Today the whole market had a flash crash of 20% or more depending on the coin. VTC held quite well and has now recovered most of the loss.
This is good. Moreover, we touched the diagonal support which held well and we're above $0.65 cents. This level was an excellent buy zone for VTC long term.
Unless the market continues down, I expect VTC to reclaim its previous level and then attempt to crush the resistance at .80 cents which so far proved difficult to crack.
The indicators are turning bullish now and we should have a nice pump higher if the market allows. So watch BTC and ETH price action as they will dictate the direction here.
Bias remains bullish and congrats if you managed to buy VTC at $0.65!
Like and follow if you liked this idea! Also join my crypto community to stay in touch and watch my TA videos on YouTube!
This is good. Moreover, we touched the diagonal support which held well and we're above $0.65 cents. This level was an excellent buy zone for VTC long term.
Unless the market continues down, I expect VTC to reclaim its previous level and then attempt to crush the resistance at .80 cents which so far proved difficult to crack.
The indicators are turning bullish now and we should have a nice pump higher if the market allows. So watch BTC and ETH price action as they will dictate the direction here.
Bias remains bullish and congrats if you managed to buy VTC at $0.65!
Like and follow if you liked this idea! Also join my crypto community to stay in touch and watch my TA videos on YouTube!
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