VTC BTC BITTREX 4 HOUR TIMEFRAME MIXED FEELINGS
Updated
VTC/BTC BITTREX 4 HOUR TIME FRAME. Los Angeles 4:25PM.
Current View:
VTC broke out of the Ichimoku cloud showing healthy signs for an uptrend. Currently VTC is in a triangle pennant which is a 54% upward & 46% downwards probability. Breakout is 74% likely to happen.
What to look for:
RSI needs to stay above the 60 to remain bullish and if RSI breaks out 70, we could see a break in the purple triangle upwards.
If RSI fails:
If RSI fails to keep up there is a bearish continuation trend for VTC. Most likely short term - compared to the overall bullish trend if you zoom out.
Current View:
VTC broke out of the Ichimoku cloud showing healthy signs for an uptrend. Currently VTC is in a triangle pennant which is a 54% upward & 46% downwards probability. Breakout is 74% likely to happen.
What to look for:
RSI needs to stay above the 60 to remain bullish and if RSI breaks out 70, we could see a break in the purple triangle upwards.
If RSI fails:
If RSI fails to keep up there is a bearish continuation trend for VTC. Most likely short term - compared to the overall bullish trend if you zoom out.
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