VTC trade idea for next leg
VTC is struggling a little bit with 23% fib. It's also over bought on 1 and 2 HR, signalling a bit of a pullback from here. Check out where I circled on the Stoch RSI. A couple of times it hit overbought on 1HR 95% and then pulled back to around 55-60% to load up for another run. I think it's going to do the same thing here.
Big signals telling me we are about to see a bigger run are that 2 HR MACD is just about to cross over, and 3/4HR Stoch RSI are still oversold but heading up. MADC on the 1HR pointing up too.
Pull back to refuel enough to break through the 23% Fib at 8.35k. Beyond that target another test of the 9.5k high and then beyond that 11.5k.
Don't FOMO, pick a good spot.
Big signals telling me we are about to see a bigger run are that 2 HR MACD is just about to cross over, and 3/4HR Stoch RSI are still oversold but heading up. MADC on the 1HR pointing up too.
Pull back to refuel enough to break through the 23% Fib at 8.35k. Beyond that target another test of the 9.5k high and then beyond that 11.5k.
Don't FOMO, pick a good spot.
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