VTC/USD - Cup and handle confirmed, $1 next! 🚀

13 февр. 2021 г.

VTC broke the resistance of the cup and handle formation (look at 4h timeframe) as indicated by the 50% Fib line. What does this mean?

We are clear for higher levels! Volume is picking up, MACD is expanding, RSI is rising... bullish!

Moreover, on 4h timeframe we just did a positive cross on MACD... so expect some nice gains. Bias is very bullish.

Our target: aim for $1 as that is a key level to reach for VTC. There are some minor resistance lines on the way, but nothing too significant. Momentum is on our side this time! :)

If you want to buy VTC, I recommend Bittrex (BTC pair) or Bitvavo (EUR pair).

Buying VTC under $1 is a steal... so best to move quick because I don't believe we will be here long. You can also hold it for longer as our long term target is $12 (see below idea).

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