Trading Report 8 December 2020

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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