VTC/BTC breakout of the triangle... potential uptrend starting!
Hello traders!
After a long 50 days or even more we finally saw a first canddle closing above DEMA 50. Now we can see a crossover of TEMA and a nice bullish STOCH and RSI on 4h.
We saw a nice breakout from a triangle that was ''generating tempo'' for a long time now.
The only thing bearish right now is STOCH on daily but that should be fixed with a bit of a straight movment market since the 0.382 Fibb and 50dema are too strong to break on downtrend in my opinion.
A.J.
After a long 50 days or even more we finally saw a first canddle closing above DEMA 50. Now we can see a crossover of TEMA and a nice bullish STOCH and RSI on 4h.
We saw a nice breakout from a triangle that was ''generating tempo'' for a long time now.
The only thing bearish right now is STOCH on daily but that should be fixed with a bit of a straight movment market since the 0.382 Fibb and 50dema are too strong to break on downtrend in my opinion.
A.J.