#vet broke above down-trending channel & has now closed about 100 Day MA. I am waiting for 7 EMA Crossover in order to buy for a potential 20% immediate target & probbale 64% extended profit targets. This idea is based on TA, pls dont ask me about FA
Short term and midterm patterns for VET, the thing here is that all of them are bearish, however the corrections won´t take more than .5 .618 fibonacci to continue the trend, if this trend holds (don´t forget BTC) we could have a nice reversal.
This long bear market is so overdone that I barely care about cryptos anymore.
Vechain 9ema is about to cross up 50ma, again. Even if it fails again, it's much a matter of time that we run out of sellers.
The bull flags in BTC, ETH, LTC, all look convincing as hell. ETFs coming online, JPM launching their own crypto. Don't you think they'd benefit from...
Those are few intense days in cryptocurrency market.
Looking at the 4 hour chart, we see that Vechain broke out from the wedge pattern that lasted more than 50 days!
There is a decent volume that supports the breakout, so Vechain will have some bullish momentum in next few days.
Target are listed in the chart. It should be fairly...
Vechain is looking quite interesting here as it's already breaking out from the smaller falling wedge pattern and both indicators (MACD & RSI) agrees on the bullish divergence.
A bullish divergence is considered as a reversal pattern and often forms at the bottoms of markets. This is likely to lead for direction change for the trend as it bounced rather strongly...
Desde el grafico semanal VET se muestra en acumulacion. Aparentemente tendiendo a la alza.En 1H se busca el cierre de vela por enciama de la EMA20 para asegurar la entrada en ola alcista. El SL queda ajustado a 2% planeando que si regresa al punto de ruptura el setup quedaria anulado ya que se romperia el soporte diario en 3839. se planea un TP en 4042.