VTC/USD - Recovering back to $0.25
VTC tested the major support at 0.14 which held and now we turned the local resistance at 0.16 into support and moved higher. Our next resistance/target is 0.25 which is also a Fibonacci 38.2% level.
If VTC manages to re-claim 0.25 level and push higher, we may see a nice recovery in price after we corrected sharply in late September from 0.4 level.
If we pass 0.25 our next immediate target is 0.37 corresponding to the last top and Fib 78.5% level.
If VTC manages to re-claim 0.25 level and push higher, we may see a nice recovery in price after we corrected sharply in late September from 0.4 level.
If we pass 0.25 our next immediate target is 0.37 corresponding to the last top and Fib 78.5% level.
📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
Related publications
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.