BLOCKv Short Term Trade Idea
BLOCKv is coming out of a long term bear market and showing signs of strength that have created a good trade set up. In addition, the project itself has some fundamental news that is helping propel it to the upside so we are issuing a trade alert today.
TradingView Bitfinex VEE/BTC daily linear chart
VEE/BTC is currently trading at 33 satoshis. We recommend entering this trade anywhere between 28 to 33 satoshis. Our sell target above is 60 to 69 satoshis for around a double from our entry level.
Trade Idea: Buy 0.00000030 for upside sell target at 0.00000060 – 0.00000069 area. Stop loss will be placed at just under 0.00000020 area.
TradingView Bitfinex VEE/USD daily linear chart
VEE/USD is currently trading at 1.1 cents. We recommend entering this trade at this 1 cent area. Our sell target above is between 2 to 2.3 cents for around a double from our entry level.
Trade Idea: Buy $0.01 area for upside sell target at $0.020 – $0.023 area. Stop loss will be placed at just under $0.0089 area.
Please note this is just a short term trade alert. These trade ideas are entirely based on technicals and coins listed in these alerts are NOT intended as long term investments for holding. Long term investments are listed on the TCV portfolio shown in the TCV Members Area, and those are the only coins that we recommend holding for the long term.
All trade ideas are risky short term setups and all positions should be liquidated when sell targets or stop loss levels are reached. Remember to keep your position size reasonable in relation to the higher risk levels of these short term trade ideas.
Good Luck, Good Trading!