Forked cryptocurrencies, which emerge as a result of splitting from the original blockchain, often face an uphill battle to establish themselves as valuable and distinct entities. One of the primary concerns is that forks are perceived as redundant copies of the original blockchain, lacking the same level of innovation, utility, and market demand. This perception...
BVS has plummeted hard but seems it has found support on the trendline. I think it is a good support level and price is currently consolidating. I expect price to bounce and start its upswing soon. We should also note that BVS rocketed in early May 2021, and broke its downtrend and has been making higher highs and higher lows. Lets see how it develops. Please...
ENTRY: 3.35 SL: 3.08 TP1: 3.50 TP2: 3.73 - ADX>20 - RSI<50,RSI<70 - Daily RS +ve - Daily FFI +ve - Daily MACD +ve - Weekly RS -ve - Weekly FFI +ve - Weekly MACD +ve - Breakout of downtrend since Apr 2021 indicating trend reversal and retraced from high (3.85) - Possible hidden buying on 28 Jun 2021 (long tail wick with high volume) and 19 to 21 Jul 2021 (small...
BVS looks strong after its break of the downtrend line with High Volume. The recent price action confirms that the bearish trend has come to an end. Currently it is pulling back and I have two Buy Zones where I will wait for bullish price action to take a long position. My 1st Buy Zone is near the 200SMA around $3.10 - $3.20 region and the second Buy Zone is...
Looks to be a bullish ascending triangle formation in the BVS chart. High probabilty trade on the back of the possible macro changes in the Superannuation sector. Waiting for the break out with bullish candle confirmation
Heres my trade setup long $BVS Bravura (ASX) on Friday. Not financial advice.