VTHOUSDT Potential reversal trend on Weekly Chart LONG
Hi everyone
Weekly"
Possible trend reversal from down trend if we can get to break out from Symmetrical Triangle.
There is local resistance at around $0.1 If we can over come this point we could be looking up to a reversal all the way to $0.2
Also Stoch RSI crossed up on over sold area. (After a few months now) This is a strong sign of having had reached bottom on down trend and now just looking to come back up.
ALWAYS look for extra confirmation on any trade, Anything like a bullish candle such as the one we can see here "green Inverted hammer'
Happy trading people
(No financial advice)
DISCLAIMER
The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research. Always do your own analysis and research and be aware of the risks involved in trading any financial product :)
Weekly"
Possible trend reversal from down trend if we can get to break out from Symmetrical Triangle.
There is local resistance at around $0.1 If we can over come this point we could be looking up to a reversal all the way to $0.2
Also Stoch RSI crossed up on over sold area. (After a few months now) This is a strong sign of having had reached bottom on down trend and now just looking to come back up.
ALWAYS look for extra confirmation on any trade, Anything like a bullish candle such as the one we can see here "green Inverted hammer'
Happy trading people
(No financial advice)
DISCLAIMER
The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research. Always do your own analysis and research and be aware of the risks involved in trading any financial product :)