VRA update
Hey all, been a while since I updated, just been riding it up since the bottom, still long and haven't taken any profit yet.
I'm cautiously optimistic the bottom is in but keeping a close eye on price action in case this does correct, if it does I will be looking for a higher low rather than a move back to the lows.
BTC looks like it wants to go higher to me, if it does VRA should push to the top of the channel 0.048 to 0.05.
We've reclaimed the centre and retested, usually this suggests a move to the top of the channel.
The Daily OB at 0.043 could be a reversal area so be weary of that if we SFP price action to the left.
Still the chance that we pull back here i'll post a new chart if that happens.
Have a good day.
I'm cautiously optimistic the bottom is in but keeping a close eye on price action in case this does correct, if it does I will be looking for a higher low rather than a move back to the lows.
BTC looks like it wants to go higher to me, if it does VRA should push to the top of the channel 0.048 to 0.05.
We've reclaimed the centre and retested, usually this suggests a move to the top of the channel.
The Daily OB at 0.043 could be a reversal area so be weary of that if we SFP price action to the left.
Still the chance that we pull back here i'll post a new chart if that happens.
Have a good day.
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