🚀 Let’s analyze #VIRTUAL on the daily timeframe:
The general structure shows that since the beginning of last month, the coin has been gradually bought back - there has been an increase from $0.462 to $0.728, which already indicates the emergence of demand and a local change in mood.
This month I want to see a test of the upper zone (order block) in the area of $0.900.
From there we may well see a breakdown and continuation of the movement to $1.10, and with a strong impulse, even a test of the local high of $1.20.
⏬ But personally, I will wait for a test in the FVG area of $0.800 and after that a smooth decline to a more interesting zone with liquidity in the area of $0.550.
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Post #415
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