Long view on VTC. Overall strong uptrend. Notice the strong rejection of dips to MA 1,2 &3 with returns to new highs. Currently testing support on MA1. IF BTC has another bull-run we could get a drop to MA2 over the weekend. IF BTC then crashes with the opening of the futures markets that could push price down to MA3 ($1-2 range!). In such a scenario there could be some serious buying pressure...
It goes without saying that the above is an idea and should not be considered as financial advice.
Note
Correction may be over now. Let us proceed to $50 VTC.
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.