VTC trade idea for next leg

312
VTC is struggling a little bit with 23% fib. It's also over bought on 1 and 2 HR, signalling a bit of a pullback from here. Check out where I circled on the Stoch RSI. A couple of times it hit overbought on 1HR 95% and then pulled back to around 55-60% to load up for another run. I think it's going to do the same thing here.

Big signals telling me we are about to see a bigger run are that 2 HR MACD is just about to cross over, and 3/4HR Stoch RSI are still oversold but heading up. MADC on the 1HR pointing up too.

Pull back to refuel enough to break through the 23% Fib at 8.35k. Beyond that target another test of the 9.5k high and then beyond that 11.5k.

Don't FOMO, pick a good spot.

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.