VVV Just Came Back to the Level That Made It đ„
This pullback looks scary only if you ignore where price is actually landing.
đ„ Why I am watching
- VVV is correcting on the 3D chart.
- The drop is heading into the original ATH.
- RSI is falling at the same time, straight into its uptrend.
- That combo is the whole story for me right now.
đ The part that matters
- Old resistance often gets retested as new support.
- RSI cooling into a rising line can reset momentum without killing it.
- I only like the dip if both of those holds show up.
- A bounce with no hold is just noise.
đĄ Where I step back
- Bias: Long
- Trigger: original ATH holds with RSI still on its uptrend
- Invalidation: both supports fail and the retest turns into a breakdown
- Confidence: 63 percent
No confirmed hold, no trade. I would rather miss the first candle than buy a failed retest.
Are you buying this retest or waiting for the hold? đ
Tell me where you would place invalidation.
Not investment advice - research on your own! đ
$VVV
This pullback looks scary only if you ignore where price is actually landing.
đ„ Why I am watching
- VVV is correcting on the 3D chart.
- The drop is heading into the original ATH.
- RSI is falling at the same time, straight into its uptrend.
- That combo is the whole story for me right now.
đ The part that matters
- Old resistance often gets retested as new support.
- RSI cooling into a rising line can reset momentum without killing it.
- I only like the dip if both of those holds show up.
- A bounce with no hold is just noise.
đĄ Where I step back
- Bias: Long
- Trigger: original ATH holds with RSI still on its uptrend
- Invalidation: both supports fail and the retest turns into a breakdown
- Confidence: 63 percent
No confirmed hold, no trade. I would rather miss the first candle than buy a failed retest.
Are you buying this retest or waiting for the hold? đ
Tell me where you would place invalidation.
Not investment advice - research on your own! đ
$VVV