Neil coming in at number 23. Are you Thomas z, cash maker, ontology dogecoin recitation token, and now we had our tenth coin of the day. Our last kind of the day V chain coming in at number 33, so let's get over being technical analysis so pitching against BTC last we were saying that the chain was boogying down. You know the channel, so yeah and it's still boogying down. I don't know if this is already a stop or not stop from boogying down. Could we be in you know, could we be working on a move back to what's the upside? I don't know to be honest. The best case scenario is we get some sort of a sideways movement. Something like this. Alright for vision is Bitcoin to be honest, yeah. I would really really hope to get this kind of a chop at you know, because if this happens then very likely a reversal could be in the cuts for reaching against BTC. That would be the best absolute best case scenario, because I was for a while, and then we go back up by. I think the chain has a potential, definitely has potential to rise back up by very likely very likely doesn't mean it is going very likely by the end of summer or beginning of autumn fall yachting. The chain has potential to make the first move. The first boom move, normally I went boo season comes, there will be several coins.
I will make the first boom move and I think that the chain is one of those coins that has potential to make the first move it's. Just that you know we we just need to go on an accumulation period a little bit longer. First, before returning back to us, the upside it's gon na take several months very likely. So how long was this accumulation period yeah roughly in 99 days? I got 99 problems, but a bitch ain't one, so you might give you might have to give each in another three more months, yeah. So three more months now, as I April, it brought me yeah, probably by July. Maybe I summer we could really see some sort of a return move towards the upside, so yeah. You know the reason why we want to wait for a sideways movement is because potentially this could turn out to be a inverse here and show us, which means that, because you go much lower before coming back up so the thing is, we don't know yet. We'D love to see this sideways movement if it happens great, absolutely great, but yeah we're, just gon na be pitched it we're gon na wait for the B chain wheels and then once we see that and yeah, probably we make entries for BJ, but not until we See sideways movement, all right, let's, move on to vision against us DT, but before that, please give this video a like. If you enjoyed it subscribe to the channel – and let me know, shooting about beacon in the comments below so for vision against us, DT yeah.
This is a shooting star and shooting stars are reversal candlesticks. So again, it looks to me like the chain is moving up a channel, which is you know eventually going to break to us. The downside, because channels like this form, higher highs higher highs, higher highs, usually will result in double bearish divergence. We don't see it here, maybe in a smaller time frame we will be able to see it, but you know when there's a clear support line over here that has been touched several times, then very likely it will break to us the downside. There is no resistance line, no clear resistance line, right, yeah it's, not as clear. So what is a clear support line and it's a channel channels such as these rising channels are channels if clear support line the resistance line isn't. Exactly you know, resistance line should be like this no like bit but but yeah. The point is that very likely the break would be towards the downside. Eventually, I think that the chain should return back to us and on site first before seeing any upside, so I'm, not so sure what kind of a reverse watch a pattern: we're gon na get, you might get ascending triangles yeah. I forget ascending triangles that'd, be great there'll, be a bullish, chop pattern, and so we could be on our merry way to as the upside. But until that happens until we see a proper ascending triangle, we're not going to be making any moves until we are absolutely sure yes, but all for me, chaining is PDC things are I mean we are aware of the potentials but it's just that we do not Want to be rushing into any trick until we are absolutely sure all right.
I guess I see for my vision, technical analysis. Thank you very much for watching. I hope you enjoyed it.