ViaCoin is looking to go upwards according to the daily channel. It bounced off a strong support level at 00017000 and both daily and weekly candle chart show an upward trend. The 24 hour volume while making this analysis is 244.67 BTC, this and the other indicators tell me that there is room for GROWTH.
So I am opening a LONG position with a stop loss 20% under my buy in.
Trade Active: 00038000
Target (Based on my own view):
00043000
Trade active
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I forgot to mention that the ATH of this coin is approx at 0008000 but the uptrend isn't steep enough reach that price soon. So remember the position is LONG.
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RSI is overbought on the 4 hour chart!
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Via bounced of the support line in the upward Channel. Still holding