Trend line is holding up & a nice candle + wick at the moment of this analysis. looking good & bullish. can't explain how great this project is! ( QUALITY )
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Hey hey my friends 👋 RSI 4hr Bearish Divergence 🐻 @ Strong Resistance of .618 🐻 in a rising wedgie with 68% chance of a breakdown 🐻
It looks like the recent correction is a fractal of an earlier correction, projecting a very strong rally. What do you think? Is it a fractal?
Updated VECHAIN (VET) Chart shows the mild resistance needs to be broken at 0,228 This will most likely happen and from then one the price should be able to rise higher.. or a lot higher
After a bullish rally it has faced a predictable consolidation and this leads to form a descending trend line.Few days ago the trend line broke and again started an ascending trend.I draw a horizontal resistance and the chart trapped in a triangle pattern. A more detailed look at the chart reveals that it is has been supported by an ascending trend line as well. I...
A nice looking chart, respecting lines of support/resistance within a Fibonacci Pitch Fan in the logarithmic scale. A Wave 5 looks to be underway, and could rally strongly, looking at past wave-5 rallies.
This is only an estimated Oblique view of a trending section which may or may not continue along this course.
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0362). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . VETBTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Hey hey my friends 👋 BTC update here, depends on how trad markets open, everyone is bullish so i take a contrarian point of view Rising wedgie has a 68% chance to break on the downside which is still a bullish outcome near term for a higher low or a double bottom, we could create a lower low with a bullish divergence on the RSI Patience 👀
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0362). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . VETBTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
This is not financial advice, do your own research. Looks like vechain could be breaking out of a symmetrical triangle, and headed to $0.36 or more.
Hi All, VET does not seem to be losing momentum based on the daily and weekly indicators. Neither is the ALT season is over. I see this pullback with 2 possibilities, moderate or deeper. The moderate pullback is playing out but the deeper ABC correction can be there with the 0.5 or 0.618 fib retracement on this impulse wave, chart below. Hence the daily EMAs can...
VET looks like it's trying so hard to break resistance. If you're into opening long positions, wait until a breakout first. it happens after the closure of the first 4H candle above the resistance area. After that conformation open your long positions. ⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get...