This analysis is an update to the previous analysis linked in the related publications section.
If you've been following us, you know that we caught a great trade and position on VVV, and the price reversed upward precisely from our take profit level.
At the moment, VVV appears to be forming a bearish Head and Shoulders pattern. Since we also have a bearish Change of Character (CHoCH) on the chart, a significant drop could occur if price fails to close a candle above the ATH. Therefore, a short setup on VVV may present a favorable opportunity.
Be sure to enter only within the marked supply zone. Also, due to the wide trading range and high volatility of this coin, proper risk management is essential.
The targets are marked on the chart. Once TP1 is reached, move your stop loss to break-even.
A daily candle close above the invalidation level will invalidate this analysis.
If you would like us to analyze a coin or altcoin for you, first like this post, then comment the name of your altcoin below.
What is your opinion about VVV?
If you've been following us, you know that we caught a great trade and position on VVV, and the price reversed upward precisely from our take profit level.
At the moment, VVV appears to be forming a bearish Head and Shoulders pattern. Since we also have a bearish Change of Character (CHoCH) on the chart, a significant drop could occur if price fails to close a candle above the ATH. Therefore, a short setup on VVV may present a favorable opportunity.
Be sure to enter only within the marked supply zone. Also, due to the wide trading range and high volatility of this coin, proper risk management is essential.
The targets are marked on the chart. Once TP1 is reached, move your stop loss to break-even.
A daily candle close above the invalidation level will invalidate this analysis.
If you would like us to analyze a coin or altcoin for you, first like this post, then comment the name of your altcoin below.
What is your opinion about VVV?
Operación cerrada manualmente
The bearish outlook on VVV played out as expected, but the price never reached our entry zone.
🔥 High profit futures and spot signals are published only on our Telegram
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🔥 We provide signals and analysis on Telegram hourly and daily
t.me/iMoney_T
🔥 Exclusive signals are only published on our Telegram channels.
t.me/iMoney_T
🔥 We provide signals and analysis on Telegram hourly and daily
t.me/iMoney_T
🔥 Exclusive signals are only published on our Telegram channels.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
🔥 High profit futures and spot signals are published only on our Telegram
t.me/iMoney_T
🔥 We provide signals and analysis on Telegram hourly and daily
t.me/iMoney_T
🔥 Exclusive signals are only published on our Telegram channels.
t.me/iMoney_T
🔥 We provide signals and analysis on Telegram hourly and daily
t.me/iMoney_T
🔥 Exclusive signals are only published on our Telegram channels.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.