VeChain (VET) Update:
VeChain is safely above its 50EMA.
VeChain is above its Bollinger Bands Middle Band Basis which is a 20 Period SMA.
The Bollinger Bands Lower Band has moved up closer to the Middle Band indicating volatility has slowed and we may see some sideways ranging.
VET is still well within in the Bullish Zone of the Ichimoku Cloud.
VET is above...
BTC Daily Chart update on a neater chart than the last BTC chart i did.
First and foremost, we need to wait and see where this daily candle closes.
BTC is back above its Leading Span A (Senkou Span A) resistance and is now in the Bullish Zone of the Ichimoku Cloud. BTC needs to close THIS daily candle in this zone.
BTC is back above its Ichimoku Cloud Base Line...
i use pitchfork from the last 3 major pivot points and beside i use time Fibonacci and retracement Fibonacci to show the maximum time of candles growth in upward trend and use fibo retracement to show the zone correction.
UTKUSDT should continue the uptrend inside this channel after the test of the lower edge of the channel.
Utrust also retested February's strongest resistance as support and stays above it, this is a good sign of another uptrend move.
Remember my previous post that said “VeChain should be in your Longterm Portfolio”. Yeh! I wasn’t joking.
Unlike certain other crypto rises that shall remain nameless, VeChain’s rise really looks sustainable and has purpose. Yes there will be dips n retracements as that is the nature of trading but VeChain really does seem to be a different beast...
We are on PRZ&TRZ(H4). We can expect a reversal within the Daily Candle.
Pay attention to Pitchfork lines & Fibonacci.
We should be able to open Long positions.
Make sure you find the best Triggers and trade carefully.
6 Month VIEW
Well it looks like GME Broke down... for now... maybe. Even with "less" volume.
I gave my dates. go look at them.
My Wedge was made with the bottom support of a Pitch Fan and GME is out of the major Support trend. ...Still considering it a consolidation, and if we look back to mid april this is still a higher low.
*** if the pattern of down,...