Breakout and Retest done . Neo will sure moon like SOL and ADA did when broke out of a pattern similar to this chart .
Yesterday , I posted this chart and within few hours $GTC started picking up heat even in a choppy market , now we can expect a retest of the previous resistance. On a successful retest , the resistance will turn into support and it is good to add to your positions in the fib range 0.382,0.5,0.618 , I will be adding in these three spots by splitting up , stop loss...
Theta facing so many resistacne above it and has to break all of it in the upcoming months , it will be a hard time for Theta to do it , local resistance is t 7.9-8.5 , I can't see any clear price discovery happened to theta in the short term after the triangle break , Triangle breakout also lacks volume , be careful before taking a trade too soon
Vechain forming potential Ascending triangle pattern same as Gitcoin , break of the resistance mentioned above can take it further up and soon in retest price discovery can also happen , (Note : Keep an eye on BTC as well as it's highly corelated)
Watch this closely for a couple of days , you can expect a trend direction soon when price discovery happens either side
ADA printing Cup and Handle in 4 hour chart , but be careful , divergence doesn't seem quite good in ADA