O~K
This market, VIB (don't mistake it with VIBE)is looking a little bit scary, but, if I would be scared of breaking the bottom like this, then I couldn't call my self a real trader. If you pay attention, few days ago, the dear WHALE bought huge amount of this coin within minutes, the balance for his move is around 932 Sat. so, why did he let the market to drop?
To scare you ! As simple as that ! The order book was filled with his buy orders and those noobs panicked and sold to him with crying eyes. Me? I was getting in and out of the market, trading it with the aim of increasing my VIB coin amount !
Now, is it a good time to enter? YES, for both Swing traders and for Day trading. For swing traders, the target is much much higher than 1000. The very first target for them would be near 1400 and the next one around 1800 and the third one would be ATH. For day traders? well, the very first possible resistance would be around 850 but I would wait and see if we would go toward 1000 or not before pulling the sell trigger.
This market, VIB (don't mistake it with VIBE)is looking a little bit scary, but, if I would be scared of breaking the bottom like this, then I couldn't call my self a real trader. If you pay attention, few days ago, the dear WHALE bought huge amount of this coin within minutes, the balance for his move is around 932 Sat. so, why did he let the market to drop?
To scare you ! As simple as that ! The order book was filled with his buy orders and those noobs panicked and sold to him with crying eyes. Me? I was getting in and out of the market, trading it with the aim of increasing my VIB coin amount !
Now, is it a good time to enter? YES, for both Swing traders and for Day trading. For swing traders, the target is much much higher than 1000. The very first target for them would be near 1400 and the next one around 1800 and the third one would be ATH. For day traders? well, the very first possible resistance would be around 850 but I would wait and see if we would go toward 1000 or not before pulling the sell trigger.