Long
VCASH MIRROR IMAGE GRAPH?
Very speculative graph using similar pattern that appeared in the past but hopefully this time it will bounce off the black support line and break through the next fib as seen with the arrows. Also huge cup and handle. Very speculative and fun!
Note
Just to clarify, the pattent present on APR 2015 is similiar to the pattern we are in right now. I used the high of the wick from APR 2015 as a resistance since it was the resistance point 2 years ago. Hopefully this bounce past that old resistance point and makes into a stepping stone for support.
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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.