philipdinu

$VTC - RSI heavy oversold - Kumo Bounce

Long
philipdinu Updated   
BITTREX:VTCBTC   Vertcoin / Bitcoin
VTC is heavy over sold in the 1H zone, and 4 Hr appears to be in trending mode. Good buy opportunity here on the dip and bounce off the 1HR ichimoku cloud kumo.
Comment:
The lower red trend line is a possible 2nd entry point if the bounce doesn't hold.
Trade active:
VTC looks close to run:

Trade active:
Adding to the VTC position on the dip:

Trade active:
Trend continuation off the bounce:

Trade active:
Adding to position here:

Trade active:
H & S formation on support:

Trade closed manually:
Exiting VTC for now with this 30min Exaggerated divergence in play. Watching for lower entry.


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.