Daily price forecast for Bitcoin SV (BSV) – 17 January

Medium-term trend BSV / USD: variable

Supply zones: $ 150, $ 200, $ 250
Application areas: $ 50, $ 40, $ 30

BSVUSD returns its medium-term prospects to a limited-range market. The lack of momentum for a movement defined by the bulls and the bears puts the cryptocurrency in a changing scenario. BSVUSD rose to $ 78.99 in the refueling area before the end of yesterday's session, after a bullish opening at $ 76.28.

Today's 4-hour spark plug at $ 76.62 shows that the bulls are gradually staging a return to the inside of the segment. The 18% stochastic oscillator is in a parallel line reflecting the interval scenario.

BSVUSD is in consolidation and trading between $ 85.01 in the upper bidding zone and $ 73.27 in the lower demand area of ​​the segment. Operators should wait for a break in the upper refueling area or a failure in the lower area with a new test before a position is taken.

Short-term trend BSV / USD: variable

The cryptocurrency is in consolidation in its short-term perspective. The bullish pressure was weakening after the breakdown of the two EMAs with a bullish Marubozu candle when BSVUSD rose to $ 78.41 in the supply area. The bears returned the cryptocurrency to $ 75.83 in the requested area before the end of yesterday's session.

With a price below the two EMAs and the stochastic oscillator pointing at 27%, it suggests that some bullish momentum may occur within the segment.

TRXUSD is in the process of consolidation and trading between $ 80.00 in the top supply area and $ 74.92 in the lower demand area of ​​the segment. A breakout may occur in the upper refueling area or a break in the lower area followed by a new test, so patience is required to allow this to happen before a position is taken.

The opinions and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your research.