This is anoth one of Lord Skin's insane price projections. First it was BNB, then BTC, then DOGE, XRP and now flipping BSV. The guy is crazy. Lol, Do not take financial advice from a crazy person. DYOR.
This is nice long setup position for BITFINEX:BSVUSD
It seems that The Diametric structure is forming. Based on this, we expecting a good pump for BSVUSD from this range.
Risk management: Low risk
Targets are marked in chart
Do not forget about the SL
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I'll update it soon
BSV has been a big let down recently, but we can see we had a similar move on its first cycle pump we had a large green weekly candle which got rejected and followed by 3 red weekly candles. Which leads us to the next few candles with massive pumps. Will see these next few weeks.
Once the ketcup bottle opens, it opens. Be cautious under resistance, aggressive over. The downward momentum is already confirmed by a breakout and support bounce but still stuck for a while. Next breakout if that happens should be real.
2019 BSV was stronger than most of the bigger alts during BTC rise - post exchange deletion
2020 BSV started big coin...
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Last week, I instructed my lawyers to send a series of formal legal letters to a very specific list of people and organisations who were hosting the Bitcoin white paper on their websites.
This wasn’t done to limit the public availability of the white paper—quite the opposite. I am proud that when I first posted it...
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We need to see if it can rise above the downtrend line (3).
If it falls, you need to make sure you get support in the 211.200-218.670 range.
If it falls from the 193.680...
historically has when it has broken out has produced a 3.5 - 4x
however this time has had a long period of accumulation
and there are 2 court cases coming up where i believe will be positive on the price action for BSV
so maybe we are looking at a larger rally this time