Double Bottom and Breakout/Retest.
BSV / Dollar BITFINEX:BSVUSD
Buying the bottom in the green box worked out very well, and BSV is outperforming BTC slightly in this run over the last 2 weeks. Bullish breakouts continue. The only concern is daily RSI is higher than it’s been in a year, so we may be nearing the top of a local push. There will likely be a refueling buy opportunity over the next 2 weeks, and then we see whether this was a bull trap, or the buy opportunity of a lifetime at $76.00
Time will tell.
