It's looking a little bit bearish however I do feel we might get a reaction on that 10,500 level if bulls come in.
One thing we do have is two situations where a possible move down to that 9K looks more likely due to its relevance with the overall market structure
Be careful, be patient here.
As strong fundamentally Vechain is, we have to be aware that when the heat is off assets you may find them fall in price.
If you have some spare BTC you maybe looking at this 100 satoshi range...
With the world of DeFI sending assets to the moon, got to ask, why has Kyber Network not been sent anywhere yet?
The entire liquidity pool for the ETH network and is DeFi is still sitting here...
So keep a close eye on it. Full retracement on the daily, is it about to rip...
Looking at the recent price action and the candle pattern we might see a correction from ETH here.
Candle looking VERY bearish so far and with previous levels of support now sitting unoccupied, it wouldn't be a shock to see us retest that level.
Don't fomo into any investments on the back of today/last few days PA.
Followed the move up, now it looks ready to correct with all the hype and news dying, also not to mention the BTC dominance increasing against alts making them fall away.
Looking to jump back in 900 sats or lower... Wish me luck...
Did this idea. a few weeks ago sold out of my position at 207 satoshis and looking pretty good for a nice accumulation at lower levels.
Remember that assets do come down once they go up. The huge run up was always going to retrace.
Just to make things clear I am a holder of ADA but I do have some on the exchange to accumulate. I have a small amount chilling right now in BTC aiming to rebuy back lower as it retraces. If it moons, I still hold some so, not an issue.
I've already ridden this wave up 115% so far so looking to accumulate now on the downturn.
The target level of the main buying...
We all know that the fundamentals of Vechain is pretty solid, and remember you must always invest when no one is watching. I covered this asset on YouTube back in December as undervalued, it has obviously shot up a lot since then. Now everyone wants to be apart of it.
If you've done your research and you understand this asset wait for a better buying range that...
So here we are looking to accumulate some fresh Zil from the market without any extra capital. Worth the shot as risk-free trade as the sold part of this trade is profit in BTC. So any lower amount of Zil for the long term is a brucey bonus.
As explained in the title, a very simple ETH chart for you to get your head around. LH formed. A possible retest of weekly levels at $120 is on the cards if the whole industry (crypto) does a correction...
I'm more bearish than bullish at this price point, given the world and how it is at the current moment.
So in line with the possible element of the second wave of COVID-19 and how the stock market will react to this news tomorrow, let's look at a long term target for Bitcoin.
I personally believe, not financial advice we will go and test the lower levels of supports again having failed to hit 10K.
One element to remember BTC is mirroring the stock market if that...