VETBTC point of change for this coin.
The things I like about this coin
- Sell volume is slowing
- Descending wedge indicating potential reversal
Questionable indications
- Bouncing below 50 RSI unable to break above this resistance
- 9 day moving average not in support
- MacD not crossing over anytime soon
- Larger downtrend line must be broken before confirmation of a continued up trend
All in this coin is still has a ways to go before convincing me of a trade, there may still be some down to go as the present resistance is not a strong one.
That's my take, not trading advice just some observations.
- Sell volume is slowing
- Descending wedge indicating potential reversal
Questionable indications
- Bouncing below 50 RSI unable to break above this resistance
- 9 day moving average not in support
- MacD not crossing over anytime soon
- Larger downtrend line must be broken before confirmation of a continued up trend
All in this coin is still has a ways to go before convincing me of a trade, there may still be some down to go as the present resistance is not a strong one.
That's my take, not trading advice just some observations.
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.