In this market update, we will discuss the recent price action of VETUSDT, which has potentially completed the Right Shoulder of an Inverse Head and Shoulders (ISHS) pattern which could signal a bullish reversal if the neckline is broken.
Talking about Inverse Head and Shoulders Pattern, the pattern consists of three troughs, with the middle trough (the Head) being the lowest and the two outer troughs (the Shoulders) being shallower. A break above the neckline, which connects the highs of the two shoulders, would confirm the pattern.
The accumulation zone in the demand area presents a potential buying opportunity for investors looking to benefit from the potential uptrend.
Keep an eye on the neckline breakout and the target price of 0.06833 to gauge the future price action of VETUSDT.
This market update is for informational purposes only and should not be construed as financial advice. Cryptocurrency investments are highly volatile and carry significant risks. Do trade wisely.
Talking about Inverse Head and Shoulders Pattern, the pattern consists of three troughs, with the middle trough (the Head) being the lowest and the two outer troughs (the Shoulders) being shallower. A break above the neckline, which connects the highs of the two shoulders, would confirm the pattern.
The accumulation zone in the demand area presents a potential buying opportunity for investors looking to benefit from the potential uptrend.
Keep an eye on the neckline breakout and the target price of 0.06833 to gauge the future price action of VETUSDT.
This market update is for informational purposes only and should not be construed as financial advice. Cryptocurrency investments are highly volatile and carry significant risks. Do trade wisely.
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BEWARE OF FAKE CHANNEL & SCAMMER🎯
Official Channel: t.me/+m0IACMn0ul03OTFk ✅
REAL Weslad: t.me/WESLAD ✅
For premium Zone: t.me/wcsepayment ✅
@WESLAD WILL NOT SEND YOU MESSAGE FIRST. ❌