VET Big Symmetrical Triangle rebound
VET/USD (Daily)
Bullish Case
- Uptrend Support Line being held, seem to have found Support between $0.07-0.08 area which is previous supports and range for a while now.
- Symmetrical Triangle intact.
- MACD/Signal and Histogram reversing
- RSI low and reversing.
- Bullish Divergence with RSI.
- Market Cipher B shows a Big Bullish push-up with a print of multiple Green Dots printed at the lows.
Bearish Case
- Can see further drops to the next lows at $0.055-0.06
Thoughts?
Bullish Case
- Uptrend Support Line being held, seem to have found Support between $0.07-0.08 area which is previous supports and range for a while now.
- Symmetrical Triangle intact.
- MACD/Signal and Histogram reversing
- RSI low and reversing.
- Bullish Divergence with RSI.
- Market Cipher B shows a Big Bullish push-up with a print of multiple Green Dots printed at the lows.
Bearish Case
- Can see further drops to the next lows at $0.055-0.06
Thoughts?
Nota
Looks like we have found our temporary bottom, we are now retesting previous support now turned resistance at $0.095, if we break through the next zones should be all the fib areas as shown.
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.