VETUSDT trade has entered in the long term buy zone where it has crossed flawlessly running towards our predicted analytical target. Let see how it it will achieved our target.
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💎Technical Analysis Summary💎
BINANCE: VETBTC
-VeChain is testing the previous Key Support area
-This current zone is a confluence of Resistance>Suppport
-If VET can break above and consolidate
-That would be a Bullish sign of strength
-But a fail attempt will lead to further downside action
-So please always plan your trade
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💎Technical Analysis Summary💎
BINANCE: VETBTC
-VeChain is back at the previous key support area
-Unable to break above the long term trendline resistance
-This is Bearish because a series of Lower Highs and Flat support zone
-If the major support area failed, prepare for another leg down to 80s sat
-But if VET can break above the trendline resistance
-We might...
BINANCE: VETBTC
-VeChain is back at the previous key resistance area before the strong pump last July
-It is traveling inside a Bullish descending channel from the Top price
-Also, retesting the recent support last 1st week of September
-This can be a potential Double bottom reversal if we can confirm an upside breakout
-Until this channel remains valid, I...
BINANCE: VETBTC
-VeChain tested the 0.618 Fib level and we saw a good bounce
-The 109 sat area is a confluence of previous support turned resistance
-If VET pulls back to retest the key support area and bounce strong
-We wait for the trendline resistance breakout to confirm trend reversal in the short term
-The upside potential target is up to 198 sat and the...
VET/BTC
-VeChain is now trading at previous support area at 137 sat
-Will this level hold and see a relief bounce?
-If BTC and Dominance chart will not make any significant move
-VET has the chance to bounce up to the trendline resistance
-This will the 3rd time the area of support will be tested
-So there is still a chance it will not break to the downside...
VET/BTC
-Vechain may have temporarily found support at previous trading zone
-the 50MA also coincides with this region
-VET must keep this level for the next 24 hours
-if it does, we may see a potential upside to test the resistance line
VET/BTC
-the weekly candle is looking bullish
-if you are a Short trader
-I'm pretty sure you are waiting in this area
-if a reversal is confirmed
-entering a low leverage Short is ideal
-you will try to capture the large swing down
-it will take some time before it gets here
-so be sure to add it in your watch list
VET/BTC
-unable to break the downward trendline resistance
-there is a high chance we will revisit the previous low at 85s area
-when we get there, it will be the battle between the bears and bulls
-I will personally wait for the breakout of the pattern
-before entering any trade to lessen the risk involved
VET/USDT
-broke immediate support at 9267s
-the price has dropped -10% since then
-currently approaching previous support area
-if we see bullish rejection or reversal signs
-enter a bounce trade is a good idea
-your target is up to 9200s
VET/BTC
-the weekly candle is about to close in a few hours
-the strong trendline is now broken
-weekly local resistance at the 60s is broken
-potential double bottom reversal is about to confirm
-upside target of this break is up to 100s
-stoploss is placed under 52s
VET/USDT
-a bullish breakout above the resistance area
-broke the 200D MA also
-new higher high on the daily
-trading priority is back to the bulls
-upside potential is up to 0.0084
-key stoploss is below 0.0048
VeChain Falling Very Hardly to Test on his previeous Bottom 100 satoshi if Price Restest On this Level and Hold this Price then You Buy BetWeen 100-105
and Set For these Tragets 260 and 320.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
iF You Are Buying Then Buy own Risk Rewards Ratio.
Thank You !!
