VRMBTC currently in an upward channel following it nicely at this point.
RSI showing bearish divergence and MACD reset which indicates a bull run coming in near future.
Target around 90k satoshi, waiting a week or two
Verium is attempting to break above resistance area and if it is able to, then I see potential for a couple hour rally from the $17 starting line to $27 completion for a 64% increase.
Rough trend analysis on VRM. Looks like an ascending triangle, suggesting a continuation of the upward trend once the flat is broken above the current ATH. I'm estimating the target at a very rough distance from the beginning of the flag, so it could rise to $10 or as high as $25.
The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, falling wedges definitely slope down and have a bullish bias. However, this bullish...
