VIB *LONG* Possible Cup and Handle Formation
Obviously the handle formation is a bit exaggerated by the recent BTC run, but we have the makings of a cup and handle formation.
RSI and Macd provide possible confirmation of possible reversal.
Pending orders will want to be placed at a break of the neckline indicated in red. First target noted by green line.
Market is very fickle right now, so take profits when they are presented or just buy and hold!
RSI and Macd provide possible confirmation of possible reversal.
Pending orders will want to be placed at a break of the neckline indicated in red. First target noted by green line.
Market is very fickle right now, so take profits when they are presented or just buy and hold!
Trade active:
Got our breakout. This looks like it's going to go up much higher and quickly.
Still on course barring any funny business. RSI and MACD on the hourly looking very good for the launch. Buying volume increasing.