Bitcoin SV and Bitcoin Cash Trying To Breakout?

Bitcoin SV and Bitcoin Cash are having a really solid day so far but they both need to have a daily close above the top lines drawn before you should consider them breaking out.

See both charts below.

Both top lines drawn are important price points. It would be healthy to see a daily close above the top line followed by a retest of that top line several days later. Assuming that retest holds the line on a closing basis the odds will be high that the Crypto will be off to the races. At that point we could see a substantial move higher over an extended period of time.

Let’s all watch and see what happens over the coming days and weeks.