BSVUSD Play:
2 potential plays are developing:
(1) Buy on the break of resistance above 340, Sell on the breakdown below 280 (shown in green and red arrows). Targets above and below shown in the chart. Wait for confirmation with BTCUSD chart, always play along. If BTCUSD chart does not follow thru, then scrap plans.
(2) Reversal - (shown in blue arrows, my preferred plays). Wait until play (1) develops, and enter for reversal with targets on the broken resistance and supports
2 potential plays are developing:
(1) Buy on the break of resistance above 340, Sell on the breakdown below 280 (shown in green and red arrows). Targets above and below shown in the chart. Wait for confirmation with BTCUSD chart, always play along. If BTCUSD chart does not follow thru, then scrap plans.
(2) Reversal - (shown in blue arrows, my preferred plays). Wait until play (1) develops, and enter for reversal with targets on the broken resistance and supports
Yorum:
Took a little while, reversal (2) played out beautifully