Longing OVTZ from 0.914 to 8.02 Bullish Cup and Handle pattern Bullish Volume increase Bullish RSI divergence VPA 5 Triple Uptrend confirmation Taking profit around Fib 1.618 Usually Cup and Handle target is the depth of the cup added to the handle, but i will be taking profit around the previous peak of 8.3, because i'm expecting resistence there.
If Price holds with low RSI, Pump incoming. If Price falls with low RSI shortterm downtrend.
Price keeps hitting above 50k Major resistance at 50500, if it gets broken expecting a rally towards 51500. If rejcted, bounce back to 50k with subsquent break towards 49150.