$VET 4HR TF
After breaking through, #VET has 2 4hr closes above .0809 and is testing it as support currently.
I have no new charts as I still have not got the time but just showing the progress VeChain is making currently.
RSI is overbought, can retrace to .069 - .0073
$BTC
Near perfect retrace back to the line bulls needed to overcome for a continued rally.
4HR TF RSI also did a full reset to oversold zone and has room to go.
I think the rally does continue based on this retrace if it 44.1 keeps holding.
$VET 4HR TF
After breaking through, #VET has 2 4hr closes above .0809 and is testing it as support currently.
I have no new charts as I still have not got the time but just showing the progress VeChain is making currently.
RSI is overbought, can retrace to .069 - .0073
$VET #VET
I still have this chart from back in December.
We fell out of the ascending channel and we did hit and settle at the 3rd support for some time. Right now we have .081 as the resistance to get through for further move to the upside.
After 4 swift rejection rejections(1st not showed), $BTC has had its 1st Daily close above 44.1K / this is still the line imo for continued relief for Bulls. Let’s see how we fair, RSI is at the 1st rejection but not in the overbought zone
This the 5th try
I haven’t been active at all. Sorry about that, it will be a while longer as well. Been pretty busy with life post graduation. I’ve had 1 line drawn on this chart for a couple months now and it’s the line bulls need to retake with conviction. They have not been able to however
Bear flags lead to despair, but bull flags lead to euphoria Mind you, I shaved off a good amount from the position; the rest is a bonus.
We could see a retest 39.7K, I'll drop the weekly $BTC update later.
Time to look at your request!
Price has so far held a critical support zone at $32.9K. To begin a bullish trend reversal, the price must break back above $44.6K.
The bears would like to see a price break below $35.5K
A failure @ 35.K opens 33K a failure will open the doors for $30k-28k.
$BTC #Bitcoin
$VET #Vechain
-Low volume push as well
-Close to resistance .0561 for potential short opportunity
-Could we be establishing a range? Yes but I don’t think it holds and we will see .023 - .038 soon enough.
-Starting to DCA around .05 is a good call imo. DCA not just go all in
-Potential for 38.3k before short opportunity.
-Potential for 40.5k(least likely with volume rn)… don’t fall for that push if it comes.
-33.5k/32.8k will be potential bounces for scalp longs.
-IMO we are bouncing from 3D 200sma and candle does have setup for 40.1K at 7D sma
@PublicHealthJoe Yeah a bounce at this prices is mostly for traders going long/short. If you are buying a bag then it might be good thing to wait for dust to settle or start DCA in. I think .023 is the lowest we will go