John Aslanis
Dear Subscribers welcome to our Trading report for 8/12/2020
Daily Strategy
Bitcoin
Wallet Investor Prediction is Max 20503 and Low 18933 Closing Price at 19733
Opening Price of the day is 19135
300 rule is buy at 18835 and sell at 19085
Bitcoin is in consolidation and this is obvious at the 4h chart. Weekly and Daily Energy Charts still in exhaustion after so many weeks of uptrend. A correction to 16000-14000 will be normal if it comes. For the next weeks the game is moving to other coins.
YFI
Wallet Investor Prediction is Max 32590 and Low 27132 Closing Price at 29923
Opening Price is 28501.
YFI is mimicking Bitcoin. It is in consolidation, a possible correction is on the horizon but the overall dynamic is looking towards 50000. Stay out for now or enter to hold for long term strategy.
ETH
Wallet Investor Prediction is Max 642 and Low 581 Closing Price at 612
Opening Price of the day is 590.
Ethereum is also mimicking Bitcoin at this stage. Worst case scenario a correction to 480 before it moves to the previous ATH. Stay out or enter to hold long term.
Other suggested trades:
Monero is rising to 140 and has energy for 160. Wave has also good energy to move up. Take a close look to VECHAIN it has good potential.
Results
Bitcoin
Opening Price 19164
Closing Price 18320
Lowest Price 18291
Highest Price 19269
Neutral No specific movement
YFI
Opening Price 28454
Closing Price 25433
Lowest Price 25287
Highest Price 28526
Neutral No specific movement
ETH
Opening Price 589
Closing Price 554
Lowest Price 553
Highest Price 594
Neutral No specific movement
Monero: Open 138 Close 135
LINK: Open 13.6 Close 12.14
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