coinauthority_official

VIA/BTC (VIACOIN) TECHNICAL ANALYSIS AND PRICE FORECAST| FEB 16|

POLONIEX:VIABTC   Viacoin / Bitcoin
After breaking out of the downtrend channel making low of 13474 satoshis, VIA broke out and made a pretty solid upside movement making highs above 50k satoshis. Since then the price has been doing corrections and respecting 0.5 fibonacci level. RSI also looks to have found a bottom and now trying to reverse while MACD is also showing some bullish signals. Here's our trade setup :

ENTRY : 30K TO 35K SATOSHIS

STOP LOSS : 28K

TARGETS : 42K, 52K, 69K

ALL THESE TARGETS ARE FOR LONG TERM AND NOT FOR DAY TRADERS. SCALPERS CAN LOOK FOR OUR TELEGRAM LINK BELOW TO GET SIGNALS ON A DAILY BASIS.

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DISCLAIMER : THIS IS NOT A FINANCIAL ADVICE BUT THE BEST POSSIBLE PRICE FORECAST ACCORDING TO US. PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ACTIONS.

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GOOD LUCK! :)
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