$VIA So, I've been posting about this one lately and it made some nice profits for us already, as we see in the chart and if you joined us on the journey!
It's fighting a pretty big resistance right now, so there are some scenario's in play here.
Scenario 1: Drop down due to the red arrow to the earlier support trend line , making the ascending triangle before we move on.
Scenario 2: First line we'll see as support and jump up from there.
Scenario 3: Can't hold either of these lines and we'll fall back to around 28-30K.
My guess is that it's not over yet and we'll face the 40-41K zone pretty soon. Still some nice profits to be made.
It's fighting a pretty big resistance right now, so there are some scenario's in play here.
Scenario 1: Drop down due to the red arrow to the earlier support trend line , making the ascending triangle before we move on.
Scenario 2: First line we'll see as support and jump up from there.
Scenario 3: Can't hold either of these lines and we'll fall back to around 28-30K.
My guess is that it's not over yet and we'll face the 40-41K zone pretty soon. Still some nice profits to be made.