Technical analysis: . VECHAIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40. Trading suggestion: . The price is in a range bound and we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support...
The buying zone has been given.kindly do read the chart.
Technical analysis: VECHAIN/BITCOIN is in an up trend and Resumption of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 71. Trading suggestion: The price is in an up trend, but we forecast the uptrend would probably resume. There is possibility of temporary retracement to suggested support zone...
It has broken the triangle.