VIC -24%. The more it falls, the stronger the rebound—provided you didn’t step on any fundamental “land mines.”
The most recent candlestick closed green, indicating weakening bearish power.
The low point didn’t continue to move lower, suggesting that the selling pressure has largely been released.
Support is at 0.0285, and the first rebound target is 0.0596.
ATH is 19.7x. It’s fallen deep enough—so long as the project is still progressing, there’s a possibility of returning to higher levels.
After watching so many reversal scenarios, the biggest lesson is: reversals are never rushed—the ones who get impatient are the people waiting for the reversal. Waiting for the signal—three words—is what’s hardest to do.
$VIC $HEI
The most recent candlestick closed green, indicating weakening bearish power.
The low point didn’t continue to move lower, suggesting that the selling pressure has largely been released.
Support is at 0.0285, and the first rebound target is 0.0596.
ATH is 19.7x. It’s fallen deep enough—so long as the project is still progressing, there’s a possibility of returning to higher levels.
After watching so many reversal scenarios, the biggest lesson is: reversals are never rushed—the ones who get impatient are the people waiting for the reversal. Waiting for the signal—three words—is what’s hardest to do.
$VIC $HEI
