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VictorCobra
May 2, 2021 6:00 PM

Victor Cobra's Crypto Market Update 5.2.2021 (Part 2) Long

Description

Part two of my market update. I continue to discuss Ethereum, but I talk a bit more about NANO, LTC, NEO, and SLT.

Thanks for watching!

This is not financial advice - again, this is for my personal record and meant for speculative purposes only.

-Victor Cobra

Comment

This is the sort of bull trap I was talking about in my analysis. The volume just wasn't there for follow-through this week. Some coins are doing well- ETH, LTC, and DOGE. If Bitcoin drops towards the high 30k level, that can end quickly. Watching for support near the 100 day MA, and for a bounce back into this bullish consolidation structure. Still no real direction, but here are two possible scenarios:
Comments
mrcano
I agree with TRD, we appreciate you putting the effort into this.
The_Royal_Dutchman
Thanks for your time and effort. It's nice to see a video in which someone really takes his time to elaborate his thoughts. It's really educational too! You seem an exception compared to other posters here.
I hope your plans come to fruition.
Did study also get in the way of your trading these weeks? It did for me :)
VictorCobra
@The_Royal_Dutchman, Of course! Thank you for taking the time to comment, and for your appreciation!
Actually it's the opposite - I don't actively trade too much, but the market definitely got in the way of my studies ;)

-Victor Cobra
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