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VeChain - Compressing and getting ready for a breakout
I am still new at this, so take my ideas with a grain of salt. NONE OF THIS IS INVESTING ADVISE!
On the 1 hour chart, it looks like the volume has been dropping and the price is compressing. MACD is moving through a tighter range as well. It looks like this is getting set up for a breakout. Based on the upcoming rebranding, I am hoping it will be a bullish one, but we shall see. Any major swings in BTC will likely influence it, though it has seemed a bit more stable than some of the other altcoins.
Feel free to add your insight.
On the 1 hour chart, it looks like the volume has been dropping and the price is compressing. MACD is moving through a tighter range as well. It looks like this is getting set up for a breakout. Based on the upcoming rebranding, I am hoping it will be a bullish one, but we shall see. Any major swings in BTC will likely influence it, though it has seemed a bit more stable than some of the other altcoins.
Feel free to add your insight.
Nota
Breakout occurred!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.