Looking at a potential 2nd consecutive Pennant top which would confirm continuation of a bullish trend. I would expect a local high here soon, if it has not already occurred (the flag pole) on the 12th. The main channel continues to trend upwards slowly over time as cyclic trading occurs within. Overall this is a very healthy sign and like the previous pennant I would expect some consolidation in the future.
As always, trade your own account. I am not any Market maker or any professional trader, I offer you no delusions of grandeur or false promises. Instead I just share what I see, and what I think.
Aside from the trading aspect, if you are unfamiliar with the Vericoin Project below are some useful resources.
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