Possible Vertcoin scenario

Updated

Tested resistance and bounced off of it, stoch RSI on 4 hr is capped. Think we will test support(s) and move up afterwards in a sort of ascending triangle pattern. Let's see if the support holds :)

Note

So price came down and tested support after rejection @ resistance as expected. Bounced nicely, will probably retest one or more times while moving up to resistance. In case it breaks we still have the support line below.

Note

So after falling in wheelchair territory it seemed to have found support there and bounced.
This baby showing us it still has some life in it, will probably get exhausted soon and pullback a bit, let's hope our new updated lines hold and move us up to breaking resistances for another nice pump ! :)

Note

Gladi

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.