A flag pattern is formed for this altcoin
As prices rise above the resistance of the flag pattern, more buyers are expected to enter the market
After that, Wei China will be on a certain path to the September 6 price ceiling at $ 0.15
On the other hand, bears can push the price towards supporting the flag pattern
In this case, the price is expected to move back to...
VET is setting up for a short timeframe trade. Waiting for the pullback to reach the buy zone indicated for a potential 40% gain.
Renember this is a short time frame trade. Set your TP levels. Good luck flirting with crypto. Trade safe
VET is bumping against an upper trend line, if it gets broken on 4 hour it triggers a long for me. Depending on market conditions I may seek extra confirmation and require break and close on 1day.
If BTC experiences some downside I will look to enter off a retest of 0.11 support.
Be looking to take profit at 0.14
Here's a quick look at VET 6 hr chart. As we can see, the price broke out previously but has now broken back into the descending triangle due to the Bitcoin crash. The price is now in the descending triangle and the idea is to buy when the price breaks back above the falling wedge .
The best entry would definitely be, when the price breaks above the falling wedge...
As you all know, VET is not performing well from last 2 weeks and according to the Chart patterns, Ascending Channel is formed, Breakout formation is also nearly there and also indicators giving bullish signal.
MID-Term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
HOLD TIME 3-4 Weeks
Happy Trading :)
This setup looks pretty similar to me
KEY holds $0.097 on a daily basis. this setup is valid.
Since bitcoin dominance is at key support manage your risk. if the level 40% is taken on bitcoin dominance I am pretty confidant VET TP will hit.
Chart talks to us
We have entered a new phase of price movement. With new developments for the cryptocurrency industry, we are witnessing new fluctuations and movements. The beginning of new Elliott waves and harmonic patterns.
Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
VET PUMPED ALMOST 37% right after I posted my last setup!
I am still holding and accumulating these dips.
If you haven't entered yet it's under...
VET on the move for new all-time highs soon!
Made some nice gains already today on VeChain, I see this baby continuing to go up for the remainder of 2021 with a wave 5 target between $1 to 1,40 by end of the year.
I am trading this in the short term and have these targets over the next 4 to 6 weeks:
3. 34c (possibly up to 40c region depending how...