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Retraced to 0.618 fib,.. Make or brake situation at this point. RSI looking good with no bearish signs.
Stochastic momentum should shift north,,
Could be ready for a nice run up..But right now, in this market anything can happen.
If stocks an do it, so can Bitoin...If neckline holds we have a nice new year.
Market made a Nice double bottem.. saw too much bleed already...
Also RSI on daily chart still in oversold territory.
Vet has seen very down days, in fact it dropt the most of most of the alts.
I expect another move upwards from here on out Target remains $0,02 !
Still a lot of bullish breakouts on the trend channel but can we go though $6800 and find support upon that level?
Only time will tell.
Maybe it's time to fly up a little bit..
I think it will respect its blue trend line.
Did some trading on this channel
We've had a nice three day rise in price, but now we are stalling... no entry point at this moment.
This is not financial advice nor is it a good representation of what actually might happen.
My estimate is that it would not go any lower than the $10.250 mark.
Facing long term downtrend resistance, if we break it... Anything is possible.
Keeping it nice between the RSI ready for next run