#VETUSDT Technical Analysis Update
Waiting for the Resistance zone Breakout
VET/USDT currently trading at $0.1580
LONG ENTRY level: above 0.01600 (only enter long after the resistance zone breakout in 1-hour chart)
STOP LOSS: Below 0.0151
Resistance level 1( Target 1): $0.01660
Resistance level 2 (Target 2) : $0.0178
Max Leverage: 4X
ALWAYS KEEP STOP...
Hello,
As you can see VET broke out of a downtrend.
It will take some time to go up again to levels where he was before.
First of all I want to show the uptrend that is going on.
Trendline straight up.
ALso the EMA is showing some positive sings.
A: most likely it will go this path (no financial advice).
B: if A doesn't work out immediately and it receives some...
Hope some people have taken benefit from the 1st analysis on Oct 8th as per below. It has taken longer than expected but has played out exactly as anticipated. Patience is key.
NOW Next target and possible but opportunity.....
Expect price to pullback and...
Since my last trade idea became invalidated on VET due to a longer corrective wave than expected we finally touched major resistance off 0.01 resistance and bounced. Also bounced from double bottom neckline.
VET is showing strong signs of staying alive and keep in mind VET has risen almost 600% (look at my first call on VET) and we are still ABOVE yearly CAM S4....
VETs been held down by larger coins but a lot are starting to hit resistance and will most likely stall for awhile before taking off again. MACD Cross in hour time frame. Bullish on multiple time frames. VET will move over .02¢ soon
Prepare to rise from 0.49 level
Looks like a level breach.
It's important that today's day close above the level.
Cancel the longitude by break-down level 0.49.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
Priceline of VeChain / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.005852 to 0.005795
Sell between: 0.005987 to 0.006190
Regards,
Atif Akbar (moon333)
Price action of Vechain / US Dollar is forming bullish BAT pattern and soon it will be entered in potential reversal zone.
This PRZ area can be used as stop loss point in case the complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.006224 to 0.005999
Sell between: 0.006751 to 0.007554
Enjoy your...
