MyCryptoParadise_Nathan

VET/USDT Break alert, Bullish Momentum ?? Vechain Analysis Today

BINANCE:VETUSDT   VeChain / TetherUS
πŸ’Ž VET has successfully break the resistance trendline of its descending pattern, and we're looking for a daily close above this trendline to confirm the breakout.

πŸ’Ž A corrective phase for retesting the newly established support trendline is expected before VET continues its upward trajectory.

πŸ’Ž Historically, VET has twice rebounded from a strong demand zone. The first bounce saw a modest 13% uptick before retracing back to the demand area. On the second occasion, VET surged with a strong Marubozu green candle and confirmed a breakout two days later. This sets the stage for bullish momentum in VET's short-term movement.

πŸ’Ž The bullish outlook would be invalidated if VET's daily candle closes below the strong demand zone
Trade closed: target reached:
Just like clockwork, #VET is tracing our forecast, hitting that sweet 72.94% growth mark


Do you Want to start trading like a PRO?

Follow a team of traders with 10+ years of experience?

JOIN FREEπŸ‘‰ t.me/+IaNzEzXsdiBlNDg0

πŸŽ–οΈOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals πŸ‘‰ shorturl.at/ikpAV
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.