VetBtc price is trading outside falling wedge pattern which it subjected to over long period of time. Since the price broke out it has been accumulating for next huge move.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
Possible projection for VET over the next weeks. A coin with great fundamentals, got ignored during many mini altcoin cycles and for the first time printing a very bullish formation.
Retest of the top of the range. Since we value statistics and probabilities a lot and we rely on them to trade (and not luck):
We have backtested and confirmed that in over 450...
* Vet Summit next week on Apr 18th
* according to @Cointelegraph #VeChain is among 197 approved blockchain companies in China
* $VETUSDT - the price is on channel and 200MA support
* $VETBTC - the price made a pull-back and tested the initial breakout (my re-entry)
* price above Kumo
* golden cross about to happen in a fey days
We have observed the VET for a while.
It looks really decent.
It can give us a 140% cumulative profit within the upcoming weeks.
It bounced up from the ATL (an all-time low) on December 18.
It definitely went up at the beginning of March 2019.
From that point, we have a swing party.
Look at the volume – we have a much interest combined with...
$VET Reached 135sats support zone after a 15% drop...
I have marked 2 potential accumulation zones to recharge your #VET bags if its in your interest.
I will update as soon as I see confirmation of the bounce or a drop to the second zone!
This is a beautiful and clean chart and that's why I'll let the chart do most of the talking.
So to keep it short and simple:
- didn't make new historic lows
- we had an accumulation range
- broke out of range on high vol
- first tiny resistance became support
It doesn't get more clean than this.
I'm targeting 187 sats (the 0.5 fib).
However you could play it...
Welcome to this updated analysis on VETBTC Let's get right to it!
This information is to be used for educational purposes only
Would be equivalent to a rise of 138% Therefore, if 0.0000147 can hold support line
A breakout above the trend line would cause ELFBTC to rally to about 138%
I expect to see a...
After a retest, $VET is ready for another upward ride. We've just broke the resistance of a triangle and fixed above. Volumes are very good, all in all - the coin is going to give us good profits in the very near future.
If you like this idea, do not forget to put Like and subscribe to the profile, so as not to miss the update.
VeChain is trying to move and now trading above two major resistance, EMA10 and EMA50.
Today's candlestick is a high volume bullish candlestick, which can signal the beginning of a strong move.
Note: VETBTC needs to close above EMA50 (0.00000113) for the above signals to be confirmed.
Trade: VeChain (VETBTC) with Alan Masters
Buy: 0.00000105 –...