VTC/BTC - Possible Future Moves, Room for Upwards Continuation

Still have a target for ~.00096. If you take a look at the chart, Vert broke out of a triangle, rallied, fell back onto the triangle, bounced, fell back to support at the .5 fib and is slowly keeping in this bullish channel. It could bounce around here for a few hours/day or so, but this is a crucial spot. It needs to find firm support and move towards the .786 fib, then possibly retrace a bit before going for the final target. If it breaks down below the .5 level and out of the bullish channel, things won't be looking so vertical for Vert.

Commentaire:

Vert broke back down into the triangle. Bitcoin is stealing the show.