I see a possible double bottom formation on the weekly time frame - if this goes through EBON can see a target of $5.60.
The monthly chart shows this. If Bitcoin gets supported on the zone then can hit $100k.
These supports are just a coincidence? What out the possible entry points.
Have not seen a clear uptrend than this - $EBON showing signs ;)
We need to get above the demarcated points to be able to make ATHs.
EBON definitely looks bullish since the $2.37 and holding very well on AVWAP - now EBON is in a range of $3.30--$3.70 , and looking like if it breaks above the $3.73 and gets supported there then the next profit taking level could be $4.18.
This can be helpful to have an idea about the trend lines - Bitcoin had alarmed about the bear market before with two Bearish Rising Wedge patterns. I think that bear market power is going to finish soon - there is a strong support line at $32000 and if btc brokes the current downtrend line then there can be a big jump. (no financial advice - only my thoughts)
There is going to be a bullish move soon ;) Happy to hear your thoughts on this.
Currently, price is inside the channel - the resistance is at fib 0.618 - if the price stays inside the channel and breaks the resistance level, we can see a strong uptrend.
There could be a high probability break out for Vechain.
There are two scenarios for Vechain in my opinion. (No financial advice).