
This is just my opinion, not a trading advise!
Trade Wisely, Always Use Stop Loss & Stay Safe!!