BLOCKv Short Term Trade Idea

BLOCKv is starting to correct and showing weakness today. Therefore we are going to close the VEE positions today while we are still in profit for a 6% gain.

TradingView Bitfinex VEE/BTC daily linear chart

VEE/BTC is showing a failed rally with an orange pivot and a lower low below the pivot today. Bears have taken control so we are exiting this trade while still in profit.

Trade Idea: Close VEE/BTC position for a 6% gain.

TradingView Bitfinex VEE/USD daily linear chart

VEE/USD is also showing a failed rally with an orange pivot and a follow a lower low today. Bears have taken control so we are exiting this trade while still in profit.

Trade Idea: Close VEE/USD position for a 6% gain.

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. Again, do not hold this asset for the long term. 

Good Luck, Good Trading!