Market Outlook #83

Market Outlook #83

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This Post Has 6 Comments

  1. nv9

    Thank you for this outlook, Nik.

    As as side note, do you think ADB has any chance to one more time hit 8sat on KuCoin?
    I’m trying to catch it but I get the feeling it may not jab that space at all.

    1. Nik

      Tbh I’m not sure, because usually you would find that after a spike you get basically a full retrace, but there’s a lot of volume coming in and demand building up around 10 sats. I’d say that for a longer term position it doesn’t really make a difference though, because the upside is so significant from current price levels.

      1. nv9

        Thanks for answering so quickly. 🙂

        In my reasoning I tried to compare it to LCX when it began rising in price – there were a few downspikes to very-low-lows along the way. So it was possible to catch it extremely low but it was also on a very low volume exchange (Liquid). I think KuCoin might get much more fluid.

        1. Nik

          Yeah I agree, Kucoin is probably less likely to see those downspikes, but you could always set a few bids in the low sats regardless just in case.

  2. Willem De Vuyst

    Thanks for Cosmos (atom)

    1. Nik

      No problem!

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