VeChain's chart is looking different in TetherUS but could totally make one more impulse.
Keep an eye on the pair in satoshi and be ready for bullish scenario:
Buy Entry= 0.004170 - 0.004010
Take Profit= 0.004484 | 0.004965 | 0.005488
Stop Loss= 0.003696
Risk/Reward= 1:1 | 1:2.22 | 1:3.55
Expected Profit= 28.89% | 64.17% | 102.54%
Possible Loss= -28.89%
Fib....
VET is in a clear downtrend channel but Sellers seems to progressively lost influence.
Last months movements show clear indecisiveness and looks like an accumulation area.
Many BTC pairs starts showing bullish signals. Maybe VET has found his favorite figure for (Holders and investors should probably look at)
- Support line formed close to 0.854 Fib retracement
-...
Vechain looks to be testing the 200 Day MA, if we break past that, we can continue on and test the upper part of the channel which has is seeming to have formed from the lows of mid March's Black Thursday
If VET can break the 55 ema on the 1D, we should make a move up to the next resistance level at 0.005, which is right where the 200ma/ema are currently resting. A failure can result in a drop back to 0.0032 support.
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So without further due. Keep it...
Very simple to understand, the market is currently bearish. wait for the price hit the Support line at 0.003145 and get the new update based on the price reaction
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We got a LONG signal on VETUSDT
Buy zone, Possible targets and Stop Loss are indicated on the chart
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If...
Vet has struggled massively over the last few weeks. The general cash pull-out based on COVID-19 caused the price to drop to unseen lows. After the overall markets and BTC have recovered temporarily, I foresee a bullish scenario here on the 60m for VET based on technicals.
There have been two import horizontal areas here, for which both have S/R flips. The...
VET/BTC
VET must hold a price level between 47-34 sat levels in the coming days or week to keep this bullish setup in play.
VET bounces off at previous key support level and if this second time around will trigger a good buying opportunity,
the price could rally back up to 64 sats before facing strong resistance trend-line.
To invalidate this bullish analysis,...
![VETUSDT: VETUSDT Recovering From All-Time Low [BULLISH SCENARIO]](https://s3.tradingview.com/7/7tGThbol_mid.png "VETUSDT Recovering From All-Time Low [BULLISH SCENARIO]")
