After a perfect bounce, VANARY is struggling with 3 major resistance now. first the ~$0.03665 level; second, the trend line which is suppressing the bullish momentum for about 3 months; third, a bearish RSI divergence almost in all time frames. here's a trade setup:
Long it if it breaks ~$0.03665:
TP1: $0.042.
TP2: $0.05.
Short it if it beaks $0.033:
TP1: $0.03.
TP2:$0.027.
Long it if it breaks ~$0.03665:
TP1: $0.042.
TP2: $0.05.
Short it if it beaks $0.033:
TP1: $0.03.
TP2:$0.027.
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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.