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VeChain (VET) - April 11

BINANCE:VETUSDT   VeChain / TetherUS
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(VETUSDT 1W Chart)
Support: 0.06032-0.07967

If it falls from the support zone, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.


(buy)
- After confirming the support near 0.07967

(Stop Loss)
- When it falls below 0.06032 and receives resistance

(Sell)
- When receiving resistance near 0.11838
- When resistance is received in the range 0.15708-0.17643

There is a possibility that it will swing up and down in the 0.09134-0.10130 section, so you need to trade carefully.

A move towards the 0.11838 level is expected to lead to a surge.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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