TheHedgedOne

TheHedgedOne

If the price will go above resistance $85, we should expect $99-100 as a target price. (neutral expectation) If the price will go below support $73-74, we should expect $52-53.5 as a first support. (more likely situation) Let's see.

TheHedgedOne

VelocityShares Daily Inverse VIX Medium-Term ETN* (Ticker: ZIV) VS. Bitcoin Price (Bitstamp) Nice correlation between ZIV and Bitcoin price since 2013. *The VelocityShares Daily Inverse VIX Medium-Term ETN provides daily inverse exposure to an index that tracks the price performance of futures contracts on the VIX with an average maturity of 5 months.

TheHedgedOne

VelocityShares Daily Inverse VIX Medium-Term ETN* (Ticker: ZIV) VS. Bitcoin Price (Bitstamp) Nice correlation between ZIV and Bitcoin price since 2013. *The VelocityShares Daily Inverse VIX Medium-Term ETN provides daily inverse exposure to an index that tracks the price performance of futures contracts on the VIX with an average maturity of 5 months.