Since the publication of the previous idea , the price made good +60%.
Also, the VETUSDT price tested the past historical high for strength.
At this stage, it is more likely that it need to make another rollback down before updating the high.
The liquidity zone of $0.0155-0.0175 will act as a magnet for correction.
In previous ideas, we wrote that the...
When looking at the weekly log chart of VeChain/USDT one can see a clear Head and Shoulders pattern with an inclined neckline. Price is just trying to break out. If it does and close above, it should skyrocket to the target shown in red over the next year.
ADA/USDT and ETH/USDT completed similar patterns and already broke out of them some weeks ago.
VeChain $VET is showing so much potential with its projects and could be about to take-off! VeChain's ATH (All-Time High) was already broken by today and is showing us an ascending triangle on the 4H chart, but we have to see if there will be higher highs in the coming period and try to avoid a double top pattern. To conclude, it looks very bullish to me. In...
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New High was updated by breaking above 0.027990 point on this chart.
We must see if it can rise above the 0.031621 point.
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please...
VET is in the middle of leg 3 ascending towards $0.05 which would put us at the top of this massive wedge. After that I expect us to correct back to around $0.03 and move once more up on leg five.
Currently we are at the resistance level of $0.03 which is likely to be broken as we move up. Watch the price action here closely and if we push higher that is a good...
VET/USDT has been inside this channel since the early days of the corona bear market. Opposed to other coins, this one has not gained as much. Combining that knowledge with this beautiful channel on the chart leads me to believe we have much more upside on the way.
This trade is not meant to be a quick win, it will most likely take a couple of weeks before we can...
Another one I entered, however I didn't have time to publish my entry point.
HOW TO TRADE THIS?
Either wait for the pullback and look for confluence of the wave in the lower time frames which EMA and FIB along with a bullish candle.
Treat it like a breakout trade\move.
All the best,