JacobTrader100

BSV: The this flag channel reduced by about 45%!!

BITFINEX:BSVUSD   None
Hello Early Adopters,

I was wrong about my 48 hour time frame, it seems nothing happened lol. Up/down/sidewalks(time killer) so we have a 33.33%% of any direction. I said that in 48 hours it would go up or down either way I was prepared, it decided to do neither. haha )).

BSV has been moving in this narrow triangular channel, an upward slope of a very few degrees(looking at the highs). The lows have been moving up but they are running out of space, the highs have been holding strong. Previously I said that within 48 hours something should happen, yet nothing happened. The channel has decreased by about 45% using the high low, there's a big move coming, maybe it's waiting for BTC halving day.

I have reviewed BSV technically and fundamentally. It's all good news but for the time being my brain is telling me down. I really want to buy at this level, to go all in at this level. My brain is telling me something is wrong. So I'm going to watching BSV very closely in the next 4 days and the next week candle. It has to either go up or down, and we should all be ready for whatever scenario plays out.

If you'd like more detail in my analysis please let me know, I try not to write too much thinking people don't want to read so much.

Please like and follow, I really appreciate it. Cheers ))

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