Verium is attempting to break above resistance area and if it is able to, then I see potential for a couple hour rally from the $17 starting line to $27 completion for a 64% increase.
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That didn't take long. We've broken above resistance. Now if we can break above the all time high around $18.30, we'll begin the rally.
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I'm not sure this one is going to break out for another 24-48 hours. On the 4h chart, ichimoku cloud doesn't rise until 24-48 hours from now. It could happen then. In the meantime it could be sideways or slightly down.
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This really looks sideways to me. Could HODL it for a few days if nothing better comes along in the mean time.
