As you can see in the chart, TVIX has reached the point in which the short term resistance crosses with the long run support. What we see next will determine the next moves of TVIX's price. There are two possibilities to the future trends.
1) If the price drops below the support line prior to the intersection, we can expect extremely bearish behavior in the...
The ascending speed resistance fan line along with the Fibonacci arc intersect with the 23.60% Fibonacci retracement line, and $btc made a nice pullback if you can see the wick under all the stupid lines I put on the chart.
It is possible that the falling wedge is going to break out soon, since the OBV Shadow indicator along with volume show huge sell volume...
