Correction is coming to OSEBX. RSI and MACD has formed a divergent to the price.
Vechian broke out from the sideway trend. I consider this as a very bullish signe. Fundamentals(VeChain co-op with China food agency and there's 130 partners) played a good role in this recent rally. The volume has been high, but if you trading this coin so be aware for short-term traders as they will soon start to accumulate there profits.
Bitcoin is momentally strong at the moment, but we need a close above 11000 to consider further gains. As long as bitcoin is traded under the sideway trend I believe its high risk for large dropp!
It's been volatily week for the crypto market. But in this post I will focus on Vechain. As you can see VeChain have tried to continou with the uptrend twice and both time failed to break 0.022 ++ level. Correlation between BTC and VET has increased signficantly in the last week. The correlation is reaching 1, that's mean the short term development in price will...
Vechain drops in same fashionable way as other alt coins, we need some serious buyings and a push above POC (the red line) to confirm any kind of bull. The correlation between BTC and VET have increased to 0,77. BTC may give some short term signe on Vechain price development.
BE aware for change in trend. EUR/NOK have good support at these levels. unexpected and noticeable weakning of NOK should lead to short -term correction.
Bitcoin found good support. I belive we are going higher. Resistent at around 12500.
IOTA still strong, and the uptrend is still valid. Lower top over few days should be considers as bearish, God luck!
XRP is showing similarly signe as recent break out. We need consolidation and large volum to archive a second break out. I think we are going up!
Some of the most popular crypto coins have performed way above traditional stock market. The return on these high popular coin have been over 200% YTD in some case.
Vetchain is forming a uptrend. be aware for a large selloff. large selloff or a technical revers will send vet back to the downtrend. Vechain recently announced co-op with Alibaba and Mastercard. should be very bullish.
waiting for the revers
Uptrend confirmed by ACC/DIS
Higher highs in last trading hours and doble bottom appears on RSI. Strong signe for more short-term upside
Selling pressure is coming. The price and RSI has formed a divergent.
The divergent on D- chart clearly shows that the development in price and RSI has formed divergent. I belive bitcoin is going to be in a bearish mood for some time.