Panjang
VCash Higher Highs, Higher Lows
VCash found the support at $0.14, that has been rejected two times in July and August. Although throughout past 3 months it hasn't been able to establish a trend while providing price spikes accompanied by a high trade volume.
However, during the past three weeks, VCash has shown an uptrend pattern, printing higher highs, and higher lows. In fact, it has rejected 200 Moving Average on each occasion of a correctional wave down.
It could be that VCash has finally established an uptrend and could start moving higher. While the first strong resistance could be at $1 psychological round number, the second target is seen at $1.36, supported by two Fibonacci retracement levels.
Keeping in mind that range trading could continue, break below the 200 Moving Average will invalidate this outlook.
However, during the past three weeks, VCash has shown an uptrend pattern, printing higher highs, and higher lows. In fact, it has rejected 200 Moving Average on each occasion of a correctional wave down.
It could be that VCash has finally established an uptrend and could start moving higher. While the first strong resistance could be at $1 psychological round number, the second target is seen at $1.36, supported by two Fibonacci retracement levels.
Keeping in mind that range trading could continue, break below the 200 Moving Average will invalidate this outlook.
Nota
First target $1.00Nota
getting ready to shootNota
strong resistance at $0.9Nota
Uptrend begins!Nota
VCash Price seems to be still quite cheapNota
Rally should start shortlyNota
Vcash at the resistance which is $0.9, break above required, then it should move towards $1 - $1.06Dagangan ditutup: sasaran tercapai
resistance at $1.06 closing for nowNota
$1.22 is a key resistance that has been rejected, watch it if breaks above trnd will continue, but at this point down
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.