BINANCE:VETBTC   VeChain / Bitcoin
VETBTC study on a 1 day chart-

RSI has bounced up from the oversold state
No structure in histogram or RSI
W%R heavily over sold
Bellow value on VPVR
Nice little gap at 163
VPVR doesn't look all that bad but price does need to fill the notch in between 125 and 160 sats

Ill be a risk taker hear and set a small bid at 101 sats. Im hoping more fear will stab VET down into last support area and for a nice bounce to fill in that gap
If my bid is triggered a very tight stop will be placed a few sats below last support

Don't forget to hit the like button or follow me on Trading View for more chart analysis :)



Comment:
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.