ForecastCity
Long

There is a possibility for the beginning of an uptrend in VETETH

BINANCE:VETETH   VeChain / Ethereum
Technical analysis:
. Vechain/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While the price uptrend in the daily chart is not broken, bullish wave in price would continue.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00003800 to 0.00003480). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00003800)
Ending of entry zone (0.00003480)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:

Take Profits:
TP1= @ 0.00004300
TP2= @ 0.00004700
TP3= @ 0.00005390
TP4= @ 0.00006060
TP5= @ 0.00007690
TP6= Free
http://www.ForecastCity.com

★ For having access to the latest forecasts at the time they publish, the latest NEWS, and many other privileges, please subscribe to the ForecastCity.com
REKT
+1 Reply
@vx7777, thanks for your comment
Reply
I also was thinking of the beginning of an uptrend in VETETH. Thanks for the good TA.
+1 Reply
@fxniki, You're welcome!
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out