- Bitcoin cash SV has been on a steady decline for a few weeks now
- We are currently sitting at the bottom of the support OB and we need to see a bounce ASAP or we could dump down to the next demand zone
- We are currently on a descending price channel and have been riding along the top with no break above.
- EMAs have crossed over bearish and with BTC on the verge of breaking down from support, we could very well see a failure here and lower prices
- Next level down is very important to hold or else we could see a drop back down to 0.0150
- Bottom of the channel would put us below this OB indicating extremely bearish PA so something to watch as we approach this support zone
Thanks guys!