Vulcan Forged (VF) is a blockchain game studio and NFT marketplace. They are the makers of VulcanVerse.
'Okay Mikey, but wtf is VulcanVerse?'
- its a huge open world multiplayer RPG game.
'Okay what's VF's token (PYR) used for?'
- fees for marketplace settlement
- staking in vulcanverse land + other assets
- upgrading and sustaining game asset levels
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Interesting day this Friday. But fear not, it's simply come to the end of the structure, which funny enough was when a small pullback is due. This means it has now finished its structure and is awaiting to form a new one. Due to the bullish nature, and the levels of support, we can expect no more than a small drop before a rally to 1780. Hold strong, Hedge if needed.
clearing have broken and trading above quarter points and have a deep C retrecemnt which will lead us to a shorter D retracement at -.27 which coincides with a MAJOR QP. trendiness have been broken on lower time frames to confirm. Bullish engulfing with minimal draw back would be even more confirmation.
MFI reading overbought; MA Line looks to be leaving bollinger bands, indicating a small reversal. This leads me to confirm support @ ~9500. (pink line)
Broke under Ichimoku Cloud, downtrend should continue to test support. If pink support line is broken, will test bottom of Ichimoku Cloud.