Looks extremely bullish to me. I'm expecting a reaction with the on set on Q4 from Oct 1st. If it doesn't break up expect it to 'dip' down to blue line support.
We dipped into the buy zone I pointed out in my last analysis and tested the lower resistance.
We have now broken out of our descending triangle to the upside. If this continues we can expect a new pattern to form.
All depends on BTC as always but pattern is appearing bullish.
MG
The Verasity team released news of their Notice Of Allowance For Second Proof Of View Patent today.
Sell the news will be happening; so I'm expecting short dip, but buys are set for the green zone. Anticipating big things from this project in the long term. This could go on a run at any point bags are already packed.
All depends on btc as always.
Good luck traders.
