Long
Isn't It Obvious? $TVK
This chart doesn't look too complicated imo. 0.16-0.17 is major support/resistance, but keep in mind that this chart is still less than a year old. So we should look elsewhere.
1. Its market cap is relatively low (around 100m) and 60% of TS is in circulation, which makes the risk of token release selloffs low. Could easily multiply in price in a decent wider bull market.
2. There is clearly a lot of hype around NFTs, but considering their potential I think the market is still in its early phases. That means solid projects will grow.
3. Is TVK solid? It's up and running, seems to have a good team and vision, and despite being still young it is one of the earlier projects in the space. As long as they keep up, there should be a place for TVK in the future NFT space. How big that might be is the exciting part about trading :)
So, at this price level, I would wait for a close (4h, 1D) above 0.16-0.17 to buy. I am in from 0.1253, and not selling before 1$ !
Peace!
1. Its market cap is relatively low (around 100m) and 60% of TS is in circulation, which makes the risk of token release selloffs low. Could easily multiply in price in a decent wider bull market.
2. There is clearly a lot of hype around NFTs, but considering their potential I think the market is still in its early phases. That means solid projects will grow.
3. Is TVK solid? It's up and running, seems to have a good team and vision, and despite being still young it is one of the earlier projects in the space. As long as they keep up, there should be a place for TVK in the future NFT space. How big that might be is the exciting part about trading :)
So, at this price level, I would wait for a close (4h, 1D) above 0.16-0.17 to buy. I am in from 0.1253, and not selling before 1$ !
Peace!
Trade active
Tried .16 and failed again. It may take some time to consolidate or one big green candle can take it up. I am still bullish long term and I still think these prices are good levels to buy.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.