VE-Chain... like most other alts is recovering nicely. My intention with this post is to show an Alt that is close breaking a more key level resistance and gain more than the average Alt-coin is atm.
From a technical perspective, we can see that it had a 5-wave correction followed by a break-out of a falling wedge. It's trying to establish a new trend. All indicators show room to grow and lean towards the positive side.
We will have to watch and monitor KING BTC. There are multiple ALT coins hugging key resistance levels. And if the day trend is down for BTC. A rejection of the resistance level can take place. Entry is around this region or on a thru break above and a touch of previous resistance. Rest of the info is shown on the chart. Goodluck
From a technical perspective, we can see that it had a 5-wave correction followed by a break-out of a falling wedge. It's trying to establish a new trend. All indicators show room to grow and lean towards the positive side.
We will have to watch and monitor KING BTC. There are multiple ALT coins hugging key resistance levels. And if the day trend is down for BTC. A rejection of the resistance level can take place. Entry is around this region or on a thru break above and a touch of previous resistance. Rest of the info is shown on the chart. Goodluck
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patience not in a bad spot
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Hit target 1 weel done
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Hold with stop-loss in profit
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looking for continuation
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break
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Target 2 hit