Vertcoin Update Log Chart
What do we see on this timeframe (1D candles)?
- possible falling wedge
- back on the lower trendline (bounced on it)
- seems to be finished with Leg E from the Falling wedge
- weak bullish divergence on the MACD (later on a bit stronger)
Given the RSI on the 4H timeframe, given the falling wedge scenario and the bullish divergence + the trendline coming in to play, I'm expecting it to break out in the coming days.
Which two scenario's are in play here?
1 - breaking out of the falling wedge from here, as in that case E is done. Breaking out, retesting and then we'll be moving upwards towards the target zones.
2 - not breaking out right now --> another retest of the bottom around 33000 sats and then a breakout and uptrend --> lowest expected.
Targets:
1 - 50000 sats
2 - 60-62500 sats
3 - 80000 sats
What do we see on this timeframe (1D candles)?
- possible falling wedge
- back on the lower trendline (bounced on it)
- seems to be finished with Leg E from the Falling wedge
- weak bullish divergence on the MACD (later on a bit stronger)
Given the RSI on the 4H timeframe, given the falling wedge scenario and the bullish divergence + the trendline coming in to play, I'm expecting it to break out in the coming days.
Which two scenario's are in play here?
1 - breaking out of the falling wedge from here, as in that case E is done. Breaking out, retesting and then we'll be moving upwards towards the target zones.
2 - not breaking out right now --> another retest of the bottom around 33000 sats and then a breakout and uptrend --> lowest expected.
Targets:
1 - 50000 sats
2 - 60-62500 sats
3 - 80000 sats
Dagangan aktif
Dagangan aktif
Just posted a big timeframe update and small timeframe Update on my twitter.Big Timeframe:
twitter.com/MNPoppe/status/963049511504498688
Small Timeframe:
twitter.com/MNPoppe/status/963049739498479621
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.