Trade recommendation: VIBE/BTC

٢١ يناير ٢٠١٨

Plenty of potential cup and handles showing on crypto market. Particularly VIBE appears to show a cup and handle formation. This combined with positive indicators on the RSI and MACD on the 1hr chart shows a bullish sign for new highs in the 24hr period.

٢١ يناير ٢٠١٨

ملاحظة

correction, sorry this is over the day to week period.

٢١ يناير ٢٠١٨

ملاحظة

Handle has had a breakout to the upside

٢١ يناير ٢٠١٨

ملاحظة

unfortunately the top resistance level, horizontal line across the cup has not been reached as yet, reflective of the FUD in the current BTC market.

٢١ يناير ٢٠١٨

ملاحظة

A bull flag appears to be forming after the breakout of the handle before potentially moving upwards to break the cup horizon resistance.

٢١ يناير ٢٠١٨

ملاحظة

notice the volumes on the pull back of the bull flag are very low.