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CodexHTML
May 12, 2021 2:04 AM

HUGE BSV MOVE COMING - LONG $500.00+ Long

Description

THIS IS NOT FINANCIAL ADVICE

BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.

TRADE IDEA:

BSV is now above the resistance at $350.00; sitting ontop of the ascending triangle it was trading in for awhile. It now is gaining momentum against USD, BTC, and ETH. From my analysis, I will depict $500.00 as the major technical breakout point and psychological breakout point as well. We pinbarred from 490 weeks back, but now BSV is gaining technical and social traction.

FUNDAMENTALLY

Some claim BSV is the actually BTC . I am not here to tell you whether it is or isn't. I have no opinion on that. I buy what works well and what has liquidity or future liquidity.

PAST BSV IDEA



Comments
RSI_Trading_Concepts
It was a huge move but wrong direction. good time to buy that low though...
CodexHTML
@Waldo307 yup! Crazy downside swing . I’m using it to load more
Axel_black
What's your estimation of value after it breaks $500 and runs?
CodexHTML
@Axel_black my long term is around 5-6k and then reevaluate
Axel_black
@CodexHTML, Got it, thank you.
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