ZOGRAS

Analytics VET/BTC

BINANCE:VETBTC   VeChain / Bitcoin
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The asset is young, with an ambitious goals to introducing cryptocurrency and blockchain into the real economy.
On the hourly chart, the first sales area is visible at the level of 0.00000208 -0.00000192. There have always been sales on a large volume in this zone. Opening long positions at this level is risky in the long term. The optimal entry points lie in the range of 0.00000173 - 0.00000167.
Trading volumes are falling at this moment, volatility is low, so it is difficult to intraday trade.
The next zone of active sales is 0.00000252-0.00000240, in the future it will become a strong zone of resistance.
Due to the low price of the asset, the risk of losses increases, the stop-loss should be calculated in percent according to the risk management policy. There are no strong support levels.
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