VTHO is back above its Bollinger Bands Middle Band Basis 20 Period SMA for this 1d timeframe. Note that the Upper and Lower Bands are moving sideways and have plenty of room to expand.
VTHO is still above its Least Squares Moving Average (LSMA) for this 1d timeframe.
VTHO is still above its Volume Profile Fixed Range Point of Control (VPFR POC) for the Fixed Range of 5x daily candles i have elected.
At the moment, VTHO is still below its Volume Profile Visible Range Point of Control (VPVR POC) for this chart’s Visible Range.
Note that Volume has been increasing but the last 13x Volume Bars have closed below its Volume 20 Period MA.
If we look at the Moving Average Convergence Divergence (MACD) we can see that the MACD Line (Blue Line) is still above its Signal Line (Orange Line) and is indicating Momentum is upwards at the moment on this 1d timeframe. Note that the MACD Line (Blue Line) still has a long way to go before crossing back over the 0.0 Base Line back into the Positive Zone.
If we look at the Stochastic Indicator (STOCH) we can see that the %K Line (Blue Line) is above its %D Line (Orange Line) and has now crossed into the Overbought Zone. Being in the Overbought Zone doesn’t mean the %K Line will drop as it can go slightly higher and even range sideways within a range in the Overbought Zone for a prolonged period of time.
If we look at the Average Directional Index (ADX DI) we can see that Negative Momentum has dropped with the -DI (Red Line) dropping to 21.60. Positive momentum has risen but is now slightly sloping down at 18.40. Not that the Trend Strength is still strong with the ADX (Orange Line) at 25.26 but note that the ADX (Orange Line) has dropped below its 9 Period EMA (Black Line) which is at 26.86 so the ADX has lost some Trend Strength but its still good because the ADX is still above the 20 Threshold. Be on the lookout for when the +DI (Green Line) crosses back ABOVE the -DI (Red Line) which will indicate that Positive Momentum is now dominant over Negative Momentum on this 1d timeframe.
Here is a wider view of this VTHO 1d chart:
Note that VTHO is in a Massive Symmetrical Triangle Type Pattern on this 1d timeframe.
I have added a few Support and Resistance Areas of interest indicted by Horizontal Black Lines with yellow Shading. At the moment VTHO is trying to get back above its first resistance area. A successful close above this level will be a very good sign for continued upwards momentum.
I hope this is helpful with your trading and hodl-ing,
Notes:
LSMA = Black Squiggly Line on chart
Bollinger Bands = Grey Bands on chart
VPVR POC = Long Horizontal Red Dotted Lines on chart
VPFR POC = Short Horizontal Red Dotted Lines on chart
Resistance and Support Area = Horizontal Parallel Lines with Yellow Shading on chart
VTHO is still above its Least Squares Moving Average (LSMA) for this 1d timeframe.
VTHO is still above its Volume Profile Fixed Range Point of Control (VPFR POC) for the Fixed Range of 5x daily candles i have elected.
At the moment, VTHO is still below its Volume Profile Visible Range Point of Control (VPVR POC) for this chart’s Visible Range.
Note that Volume has been increasing but the last 13x Volume Bars have closed below its Volume 20 Period MA.
If we look at the Moving Average Convergence Divergence (MACD) we can see that the MACD Line (Blue Line) is still above its Signal Line (Orange Line) and is indicating Momentum is upwards at the moment on this 1d timeframe. Note that the MACD Line (Blue Line) still has a long way to go before crossing back over the 0.0 Base Line back into the Positive Zone.
If we look at the Stochastic Indicator (STOCH) we can see that the %K Line (Blue Line) is above its %D Line (Orange Line) and has now crossed into the Overbought Zone. Being in the Overbought Zone doesn’t mean the %K Line will drop as it can go slightly higher and even range sideways within a range in the Overbought Zone for a prolonged period of time.
If we look at the Average Directional Index (ADX DI) we can see that Negative Momentum has dropped with the -DI (Red Line) dropping to 21.60. Positive momentum has risen but is now slightly sloping down at 18.40. Not that the Trend Strength is still strong with the ADX (Orange Line) at 25.26 but note that the ADX (Orange Line) has dropped below its 9 Period EMA (Black Line) which is at 26.86 so the ADX has lost some Trend Strength but its still good because the ADX is still above the 20 Threshold. Be on the lookout for when the +DI (Green Line) crosses back ABOVE the -DI (Red Line) which will indicate that Positive Momentum is now dominant over Negative Momentum on this 1d timeframe.
Here is a wider view of this VTHO 1d chart:
Note that VTHO is in a Massive Symmetrical Triangle Type Pattern on this 1d timeframe.
I have added a few Support and Resistance Areas of interest indicted by Horizontal Black Lines with yellow Shading. At the moment VTHO is trying to get back above its first resistance area. A successful close above this level will be a very good sign for continued upwards momentum.
I hope this is helpful with your trading and hodl-ing,
Notes:
LSMA = Black Squiggly Line on chart
Bollinger Bands = Grey Bands on chart
VPVR POC = Long Horizontal Red Dotted Lines on chart
VPFR POC = Short Horizontal Red Dotted Lines on chart
Resistance and Support Area = Horizontal Parallel Lines with Yellow Shading on chart