Now, by definition the "Cup and Handle" formation signals the continuation of a bull move. Some will say that due to the action over the last few months that this is not the right "call". However, if you zoom out far enough, you'll see that we are still in a macro-based uptrend.
That said, it's obvious what the price action will do. Enjoy the ride. I'm holding...
Vechain(VET) Update: Test and Break above 200SMA, potential 150% Gain from Buy Zone @ 23.60% Fibs ($0.13) to the 127.20% Fibonacci level at $0.33. Please see previous analysis below. Happy Trading :)
Vechain(VET) Update 07/ 05 /21: 40% Gain from current price level to 127.20 Fibonacci extension @ $0.33. See previous analysis below
Vechain(VET) Update 27/04/21:...
Vechain(VET) Update 27/04/21: 228% Gained from our Buy Zone 4 from the 4th April to 16th April...Next Stop $0.33 from Buy Zone 5 which is an 81% Gain from 50.0% Fibonacci retracement level. Lets take advantage of the current prices as we will not be seeing these low prices for a long period of time once the Bulls are back in the market for the next push phase. Use...
Vechain pushing towards ATH, broke heavy downward resistance, our EMA ribbons are starting to point even higher up and the stoch RSI exploded off of the top of the oversold zone, looking for a break of the ATH in the coming days if we keep this up! Not financial advice, just my opinion
Vechain is looking like its cooling off a bit after our big run up. Im looking for the bulls to hold this support line we are currently holding, i believe we will we have nice support printing from the ichimoku cloud and our EMA ribbons are carrying us and pushing up with bullish momentum. The Macd is looking very bullish its starting to slightly point sideways...
Vechain has absolutely smashed through this key resistance and flipped it to support, Ichimoku cloud still printing support pointing slightly up and the EMA ribbons are really starting open up and point up with Bullish momentum! The Stoch RSI is in overbought territory so what we could see is a little dip down in both price and RSI but i believe it will get bought...
Vechain looking great holding support at the 0.2 FIB also holding the ascending channel. 0.2 fib is a crucial level for us right now if we break below it some downside is likely, the ichimoku cloud has shifted to printing support heading up and the stoch RSI is close to being in oversold areas. I think we are likely to keep heading to the upside looking to break...
