We were saying last week that V chain is moving down a channel and we are still down the channel. Så, to be honest, this is a very good site. This is a hammer yeah a lot of hammers everybody. You know almost everybody about. Almost everybody is actually displaying a hammer, a hammer candle stick onto daily. A lot of the other coins are showing hammer it's. Just that I don't know. Are we gon na be reversing from here? Yes, no yeah. We came down to 0.6 on it what's happening. We came down to 0.6 on it and then we've been hovering sideways ever since so again. To be honest, this is not what I will consider as a tradable chart pattern, tradable cha pattern. We I don't know something else. Yes, I don't know it's just like okay. Till exempel, this could become some sort of a um cabin handle yeah. We could get a copy handle. You know this could be just like half of the not half peach, yeah, probably half of the cup, and then we could get the handle I'm. A little teapot fat and stout here is my handle here. Is my stuff it's not stopped here? Is nice now any pot of tea? All of that it's, not yeah, so Nursery Rhymes? This is this – has become a nursery rhyme channel so um. These calls all turn out to be some sort of a squeeze. Abcde have a squeeze because to squeeze off here the thing is mentally sure yeah.
So I will consider this an a B C. Is this an ABC? You know? Is this an ABC move towards the downside, and then we get an ABC back to us, the upside? I don't know I really don't know I wish I knew I wish. I could tell you that I knew, but I don't know there's still no clear chart patterns here. We could still go lower. You know this could be an a b c d e yeah because get a five way from structure to us. The downside, and so all i know, is that we are down a channel down the bougie down down and down down, so we really know entirely sure. I would love to tell you that we are going up, but I can't so normally I'll call a spade a spade. There'S, nothing I'll, just say, that's, nothing if there's something now I'll, say there's, something if I see potential in there moved in probably I'll just tell you the potential, but it is for our time. I really do not see anything. All I know is that we are hovering very close to the skinny pink line we picked all of it. We came back down, I picked out of it. We came back big, we came back down and then yeah we're kind of moving sideways, we're kind of struggling to find some sort of a momentum whether it is twisted downside upside. We are pretty oversold to be honest, so I don't know how much longer we're gon na stay over salt.
This is all going to depend upon. Btc e PDC continues to go lower. Obviously the chain is going to stay down. Btc continues to you know, move sideways or form some sort of a reversal pattern. Then obviously, fission is going to show potential reversal as well it's. Just at this point of time. There is nothing for us to do so, there's, nothing that we can do about it except to be patient yeah and to wait for the pitching wheels to give us a high quality shot pattern first, before doing anything all right, so let's move on to a beating Against us DT before that, please give this video a like if you enjoyed it subscribe to the channel, and let me know what you think about beach and in the comments P know. We'Re gon na check out last week's comments featuring moving within the channel that's right. That'S right, hey, wait! A pair great learning! Contents! You'Re! Välkommen! May I know how do you get your targets? Yeah buddy you're, asking for the secret you asking for a secret sauce so yeah? Yes, that is reserved for my patreons, my party on boys, so Pepe Choi. What do you think about long term, holder, vets? I don't know man long term yeah, probably good it's, just it's my time, it's just my prediction: yeah cryptocurrency has a place in the future, which means that I think you should know by now that eventually everything is going to rise back up.
Everything that is legit is going to rise back up, bitcoin is going to surpass 20000. One fine day is going to surpass 20000. You – and I should know that by now. Right so bet is a legit project. So eventually, one find a vet is going to rise back up to its all time, high off two point: seven cents, let's just assume, it's cheese, sense. Okay, one day, vet is going to rise up to three cents, we're a zero point: three cents right now. We at ninety percent – you know if you get it now and we give rise back up to the all time high. It will be a seven hundred percent move for bread against USDA. I think that before it was called ve T you know, the V chain was actually called ven and then they split up everything and it became ve t ve ends. Price was actually much higher and yeah they just you know. I don't know why but uh yeah anyway. My point is that it was a long time ago, ven yeah, because I was in the cryptic rzc. I was very really active. I became active in it way back into zero one seven early to zero one, seven when a theorem, also 11, so yeah, I think about it. So I think that has potential it's just that right now things are very bearish. If you look at the volume, this is actually wills accumulating yeah, look at the volume compared to this right, so there's, a lot of love, buying happening over here and eventually you're going to see a recovery eventually eventually it's, just that things are not so clear.
