Worth keeping an eye on.
Potential to break from downtrend in the next couple of days and it will be interesting to see the PA if we close a daily above trend.
Buyers could jump in and push straight through any resistance here but my thoughts are to remain patient and try and catch a positive retest on previous support.
I'd be happy with an entry around 0.0096...
If VET can closes above 102 in the weekly chart. then we will have a bullish harami candlestick pattern which is a reversal pattern appearing at the bottom of a downtrend.
Please like and share my idea.
Hi every one
As you can see, the price is in the ascending triangle and that's a good thing
If the triangle resistance line is broken, the price goes up.
Remember that Trend is our friend and we have to hold his hand and go with it .
Traders, if you like this idea or have your opinion about it, write in the comments. We will be happy
Things can change...
Did you get to see my XVGBTC trade idea with the classic ABC Correction?
We are very likely to have a similar scenario develop for VeChain (VETBTC).
This is not the only possible scenario of course but it is the most common one.
After a strong bullish wave, it is completely normal to have a strong correction before any additional growth is printed on the...
I posted a few days later my idea when vechain is
I expected it to drop in the demand zone shown in chart between 95-108sat
That what happened as i expected
See here my previous idea
Now it shows consolidation in that area
Which is a good potential for next move
Hey, friends hope you are well and welcome the new update on Vechain coin.
On long term weekly chart the priceline is retraced between 0.50 to 0.618 Fibonacci retracement. Before this correction the price action of VET broke out Ichimoku cloud with powerful bullish rally. Now it is retesting the 25 SMA as well.
We expect an upcoming rally after the end of the correction of wave 4
Stop loss : 0.00000091 satoshi
Don't forget about risk management
Please support the idea by pressing the Like button