Welcome to the 17th issue of Market Update.
Today I will focus on the recent short-term VELO trade setup I put out in the precursor post to issue #16.
Though it was not part of a full issue, I did put it out there, and quickly realized it was lacking the necessary content around it to be up to my standards. Today I will dissect the trade thus far, describe how I have personally played it, and how I will improve when delivering such setups in the future. I hope it will be educational.
First though, I’ll update on short-term BTC.
Alt Targets
After these two sections, we then need to clear up confusion with revised alt targets.
Several have posted questions or messaged me with concerns over the dramatic adjustment to the FIL targets last week.
Today I will do my best to address these concerns. I will also present a full list of the prior tokens which I feel need adjustment using the market cap approach, along with supporting evidence.
Then I will present targets for the top 4 vote-getters: INJ, PYR, RNDR, ZIL
Next week, rather than target new tokens, I will present several of the revisions.
All previous targets below:
Today’s topics:
Short-Term BTC Update
Diving into the VELO Trade
Targets for INJ, PYR, RNDR, ZIL
Targets that need revision
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