Here is a quick technical analysis of VTHO a few things I can point out using the indicators the standard indicators on here. I added RSI to point out one level there.
*This is a 1 day time frame and these indicators and will change if you are looking at hours or so on and want to make day trade movements.*
First, lets look at RSI 14. Notice that whenever we rise above 60 we generally make a significant jump. I have circled this on the RSI line. We are edging up closer to that 60 as we speak and will be interesting to see if the same thing happens. Current RSI is at 52.
Also, I have indicated a few levels of support/resistance (within range, give or take a few). It looks like we hold really nice at .0175, however below that is .0147, or .0138. Above we look to break and stay above .0199.
If you are not familiar with VET, I encourage you to read the white paper here:
Thanks for the analysis! Any price predictions on VTHO in respect to VET?
dustyPH
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@dantje7, thank you! And it is interesting because they do seem to move together, at least more recently for the most part. I will see if I can make a chart with VET and VTHO side by side and point out comparison... would be an interesting technical analysis to work