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VeChain - Compressing and getting ready for a breakout

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I am still new at this, so take my ideas with a grain of salt. NONE OF THIS IS INVESTING ADVISE!

On the 1 hour chart, it looks like the volume has been dropping and the price is compressing. MACD is moving through a tighter range as well. It looks like this is getting set up for a breakout. Based on the upcoming rebranding, I am hoping it will be a bullish one, but we shall see. Any major swings in BTC will likely influence it, though it has seemed a bit more stable than some of the other altcoins.

Feel free to add your insight.
Not
Breakout occurred!

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.