1. Overview
- Vega Protocol has been invested by lots of famous ventures: Pantera, Hashed, Coinbase Ventures,... The ICO price was so high if we compare with current cheap price.
- More information: icodrops.com
2. Technical analysis
- Accummulative time during two years. It is coming to the end soon.
- Three bottoms.
- Exchange: Kucoin.
3. Plan
Entry: ~1$
TP: 3$...
Basically, that's a formation I'd love to see on VEGA in the next weeks to complete a reverse. Rising volume is a key here. No volume = delay in the growth. Still buying tho, so not really worried about the movements while the price holds the accumulation border. Just HODL...
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
At times, we can see the inflow of money into altcoins. This instrument is traded at -95% of its starting price. Seed round only x2-3. The tool is high-risk, but promising
Vega/usdt 1d. Secondary trend.
In the secondary trend horizontal channel is formed. In this channel local uptrend channel was formed which recently broke down.
Before the break down of the channel the falling wedge formed.
The price dropped to the support of the secondary trend channel. Notice that the price hasn't dumped with the market recently.
We've...
What is clear in this chart
This is after the price correction in the long term
Currently, the price after flooring is in a reasonable range
It is to start a medium-term upward movement
