Opportunity for all traders!
VTCBTC has made a strong move down. Technically it is setting up as a strong base and reversal area. It has set up a base by putting in a triple bottom. You can see the green circles showing the three recent lows at the same point. This establishes the base.
The next important part technically is the higher High. The Orange arrow shows the new higher high forming, now for the conservative we would like a pull back to a higher low and we are set.
The aggressive could just buy now with a Stop Loss below 0.000394, I will post targets with the conservative trade.
The conservative or less experienced are looking for a pullback to the 50 EMA and then a bounce bar. They can buy the break of the high of the bar with Stop Loss at 0.000394.
Targets are 0.000469, 0.000592 and 0.000682 (The yellow Lines)
Remember to make dollars your trades much make sense so please follow for more profitable trade ideas.