Get started
SwallowPremium

VeChain(VET): Waiting For A Breakdown!

Short
VETUSDT Perpetual Contract (BYBIT:VETUSDT.P)  
SwallowPremium Updated   
BYBIT:VETUSDT.P   VETUSDT Perpetual Contract
Trend Analysis Chart Patterns Technical Indicators Exponential Moving Average (EMA) Support and Resistance support bollingerbandstrategy BTC Bitcoin (Cryptocurrency)
8
3
trendanalysis chartpattern indicator ema supportandresistance support bollingerbandstrategy btc bitcoin
Another coin that is looking promising is VeChain, where we are looking for a potential breakdown that would result in a nice downward fall in the market price.

We are going to look for a breakdown as long as we are below that 200EMA, so keep an eye sharp for this one!!

Swallow Team
Comment:
snapshot
While we are waiting for a breakdown of lower support, we are seeing another test happen at 200 EMA.

This could be a good entry for a potential short position here, but the main point of interest is still that lower support!
Comment:
snapshot
Vechain failed to show us the breakdown of lower support and went instead for the upper 200EMA, which is now secured by bulls.

There is a high chance of seeing upward movement from here now!
🚨 Authentic Mentoring
⚡️ Short-Term + Mid-Term Trades

Join our amazing team and be part of something bigger.
FREE: t.me/SwallowCryptoTeam
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.