VTHO - Looks like a good entry to me
The only VTHO that I currently hold is from staking VET, but that is about to change.
I'm seeing some upside movement, and am going to buy a small position.
The STOCH shows VTHO coming out of an oversold condition back on May 19th, and continues this trend.
VTHO is currently trading in the lower channel of the Bollinger band, which, isn't a bullish sign, so hopefully VTHO can rise above the SMA, which has a downward slope, another bearish sign.
But the MACD is showing an uptrend may be coming, so I'm going to gamble a bit and take a small position. I'm not predicting any crazy explosion, so there may be time to add more to this position, if it turns out that my assumptions are correct.
I'm seeing some upside movement, and am going to buy a small position.
The STOCH shows VTHO coming out of an oversold condition back on May 19th, and continues this trend.
VTHO is currently trading in the lower channel of the Bollinger band, which, isn't a bullish sign, so hopefully VTHO can rise above the SMA, which has a downward slope, another bearish sign.
But the MACD is showing an uptrend may be coming, so I'm going to gamble a bit and take a small position. I'm not predicting any crazy explosion, so there may be time to add more to this position, if it turns out that my assumptions are correct.
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