Regarding the last rise from 28th, personally, I expect some correction. (Also there is some CME gap that not filled)
Pay attention if you want to buy here.
I'm waiting to 4h candle close above 0.122.
Manage the risk and try hard to control emotions!
Here I share with you a bullish scenario of VET :
If break the descending 4h trend line, the first resistance is 0.131-0.132 area
Then pullback 0.122 to retest the descending channel (falling flag)
after that, 0.142 is the next resistance that coincides with or is near the broadening wedge upper line.
after the break, could rise to 0.16 area and retest...
BNB holds good within an ascending channel. (But look at the 3day bearish pin bar candle!)
For bullish, should break ATH around 680.
If break the channel to the downside, the supports are shown in the chart. In this case, 430 is the most probable target IMO.
Make your analysis before any trade and DO NOT use high leverage!
KCS was in a daily triangle that broke to the downside.
But I think it will return back within the triangle and make a false break.
I put an order at 21.15.
Nobody knows the future, so never use high leverage to trade.
It's the simplest and most important law in trading!
VET is in a downward direction since 8th November.
If there is any willingness to be bullish, it's time to bounce!
Here is a rising wedge in the 30m chart that targets 0.105 area.
I place an order at 0.105.
Regarding volatility, VET could go even below 0.10 with a fast flush.
For your safety, avoid any high leverage trades!
I'm still waiting to buy about 0.115-0.12
The market seems too tricky these days.
Manage the risk and trade wisely.
I think we may see another leg down with high volume.
But the market is highly volatile and hunts many stop losses.
Personally do not trade these days. Only try to buy dip prices.
Remember to don't try to catch the bottom, instead, divide...
VET has never exited the channel since 10th March 2020 unless false break.
RSI is still above 50 and Stochastics near oversold.
Maybe see a retest of 0.11-0.115 with a long wick.
Take a deep breath before any trade!
VET makes a symmetrical triangle on 4h.
If it breaks to the downside, target 0.11-0.115 area that is the confluence of supports.
My thought is market drop hard and when the volume rise, it's time to enter the market.
I'm waiting for lower prices shown on the chart and when the volume rises sharply.
Shiba is not my interested one to trade but the chart seems really good.
It broke the trend line and retest it.
Targets are shown in the chart.
(There is a long way to ensure the market change direction to bullish in BTC, it needs close daily above 63.3k
and for now, there is a chance BTC rise to 60-60.5k and drop below 55k with fast wicks)
VET is now buckling with 0.142 resistance that coincides with a trend line shown.
If we see another leg down for BTC on the weekend, VET would retest the broadening wedge lower line 0.115-0.122 area.
You could zoom out in my chart to see there is the confluence of supports.
I'm still thinking of bullish continuation and don't short this fall....
Dot broke 44.5 key level and retesting it.
Stay above well.
Also breaking the triangle pattern.
I'm waiting to break and retest the triangle.
If it breaks to the upside, the projected target is about 53.
VET is in 2 channels.
The bigger one is bullish (4h) and the other one is bearish that place inside the bigger.
If VET breaks the 1h bearish flag, could retest the 0.142 support area.
Even in this case, the market remained still bullish.
The total environment is bullish so I don't short any.
It gives us a good entry or adds to our bags!
KCS is the coin of Kucoin's exchange.
It has a good rally.
KCS bounced from 21 key level several times.
Let's see it could support this time or not!
You'll get extra bonus if yo have KCS in the Kucoin exchange!
After a good rally, AVAX had about 20% correction and retest 79 key level.
Now stays in a falling channel.
By the way, I bought here some.
For confirmation, VET needs to break the channel to the upside.
I don't trade, only buy with max 5x leverage.
Risk management is the most important part of your trading experience!