Vechain- Long
Vechain has been on a bearish momentum for a period of time and there is a reversal in the trend, thus; formation of a bullish trend . It has tested the demand zone . It has broken the bearish trendline on the 1 hour timeframe, and tested it.
The 50 MA is crossing over the trend, thus indicating a bullish move.
The 50 MA is crossing over the trend, thus indicating a bullish move.
Note
It touched the SL
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.
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.