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VCash VS Bitcoin Strength

VCash managed to break above the 200 Moving Average after finding the support at 3500 satoshi. At the same time price broke above the downtrend trendline, suggesting the beginning of the uptrend.
On a corrective wave down after the resistance breakout, price returned to test 4700 satoshi support, where the downtrend trendline was rejected, this time acting as a support. The trend seems to be changing from sideways to bullish and price could jump towards 14k satoshi resistance. At this price two Fibonacci are inline, the 172.2%, and 361.8% applied to the last corrective wave down. Break above the upside target should result in further growth. At this time only a break and close below the 35k satoshi support could invalidate bullish outlook.
On a corrective wave down after the resistance breakout, price returned to test 4700 satoshi support, where the downtrend trendline was rejected, this time acting as a support. The trend seems to be changing from sideways to bullish and price could jump towards 14k satoshi resistance. At this price two Fibonacci are inline, the 172.2%, and 361.8% applied to the last corrective wave down. Break above the upside target should result in further growth. At this time only a break and close below the 35k satoshi support could invalidate bullish outlook.
註釋
VCash slowly moving upwards, could go exponential soon手動結束交易
Closed at 8k with profit交易進行
Opened at 6k註釋
First major resistance 0.00012取消訂單
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。