VIDT TAKING A TOTAL INCREASE OF 413%+?
At the moment, VIDT has been maintaining its position above the 0.040 zone. At the moment, this token is shown interest in remaining at this crucial level. BTC further supported this idea by showing that VIDT remained at the top despite its rejections. At the moment, Bitcoin appears to be building strength in the $55K range. VIDT is expressing interest in supporting it as well. Whether VIDT can maintain this critical level and try another breakout into a fully confirmed one will determine whether this overall increase holds true or if a different scenario unfolds.
BTC FLUSHING ALL THE SHORTS AND LONGS AT THE SAME TIME!
There have been quite a lot of short and long flushes this month and BTC has done this all. Shakeouts like these are pretty normal in a highly volatile market. To cut to the chase. The market will surely shakeout those traders with high leverage and uncalculated risk appetites. Most importantly, since both shorts and longs are getting shaken out during this time. Many will get confused about the real direction of the market.
Albeit, we have already setup some rules and strategies that we will follow in order to counter scenarios like this.
It's quite simple. Patience, observation and then, reaction. These 3 actions once properly done in this current market situation will provide a sense of relief for those who applies these simple rules and strategies. The reality about entering on scenarios like this where the market is still undecided will certainly be shocking for those who will experience it for the first time. As for those who have been in the market for too long. It's already a natural cycle.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
