Anlvis

Don't believe in scam projects!

Long
BITFINEX:BSVBTC   None
Hello everyone, this is our view on bsvbtc, enjoy!
Analysis:
No one likes to get scammed, but maybe those who pumped this coin volume didn't know anything about its liquidity: during all latest pump along there was no liquidity at all (this was for all bitcoin babies). Even if i had put 10$ i could have pumped this coin by 10%, so what is happening now is that we're facing another wave up to complete Elliot's impulse and then it will get back from where it did come from (nothingness). I won't explain the chart this time as i believe there was no explanation for that senseless pump (parabolic move, now retracing in a falling wedge, breakout soon). Signals that a volume spike is about to come (someone is probably taking profit).

Strategy:
Don't buy at all, otherwise try this one:
Entry: 0.03566-0.03255-0.0304
Target: 0.0387-0.05308
Don't be silly, don't hodl this coin.
High risk for big gains.

Trade safe. Anlvis.
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