The $BSV chart is beginning to look like a giant ascending …

Twetch ·

The $BSV chart is beginning to look like a giant ascending triangle. If this plays out, we can expect a retest of the $250 resistance cluster, followed by a retrace to as low as $150 before potential new highs.

https://www.tradingview.com/x/0JGDmmUX/

Replies

Twetch ·

Invalidation of this idea would be a HTF close below the green diagonal support line, with prime entry being another successful retest of it - ideally after the top of the triangle has been revisited (should the market provide us with such an opportunity)