VIA coin, an interesting short term trade
This is a trade that has caught my eyes one week ago. I saw it shilled on a forums, and I observed it. This seems to have broken downtrend and started an uptrend channel as we can see on the chart.
-MACD reversed
- Bullish pattern
- Strong resiliency against bitcoin upward movement
How do I know if a coin has potential to grown from a fundamental analysis ?
- Reddit page : reddit.com/r/viacoin/: This coin seems to have a growing community support, a small one that is ( which explains the 380 btc volume per day )
- Growing mentions on youtube, twitter and forums
- Active developing team
I want to short trade this, because I am not interested in it on the long term. The product is not very appealing to me personally, but this coin has a lot of room to grow. If you want to increase your bitcoin stacks, this chart moves in a very predictable way, and if you can time it, you can gain 5-10 percent daily. Just follow the channel and buy when it's close to the lower green area and sell when it's close to the upper green area.
You can also hold this coin as it seems to only be growing.
I expect this coin to be picked up by alanmasters soon, since he likes that kind of coins. If he does an analysis on it, this thing can really moon.
-MACD reversed
- Bullish pattern
- Strong resiliency against bitcoin upward movement
How do I know if a coin has potential to grown from a fundamental analysis ?
- Reddit page : reddit.com/r/viacoin/: This coin seems to have a growing community support, a small one that is ( which explains the 380 btc volume per day )
- Growing mentions on youtube, twitter and forums
- Active developing team
I want to short trade this, because I am not interested in it on the long term. The product is not very appealing to me personally, but this coin has a lot of room to grow. If you want to increase your bitcoin stacks, this chart moves in a very predictable way, and if you can time it, you can gain 5-10 percent daily. Just follow the channel and buy when it's close to the lower green area and sell when it's close to the upper green area.
You can also hold this coin as it seems to only be growing.
I expect this coin to be picked up by alanmasters soon, since he likes that kind of coins. If he does an analysis on it, this thing can really moon.
Note
Buy recommendation : 0.00032000 - 0.00033000Less greedy : Sell recommendation : 0.0003700- 0.00038000
Greedy : Hold and wait for a break to sell
Note
Forgot the stop loss : 0.00028500Note
I recommend not getting in immediately, but let's wait at least today to observe this pattern if it continues. If bitcoin goes up even more, this becomes invalid, and then you have to trade in dollars and not Satoshis. Via coin always hovers around 4.70 and 5.60 USTrade active
Bitcoin seems to have consolidated and is trading on the upward channel. Trade is active. Good luckNote
Trade going excellent and as planned. Congrats on the small profit, get ready to sell soon, and rebuy at supportNote
Trade still within channel. Hold and be patient.Note
We could see a trend reversal here. I suggest you set a stop loss order just in case.Note
Trade looking super good! HODLNote
Congratulations on the profit. Keep holdingNote
I'm just too good!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.