Re: [Chart] VPVR Part 2: Volume Point of Control $8,188 Now Turned Support
A closer look of the current charts, currently I'll be targeting $8.2-8.8K ($8.5K average) with 45% remaining capital*, based on the following:
*I only have 25% fiat left to allocate, therefore this would be allocating 11.25% with positions of 3.75% positions, with the remaining 55% covering $7.2-7.8K range. DYOR.
[...] 50 Week MA (rising, bullish), 0.5 fib retracement levels of both swing and marco moves, vpvr support zone, futuers gap. Ultimately I'm still macro bullish (not seeing lower lows than $6.5K) until we break below $7.2K, where the 100 Week MA that has flattened out as the neutral 2 year running price.
Volume has been dropping off, so as per usual expecting volatility to kick in based on bouncing of these support levels or falling to the "gap" of $8.5K:
Looks like it might be time to flush out some weak hands to make the next leg up stronger:
HODL
Looks like it might be time to flush out some weak hands to make the next leg up stronger:
HODL
*I only have 25% fiat left to allocate, therefore this would be allocating 11.25% with positions of 3.75% positions, with the remaining 55% covering $7.2-7.8K range. DYOR.