Currency TrendSince the start of this chart this has been in an uptrend. You can see many times it has gone flat. To me this chart is a currently at the bottom of a flat section. One of 2 things are likely to happen next a prolonged flat position where you would not gain of loose much. Or a break out into a substantial rise.
Dong
Vietnamese #Dong: Awaiting the #RV Now is the time!Now is the time to start dollar cost averaging the VND. If you don't know already the Dong is one of the 1st to get revaluation of all the currencies.
If you do not know already what is maybe about to take place watch these:
www.youtube.com
www.youtube.com
So lets get into it pretty simply really.
1. 2 Weeks ago the price created a support line and has found a base.
2. The bottom finder indicating bottom levels not seen since 2014
3. The Stochastic RSI been oversold for a few weeks now
4. The price is out in the bottom of the Linear Regression
Todays level are not the lowest price so therefore dollar cost averaging here is the best bet and buy the dip mentality here works the best.
This is based on my opinion on how I read the charts
I heard algo is a really good coinDid other people hear that also?
P.S.- the resistance is not confirmed and this is all just wishful thinking