#VET/BTC Chart Old Update:-
#VET did 20% after our post.
Now again around entry zone.
3D chart forming Bull flag.
I am expecting Bug move after this Down side move.
Strong Support = 150 Satoshi
So this is also best buy zone.
First Target will be 231 Satoshi.
What after 231 Satoshi..?
When break upward 231 resistance and Big time frame candle close above...
Direction: Bullish
Pattern type: Continuation
Important resistance level to break and cruicial support level with nice retest. Potential Falling Wedge pattern but I cant confirm it yet, I'm still not a 100 % sure about that. Volume is diminishing trouhgout the pattern and should expand at the end of the pattern to make a breakout possible and validate the...
Directional Bias: Bullish
Pattern Type: Non-Directional
This pattern is comprised of three phases and looks a bit simular to a frying pan. There is the Lead-in Phase, the Bump Phase and the Uphill Run. The lead-in phase is the handle of the frying pan before a larger decline. Following the decline, The bump phase forms as the price forms a flat or rounded bottom....
VET/BTC has placed on the two strong supports(one dynamic and another static support). Also, the chart created higher and higher bottoms(A, B, C bottoms) which shows that the buyers' power gradually is increasing and dominating the sellers' power. In addition to these reasons, the chart is forming a flag pattern which is more obvious in 1D. Then, I expect that the...
#VET/BTC TA Update:-
#VET is also Looking good and Bounced back from Support level.
Try to catch between 170-180 Satoshi
1st Target as per chart is 231 Satoshi (36% )
After If break upward 240 Satoshi then I can expect 500 Satoshi will be my 2nd Target (200% )
And if hold 250 Satoshi + then My Last Target will be 700 Satoshi ( 300% )
Stop Loss:- 149 Satoshi...
Vet is heading the .705 fib level and on its way to touch the big triangle. History in the VET chart shows the impulsive outbreaks of triangles. Prepare.
My vision of this situation. The price of an asset moves in a (narrowing) falling wedge formation, when/if bouncing from the lower edge, the price will come to the opposite upper edge where fate will be decided. Where, with the goodwill of the general market sentiment, a technical breakout of the channel and the conquest of new highs can occur
Bottoms in? Sure looks like it! I'm sure long time Hodlers are patiently waiting to retest that ATH!! If BTC behaves I assure you, you will! All we can do now is wait...
GL TO ALL!!!
As bitcoin may go lower for a bit, altcoins will probably follow.
When bitcoin bottoms out and consolidates alts may show a nice move up.
$vetbtc looking good for a entry around the blue level.
Green arrows levels im looking at for TPs.
VeChain to the moon!
VET/BTC trading pair. Bullish divergence on RSI, MACD getting ready to send. Long term trend peaks at the green line multiple times. Golden cross (upward cross of 50d MA over 200d MA) incoming.
Coinciding with the coming crypto market overall bullrun, VeChain should see significant movement compared to bitcoin over the coming months. Should be fun.
