SkyRockSignals
Long

VETBTC analysis + Signal + Discount promo codes

BINANCE:VETBTC   VeChain / Bitcoin
Good evening, Dear Subscribers!

Past month there were few signals and analyses due to market conditions and we had to post them in Premium channel only. Recent successful series of signals show that market seems to start recovering. Number of strong trading ideas grew significantly past week. Today we start sharing some of analysis with public here on TradingView again :)


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Technical analysis:
It has been noticed that BTC gains power and slowly crawls upward while Alts demonstrate times faster growth. Vechain seems to lag behind in this rally, however it reached Fib 1 retracement level and global bottom. The most important is that we see a third fractal breakout from descending crossed trend line . The price is above EMA50 (Blue line) confirms the reverse. Stoch RSI is in overbought area, however volume goes up, while MACD is Bullish .

VET broke a large falling wedge that lasted almost a month. The price crossed Ichimoku red cloud resistance. EMA20 holds a dynamic support, RSI is in uptrend.

Overall: indicators shows possibility of a large growth we recommend to hold VET for several weeks

The next important resistance is around 0.00000126, then long term consolidation will finish and bull run will start


Signal:
Buy zone: 0.00000103-112
Sell targets:
0.00000126
0.00000154
0.00000181
Stop loss:
0.00000097
Trade active: The price moved to the buying zone and bounces
Comment: From the lower part of our buy zone 0.00000107 the price went up to 0.00000125

Potential profit if you sold around our 1st target is 16.8%
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