VFC just broke above the 20-day moving average following a solid consolidation base. What caught my attention is the downside demark 9 signal that just printed—this typically suggests the current move has room to extend.
The setup looks pretty clean for a continuation play here. You've got the breakout confirmation from the base, the key moving average acting as support, and the technical indicator flashing fresh momentum. The confluence of these factors creates an interesting entry opportunity for those watching the chart.
Worth monitoring the price action on any pullback to that 20-EMA level—if it holds, you might see another leg up. This is the kind of textbook setup that traders love to see.
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BearMarketLightning
· 15h ago
Starting to hype after breaking the 20-day moving average? I think there's more downside after breaking below... As for the Demark 9 signal, honestly, it's hard to say how reliable it is.
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BearMarketHustler
· 15h ago
vfc's recent breakdown is okay, but I need to double-check Demark 9; it has tricked me several times before...
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CryptoWageSlave
· 15h ago
Breaking below the 20-day moving average, the Demark signal has also appeared. This textbook-like trend is indeed a bit hard to sustain.
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SigmaBrain
· 15h ago
vfc this wave definitely has some potential, as soon as the Demark signal appeared, I knew there was still hope
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LostBetweenChains
· 15h ago
Did the 20-day moving average break? This continuation is indeed quite good.
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BoredApeResistance
· 15h ago
The 20-day moving average has broken, and the Demark signal has also appeared. This wave is indeed quite interesting... However, whether the pullback to the EMA can hold is the key, and I'm a bit nervous.
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GateUser-addcaaf7
· 15h ago
Is the demark9 signal really reliable? It feels like a place where many people get together to cut profits.
VFC just broke above the 20-day moving average following a solid consolidation base. What caught my attention is the downside demark 9 signal that just printed—this typically suggests the current move has room to extend.
The setup looks pretty clean for a continuation play here. You've got the breakout confirmation from the base, the key moving average acting as support, and the technical indicator flashing fresh momentum. The confluence of these factors creates an interesting entry opportunity for those watching the chart.
Worth monitoring the price action on any pullback to that 20-EMA level—if it holds, you might see another leg up. This is the kind of textbook setup that traders love to see.