Right now, eventually, you get some sort of a reversal sheraton and then we will curve our way back up. Eventually, you just curve our way back up. So what I mean by that is only when things are. You know the bearish things are bearish. You go service for wrong before it goes back up. Bad trends usually ends by going sideways. Before going back up right, there's a small sideways pump before we go back up again small sideways. Before we go back up, I think we're gon na get some small. No, I don't think this is going small, it's gon na be a long sideways. I suppose, before we go back up so yeah, it is found time there's nothing much to do for pitching against us DT, but to be patient and yeah to wait for it. Long term, yes, I think I'm pitching has potential it's, just it I'm, not sure. If now it's a good time to be buying, you can buy now if you won, but you have to pay the price off time. We can kings of revolt all right now, which means that we could still drop from 0.3 cents down to zero point 2 zone to 0.1 cents. If you can handle the volatility, then yes, I think, might be a good time to buy for you, I suppose, there's the same time spent in the market beats trying to time the market. So if you're not really sure what you're doing then yeah one tip I will give you is you wait for things to go over so first before you buy and when things are over, but you sell so the last time you oversaw was over here oversold right.
If you bought around here and when things went over BOTS over here, you sell it down. We didn't really go into over salt yeah over BOTS over here. You sell you sell things when it's over, but you buy things when it is over. So so, when we were over sort of course, when things were collapsing, nobody had you know the balls to actually buy. I doubt anyone could have you know and to be honest, I don't really encourage nice caching, so yeah. The point is people over so here yeah. Nobody could have body to be honest at this point of time. You could have bought it because it wasn't volatile yeah as volatile as this. This was just crazy. Marsh is a very strange month, its recession month. So I don't think crypto has ever gone through a recession period before so. Yes, I'd much it's a very strange man for me in terms of everything in terms of trading, especially very, very strange, so you know there you go anyway yeah there goes my take. Where is this ocean X? You have green glasses or no, not really, no it's. Actually UV coated is UV coated glasses. Normally I don't know me a wear contact lenses, so I never do my YouTube videos so it's. Just that I have a pink eye. I'M kind of recovering, can you see it yeah I'm coming for it, so the doctors of the internet were saying that you should actually wear it glasses and not contact lens when you have to give me time to recover so for vision against us, dd yeah it's.
Nothing much to do except to be patient and to wait for the wheelchair wheels to give us a sign. We are very, very bearish or if you look at the skinny pink line to the price, just absolutely huge of white space. So recovery is very likely going to take months very likely, it's going to take months so yeah. To be honest, so to see a clearer picture of what is happening to reach in look at the PTC perdn look at the USD T pad, because the USD T pair is following everyone else. It looks exactly the same lines that keep more or less the same as everyone else. The true measure of a V chains, strength where a strength is coming in or going out, is actually in the BTC pair, not the USD pair. So if anything, you know to be honest, we are moving into oversold territory, not particularly very oversold yet, but we are moving into a Brousseau territory and accumulation could start, you know, should stop when things are over, so we were over. So here is accumulating. You know here again and it was a period of being oversold again. We were so here. I could have started accumulating here as he goes slower. You put it more and more and after that, eventually, when they went into over BOTS, which was here, you could have sold it for some profit right bitings when they are also so things were there over BOTS, so we're not particularly oversaw yet.
So maybe you should wait for things to go over salt, pepper, chilli, so yeah. This is a very simple strategy. I don't use this strategy. To be honest, to be clear, I don't use a strategy, but it does work it's, just that yeah. You know my strategies. I want to maximize my games and not you know yeah anyway, anyway, yeah there, you go just look at the BTC pack, not the USD TP. All right, I get to see for my vision, technical analysis. Thank you very much for watching. I hope you enjoyed it.