VeChain (VETUSD) is making this week (1W) a triple bullish break-out as it broke above December's Resistance, the Bear Cycle's Lower Highs trend-line that started on the April 2021 All Time High (ATH) and the 1W MA100 (orange trend-line), which is the first time above it ever. A closing above the latter, confirms the beginning of a new long-term Bullish Phase for...
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Hi Traders, VETBTC on H4 might go down for the retest at around 0.00000196 before it goes higher to the Resistance line. Our first target will be 0.00000230
⬆️Buy now or Buy at 0.00000196
⭕️SL @ 0.00000178
✅TP1 @ 0.00000230
✅TP2 @ 0.00000262
✅TP3 @ 0.00000302
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Looking at ve chain here on the 4hr time frame.
- Focusing on the outer structure and the bigger picture play happening with this coin we can see price has previously had a major impulsive leg to the upside reaching its most recent all time high.
- Since then price has been corrective in a bearish trend with price forming a symmetrical testing and respecting the...
Pattern: Fibonacci Channel Up on 1D.
Signal: Buy as the 1D MA50 has been supporting an uptrend since December 2020. The RSI rebounded exactly on its Higher Lows trend-line on its own Channel Up.
Target: 0.40 and 0.60 which is where the 4.0 and 4.5 Fibonacci extensions are respectively.
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Vechain's price soared to a new ATH on 12/02/21 reaching $0.606 on the Binance exchange. Following the new ATH there was a small retracement before trying to push past the resistance set at ATH, but this failed to break on 19/02/21 and was met with huge selling pressure at these price levels, retracing down further, quite sharply after 4 days on 23/02/21 touching...
Vechain really gave a good profit this year for investor, reaching almost 0,008 usdt per token, and surely we will reach this price again, but not today, before that we will drop again around 0,0047 usdt and so the pattern has forming Vechian will be complete, a falling triangle. After that i expect Vechain will touch again 0,008 usdt and maybe reaching new ATH,...
Pattern: 1D Rectangle.
Signal: Bullish as the price rebounded on the Support and the LMACD is close to a bullish cross.
Target: 0.00000094 (Resistance 1) and 0.00000104 (just below the Resistance 2).
Pattern: Parabolic bullish leg on 1D.
Signal: Neutral within the consolidation zone. Bullish if the support is held.
Target: 0.00000150 (below the 1W Resistance).
