VeChain update with my opinions and what i plan to do if my opinions are correct:
Here is a closer look at the 1 day VET/USD chart:
While VET did have a nice move up from $0.0152 to $0.032, that impetus is gone and VET is now making Lower Highs and Lower Lows.
Notes:
VET is still in its Descending Channel Pattern.
VET is back in the Bearish Zone of the...
Dropping this idea for a good TV buddy here who was about to shart it.
I have no fundamentals atm, just pure TA and hopefully it plays out well for you.
Key Features :
1. Reverse Fib from High
2. 50/200 EMA's heading for convergence / cross over above
3. Pitchfork (theoretical) looking like it wants to fill the upper channel
4. Volume Profile looks a bit...
A Quick ADA Daily Chart Update:
ADA is safely in the Bullish Zone of the Ichimoku Cloud.
The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating short-term momentum is upwards.
The Ichimoku Cloud BaseLine (Kijun Sen) is indicating mid-term momentum is sideways.
ADA is well above its Ichimoku Cloud Conversion Line (Tenkan Sen) and Base Line (Kijun...
VeChain Update:
At the moment of typing this, VET is fighting to stay above its Ichimoku Cloud Conversion Line (Tenkan Sen).
The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating short-term momentum is still sideways. Remember that sideways ranging is done within a range and not at a constant level.
The Ichimoku Cloud Base Line (Kijun Sen) is indicating...
