Hope everyone had a good holiday break.
Pretty much watching BTC as both VRA and BTC's charts are highly correlated.
We're at support and I would not like to see us start trading below the wicks from September on higher TFs, if so, I will probably exit into Stables and wait and see.
I think both BTC and VRA have one more sweep of the lows left to take out September lows where there is a lot of long liquidity then pump to take out short liquidity.
Either we do it soon, or we bounce and do a slow grind down into it like we saw in June/July bottom on BTC.
Good luck.
Pretty much watching BTC as both VRA and BTC's charts are highly correlated.
We're at support and I would not like to see us start trading below the wicks from September on higher TFs, if so, I will probably exit into Stables and wait and see.
I think both BTC and VRA have one more sweep of the lows left to take out September lows where there is a lot of long liquidity then pump to take out short liquidity.
Either we do it soon, or we bounce and do a slow grind down into it like we saw in June/July bottom on BTC.
Good luck.
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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.