#VVV Market Analysis
VVV is at 29.649 on the 4h, bouncing off the ascending trendline from mid September and pushing back toward the 31.000 resistance after pulling back from the 35.000 highs.
Bull case: hold the trendline and reclaim 31.000, opening a path back toward 33.000.
Bear case: lose the trendline near 28.000, exposing a slide toward 26.000.
Trendline holds, or does the pullback deepen?
➖➖➖➖➖➖➖
Bitcoin Bullets® Trading
VVV is at 29.649 on the 4h, bouncing off the ascending trendline from mid September and pushing back toward the 31.000 resistance after pulling back from the 35.000 highs.
Bull case: hold the trendline and reclaim 31.000, opening a path back toward 33.000.
Bear case: lose the trendline near 28.000, exposing a slide toward 26.000.
Trendline holds, or does the pullback deepen?
➖➖➖➖➖➖➖
Bitcoin Bullets® Trading