π Paradisers, #VANRY is indeed a coin worth monitoring closely.
π Its successful breakout from the descending channel pattern indicates a bullish momentum for VANRY's movement. The current retesting phase at the demand level around $0.157, coupled with a bullish candle rejection, suggests a potential continuation of the upward movement.
π If this scenario unfolds, VANRY could target the resistance zone between $0.21 - $0.228. Breaking above this area would be crucial for sustaining upward momentum and potentially reaching our target strong resistance area.
π However, if VANRY fails to break above the resistance and experiences rejection, there's a possibility of retracement back to the demand area or even towards the Bullish OB area to gather momentum for another attempt at breaking the resistance.
π The bullish invalidation would occur if VANRY confirms a daily candle close below $0.1085. Such a development would signal a shift in sentiment towards bearishness, potentially leading to further downward movement.
MyCryptoParadise
iFeel the successπ΄
π Its successful breakout from the descending channel pattern indicates a bullish momentum for VANRY's movement. The current retesting phase at the demand level around $0.157, coupled with a bullish candle rejection, suggests a potential continuation of the upward movement.
π If this scenario unfolds, VANRY could target the resistance zone between $0.21 - $0.228. Breaking above this area would be crucial for sustaining upward momentum and potentially reaching our target strong resistance area.
π However, if VANRY fails to break above the resistance and experiences rejection, there's a possibility of retracement back to the demand area or even towards the Bullish OB area to gather momentum for another attempt at breaking the resistance.
π The bullish invalidation would occur if VANRY confirms a daily candle close below $0.1085. Such a development would signal a shift in sentiment towards bearishness, potentially leading to further downward movement.
MyCryptoParadise
iFeel the successπ΄
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