It's amazing how Vechain price charts line up! It appears that these indicators may be telling us a $3 Vechain price by New Year 2023.. and a possible $12 Vechain mid-year 2023!!! Let's wait and see 👀
Don't forget to BUY!!!!
As you can see, VET in comparison to BTC is moving above the support zone, which has already defended the price against further declines.
We are currently moving in a local sideways trend channel, which can be used for short-term plays.
If the price starts to rise, it has a strong resistance zone from 181 to 237 satoshi on its way.
Local trend. Time frame 1 day. Expanding triangle.
Price squeeze during “market doubt”.
A zone of price squeezing in a narrow range at the moment of uncertainty (doubt) of the market in general.
Clamped by large orders in the required buy/sell range on liquid exchanges. The range is spammed with orders, basically a bot is triggered...
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(VETUSDT 1D Chart)
1st support: 0.02299-0.02452
Secondary support: 0.01840
The 0.04216-0.05546 interval is the interval that determines the trend.
In the previous analysis, we referred to the support line and we were expecting a price increase in the area, but unfortunately the broken valley line was formed below the previous valley and reached the support range. I have already identified two possible scenarios according to the support area.
Its not Buy or Sell SIGNAL
BY : Mohamad Teriz - @AtonicShark
Vet/usdt looks promising here. after being mega oversold i'd expect us to have some nice relief rally.
to retest at least the breakdown area.
invalidation point 0.02650 cents.
Resistance levels/ TP:
once these levels are claimed we can look for a higher target. Until then play these levels ( chart below)
#Sell at resistance
Hello, dear traders welcome to this VET/USDT 4hr chart analysis.
I have tried my best to get the best possible results in this chart.
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As we can see from the above...