We have a stop-loss hunt event on the BSVUSDT (BCHSV) chart.
This can also be called a fake breakdown.
The market manipulators move the price to where most of the stop-loss are placed. After the stop-loss are activated a fast recovery take place.
That's why we use a manual stop-loss. To avoid being caught in this type of move.
The cryptocurrency market is quite tricky, one need to be very smart in order to be able to stay positive in the game.
Patience is key. Buy and hold long... You will be happy with the results in 2025 or late 2024.
Do your own research of course but experience tells me that these two years are going to be lots of fun; for us cryptocurrency lovers/traders of course.
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