Bullish Setup Based On Horizontal, Diagonal Resistance Lines
Updated
BSV broke out the descending triangle and edged above the next, horizontal support/resistance line at $110. Expect to hold this position briefly before bullish ascent to $140 over the next few days. To reevaluate after $140 level reached. Invalidated if $110 breached on the downside. If broken, $100, low 90s, low 80s are potential stops.
Note
Of course, Tulip Trust information could accelerate the process. :-)Trade closed: target reached
Going to call this one closed, too. Blew past my target after court developments, which came much faster than expected. If you got into this one early, congrats. If BSV keeps flipping BTC, this could go much higher, but still to early to be sure.
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