VIB was my favorite coin to trade for a long time before this recent dip. It seems now like it has found the bottom and started to rally.
An inverse head & shoulders pattern, followed by what looks to be a possible Elliot wave pattern now forming.
If this support at 1243 holds, we may see a bounce up to retest the weekly downtrend line and the weekly resistance which is just above the trend.
Looking for a bullish engulfing off this support level for confirmation.
An inverse head & shoulders pattern, followed by what looks to be a possible Elliot wave pattern now forming.
If this support at 1243 holds, we may see a bounce up to retest the weekly downtrend line and the weekly resistance which is just above the trend.
Looking for a bullish engulfing off this support level for confirmation.