Viacoin (VIA) Bullish Engulfing Pattern

5 thg 12, 2020

Here we have a very strong bullish candlestick pattern; bullish engulfing.

Today's candle engulfs fully yesterday's candle.

The open/low is lower than yesterday's close.
The close/peak today is higher than yesterday's peak.

Having today's candle close above 0.00001246 gives us the bullish engulfing pattern.
Needless today, we are very likely to meet this criterion as things are going.

Additional bullish signals on the VIABTC chart

• The trading volume is really high compared to previous days.
  
• The RSI is at 60+ and trading at its highest level since August 2020. Trading above all resistance.
  
• The MACD is clearly trending higher but still below zero (plenty of room left available for growth).
  

Finally, many altcoins have been consolidating and are getting ready for massive growth.

Viacoin (VIABTC) is just another one of those so be patient... It will take weeks and months to see the bullish action in full force.

Namaste.