The price bounced from the support zone. RSI confirmed price reversal in the oversold zone. MACD histogram confirms upward movement and MACD lines are going to do the same within several days. ADX line of DMI indicator rises and it tells us that the market is going to move upward. We have the market at the local bottom and it's a good buy opportunity. Pending...
Waiting for VRM to break out of the falling wedge if it also breaks the resistance(in red) then it would be really interesting
A congratulations are in order for the Vericoin Blockchain, which has now reached an all time three year High of 9.01 Million dollars. Heavier than normal volume today pushed the price up to and past the current trending channel, yet pulled back dramatically as volatility and intra-day trading opportunities become more fruitful. It seems as if the bulls and the...
Seems as if overall the Pennant is holding and with new support levels to be printed in less than a day unless a break out to the upside happens beforehand, the weekly pivot I believe will come down to lower levels than this current week. Tomorrow being monday, and any possible non-retail traders involved (and bots) may see this as a weakening market and start to...