VTHO is in a sensitive state, the next few candles will determine the next trend, It made a new All Time High and pulled back on previous ATM (the first candle of chart) for 3rd time! If it stays above 0.013 for the next 2 candles, I will enter with 5% stop loss and 100% profit target, hopefully within 2 weeks. However this is not a financial advice and you...
Well it's a very simple and clear analysis without any strange indicators. I have to mention that the worst scenario is that price goes below the lower support line (likely around 1$) to reach 0.6$, so be careful!
First, this is just a thought, So DO NOT invest what you can not afford to lose! Second, There is an obvious divergence in price action that can result to a huge bullish rally. Third, always set stop loss, no matter what, A small profit it better than a big loss!
I'm not sure what happens next, but I see a pattern before each rally. I think we're still in uptrend. We'll see ...
Set stop loss to 2% and get on now!
- Long-term support line - 20d MA support on daily chart - Ichimoku buy signal on daily chart - increasing volume - Good looking MACD I think it's ready for a new ATH, Caution: It can break support line like NANO did today! set your Stop-Loss please!
SHIB has a strange behavior, it's a relatively new coin that has made it to #18 in coinmarketcap ranking (yesterday it was 28). Where is it going? I believe if it can break the triangle upward with acceptable volume it can go to the moon, but if the volume remains low ... We'll see what happens ...
This is absolutely not an investment idea, DYOR!