The day before yesterday, a great day Long! Yesterday the prices fell, as is normal in any bullish trend.
Advice for those who made an entry below 50,000 to close the position if the prices fall below 51,400.
A daily close above 55750 would develop a stretch up to the 58765 area. A break of 52900 would bring down the prices in the 51000 area and the large support at 48000.
BTC's dominance has risen to 44 and many altcoins have suffered from this. The Greed and Fear Index is at 74 indicating more confidence.
I report the daily levels for btc and 30-minute chart for intraday trading:
Let's take a look at Let's take a look at VeChain: it is a blockchain-based project that offers tools to businesses, not just for tracking the supply chain and their products. Today it has become one of the very popular networks in the world among businesses also because it is able to offer different solutions for the real economy, it is already used by brands such as Pasta De Cecco, BMW, PwC and LVMH.
I think it has excellent growth opportunities.
Happy trading everyone.
Chart from tradingview.com
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This article does not contain investment advice. Every investment and trading move carries a risk, readers should conduct their own research when making a decision.
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