EVX/BTC is likely prepare for a bull run
Updated
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
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