CryptoPatel

VET/BTC Technical Analysis Chart

Long
BINANCE:VETBTC   VeChain / Bitcoin
VET/BTC now Current Price is 60 Satishi.
Now Looking Not bullish nor Bearish.
Mean Now Neutral Condition.

What Say TA..?
Technical Analysis Say That if We hold Above 58 Satoshi Then We are Bullish for Short Term.
So keep an eye on This Support Level.
Support level already break down so we are bearish.
But Price hold at 100MA (2 Days Time Frame Chart)
And 200MA (1 Days Time Frame Chart).

so I am bullish for Short Term.

if We talking About 2 Days Time Frame Chart I am Buying here at 60 Sat. and 50MA Resistance 76 Satoshi I place bid for Sell.
But 1st Resistance is 82 Satoshi.
And 2nd Resistance is 102 Satoshi.

Support 1: 58 Satoshi
Support 2: 49 Satoshi.

Resistance 1: 82 Satoshi
Resistance 2: 102 Satoshi.

What is Overview in Simple Language. ?
If price will drop bellow 58 Satoshi then we will exit from this trade and again Placed buy order between 49-51 Satoshi.

I hope you understand very well.
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