FET/USDT broke out of its channel upwards. RSI is pretty high so watch out for that. Mid-term targets (depending on how fast BTC goes):
Target 1: 0.180 (trying to brake it now)
Target 2: 0.244
Target 3: 0.30
Patience is key, don't stress out when it drops. Use stop-losses but beware of stop-loss hunting.
A bullish scenario for VeChain on the daily timeframe (VET/USDT Binance). Remember that BTC can always ruin the party, so always look at BTC first!
If BTC decides to stay in a bit of a positive mode and volume comes in, I would expect Vechain to reach 0.01 in three steps.
- RSI is low and going up;
- MACD is about to cross positive;
- Hit the 0.5 fib three...
I am not a professional charter/trader, I am just doing this as an hobby and I am here to learn. I use the standard indicators to observe the current movements.
The way I see it is that VET is bouncing between the trendlines following the bearish movement of BTC. The RSI and Stoch are oversold and VET is moving at the lower end of the Bollinger Band while the...
