Introduction:
Greetings to all cryptocurrency enthusiasts and investors. Today, we bring our attention to VeChain (VET). As we delve into the latest technical indicators, our focus is on the Accumulation/Distribution (A/D) indicator. However, we are also keeping an eye on the TRIX indicator, which from our previous analysis, we are waiting to cross the zero line...
Hello friends
As you can see, the price has hit the 0.382 area
It is a natural correction to be made
The 0.382 part shows the rising power, and even if it hits the 0.618 area, it is still an upward trend.
The final prices will reach the area of -0.13 and -027
And as he observes, after breaking $25,000, he will reach $26,710 with a four-hour candle
This...
YFI, everyone's favorite anomaly, is testing it's newly formed upward channel and the high liquidity area that has lead to multiple bounces in the past uptrend.
MACD is still bullish, though weakening ever so slightly. priority is still up.
RSI just left overbought, position is strong.
This could potentially be a good opportunity to get in on the next leg up,...
Reasons for a long at this position:
- Hasn't gone up as usual looking at the previous oversold RSI moments
- Favorable wave trend
- Currently at a support level that has held multiple times
- Has broken the resistance triangle it was
- Bullish divergence
Let me know if you've got feedback! Always eager to learn!
Thank you.
