Victor Cobra's Crypto Market Update 5.2.2021
In this analysis, I talk about the overall trend for the crypto market, including an in-depth analysis on Bitcoin dominance. I also mention a few cryptocurrencies here that I continue to follow and hold - VET, ETH, XLM, and NANO. I will make a second (shorter) video discussing a few of my other coins - NEO, LTC, and SLT.
Hope you enjoy & thanks for watching. This video is not financial advice. This is just how I see the market, and my posts here serve as my own journal and personal record for my financial ventures.
-Victor Cobra
Hope you enjoy & thanks for watching. This video is not financial advice. This is just how I see the market, and my posts here serve as my own journal and personal record for my financial ventures.
-Victor Cobra
Note
Part 2: 
Note
This is the sort of bull trap I was talking about in my analysis. The volume just wasn't there for follow-through this week. Some coins are doing well- ETH, LTC, and DOGE. If Bitcoin drops towards the high 30k level, that can end quickly. Watching for support near the 100 day MA, and for a bounce back into this bullish consolidation structure. Still no real direction, but here are two possible scenarios: 
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.