VECHAIN DAILY IN SHORT:
* If it the daily close like this you can see the price is testing 68 twice. Tweezer bottom, could indicate an local bottom.
* Also nice bullish engulfing if it close like this but there is some time left
* Golden cross still in play
* 50 ERMA & 200 EMA are put the pressure on the price from both sides what could indicate an hard push!
* Cup and Handle could be in play but be carfull with that
* What I don't like is the slope of the MACD moving averages
* Low Volume
* If it the daily close like this you can see the price is testing 68 twice. Tweezer bottom, could indicate an local bottom.
* Also nice bullish engulfing if it close like this but there is some time left
* Golden cross still in play
* 50 ERMA & 200 EMA are put the pressure on the price from both sides what could indicate an hard push!
* Cup and Handle could be in play but be carfull with that
* What I don't like is the slope of the MACD moving averages
* Low Volume
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.