AlanSantana

BLOCKv Challenges EMA50, Over 240% Possible If It Breaks

Long
BITTREX:VEEBTC   BLOCKv / Bitcoin
VEEBTC (BLOCKv) just hit 12 satoshis for the first time since 4-March, this can be something good as it can become meaningless, but most likely good when you take into consideration the following signals:

BLOCKv Chart Signals by Alan Masters
  • First we have the 12 satoshis hit (0.00000012).
  • At the same time, this level is also a break of EMA50.
  • Trading volume is going above-average.
  • Many altcoins already printed their bottoms and confirmed a bullish breakout.

The indicators are also looking good.
The RSI is at 54 while the MACD is trending up with bullish divergence showing with VEEBTC .

As you can see, prices can easily increase for VEEBTC .

Namaste.
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