Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow | Fast
by
Jonesd
on 19/07/2017, 10:57:12 UTC
Quite happy we did not have the big release during that clusterf#!k of last week. I was closely watching the buy and sell walls of VIA and noticed some huge orders this morning, breaking a huge sell wall in the higher 30s. I would not be surprised if we reach 100k by early August. Looking at support levels and how it rose very rapidly earlier I hope we make the following jump:



This of course might be overly optimistic. Do your own research before buying things. Smiley

Im always skeptical about TA just because I feel like Cypto is a market that can move based on a Tweet or a rumour. Strongly agree with your first point though - any big releases last week would have probably been ignored

I think technical analysis works well with predicting a range, so this is why in my most optimistic view I think it could max go to 100k for now. Too many people will start to sell once it gets there, so the 300k I predicted earlier will be a bumpy ride. How fast we get there will depend on how high this upcoming rise will go.