altchicasignals

VET ANALYSIS (SECOND ATTEMPT AT RESISTANCE)

BINANCE:VETBTC   VeChain / Bitcoin
VET ANALYSIS:

VET recently hit both T1 and T2 take profit spots! Congrats to those who followed thru with my previous post! VET dropped back down and is now again, a buy. Look for entry near 70 sats, and put targets back into place as followed: T1 at 77 sats, T2 at 81 sats, and T3 at 89 sats. VET is expected to make another run up at the daily resistance block. I would exit this trade upon entering the red zone as it is a known rejection area. 200MA held well as support and RSI and Stoch now have plenty of growth after the recent breather. The only downside is decreased volume, a possible double bottom at 60 sats is still in play, but not as likely. Look for a move back up towards T1 and T2.

Possible Entries: 68-71 sats

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.