BINANCE:EVXBTC
EVX (Everex) Weekly/Daily chart is very nice. I guess the bottom is in. The volume is increasing significantly. The ATH week was around Dec 2017 to Jan 2018. The price was ~47700 sats (~ x 5 current price). If you look closely to the recent week volume. It is even bigger than the ATH week. The chart pattern looks like it's developing a parabolic curve. For the fundamental view, if you have some free time, try to watch the latest AMA (Ask me anything) video by Everex's CEO. There is a lot of great insights there.
Do you agree with my technical view? Would be nice to see your comments!
EVX (Everex) Weekly/Daily chart is very nice. I guess the bottom is in. The volume is increasing significantly. The ATH week was around Dec 2017 to Jan 2018. The price was ~47700 sats (~ x 5 current price). If you look closely to the recent week volume. It is even bigger than the ATH week. The chart pattern looks like it's developing a parabolic curve. For the fundamental view, if you have some free time, try to watch the latest AMA (Ask me anything) video by Everex's CEO. There is a lot of great insights there.
Do you agree with my technical view? Would be nice to see your comments!
Comment:
Be patient. Don’t look at minute chart. It is extremely volatile and you will panic. Relax and let’s see our coming weeks.
Comment:
For these recent days, I see big-cap alts pumping, small alts go down a bit since there is too small volume which is BAD for small alt like EVX. However, 7800-8000 level is still holding, someone is clearly buying at that level. I think I will wait for small alts pump which is possible that it will follow big-cap alts soon. If EVX still doesn't follow the pump then I will put SL around 7000 sats level.
Comment:
I see volume is increasing. I'm really confident that it will pump very soon if BTC doesn't drop much more.
Comment:
Sadly, BTC had a huge drop. This took down small alts. If you want to play safe, wait for BTC recovery with strong uptrend which may take a while. However, EVX is so cheap now and we are reaching the end of the year. Buy some! We can expect some announcement which can lead to the upside movement.
Comment:
NOTE: This is not financial advice.
Comment:
Congrats for both traders and holders!
Trade closed manually