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Crypto_Ed
Aug 4, 2017 10:51 PM

Viacoin started leg 5 Long

Viacoin / BitcoinBittrex

Description

Wave 4 was a correction to the trendline and bounced nicely and was a typical "sell the news" after lots of hype for Segwit.
It seems to me that leg 5 has been started.
Broken out of downtrend, space for more upside. More good news coming and leg 5 may just be a zone for some natural correction.
SL below trendline for those who use SL in crypto ;-)

Comment

Update: adjusted the trendline a bit and it looks like its back in the uptrend, good recovery after that drop due to btc's sudden rise.
tradingview.com/chart/Z1iG7mSF/

Comment

wrong link above:
Comments
Attrition
That was sad :(
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