Hitman indicator printed a bull last thursday right in front of a weekly resistance. So far it seemed to hold but also it doesnt moved away from it too far. Price seems stuck between that weekly resistance and a former resistance from the daily timeframe that might turned into resistance now. I am getting bullish when we break that weekly resistance...
The price is more likely to hit the resistance one more time
Entry Price: 0.010377
Take profit: 0.015076
Posible gain: 44%
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Hey friends, hope you are well and welcome to the new update on VeChain Coin.
On daily chart the priceline of VET coin was moving in a falling wedge. Finally the price action has broken out the resistance of this pattern. The volume profile is showing very low interest of the traders in the area where the priceline is moving therefore the price action can move...
VETUSD has been carving for a bullish continuation. We are going up but I expect price to drop from that minor supply and touch 0.0089, Demand zone.
Please comment with your idea. What do you see?
Hey, friends hope you are well and welcome the new update on Vechain coin.
On long term weekly chart the priceline is retraced between 0.50 to 0.618 Fibonacci retracement. Before this correction the price action of VET broke out Ichimoku cloud with powerful bullish rally. Now it is retesting the 25 SMA as well.
Hello Dear Traders.
Today I will discuss about VETUSDT
as u can see Vet has found great demand and immediately bounced once it touched its demand zone
i m expecting Vet should Reach 0.013500 levels which is good supply zone
we can harvest 20% profit with this rally
After some previous ideas of trying to find the bottom with Vechain, I've decided to wait until a better set up arrives. Now that we've been waiting for some time now, we now have a lot of different patterns that could potentially give us a Blue Sky Breakout , one of the most fun breakout patterns in a ticker.
Some of the patterns are a broadening top pattern,...
Last week's candle was a bullish pin bar. We might see another bullish pin bar this week, along with a possible inside bar pattern
Little choice for the market but to break out. Question is, which direction? :)
PS. Still a few hours to go before the weekly close so let's see if we do see an inside bar pattern here.
My 0.0143 level broke down shortly after my last post. Strong sell-offs like that "deserve" at least one more leg down to retest lows. Right now the market is finding some support at 0.012. If this level holds on a daily closing basis, we might see a bit of a rally and then another push down to re-test 0.012 before deciding either to go higher to re-test the...