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Based on the Mayer Multiple, $130 is an area I would expect to be a great buy. $130 is a good bid area imho and I accept that price may go much lower in a shakeout. I think a 4H candle below $156 may trigger a fast move down.
This is still valid. $156 held so far.
Is it means if you already have BSV it's not a good price to sell now? On the other hand the invester can wait the buy target if invester still have cash.
coinspeak replied:
It depends on your trading rules, timeframe etc. This indicator measures extremes on the daily with directional trades 2-3 times a year.