Hello Traders!
VET price continues to move in a downtrend. As the price approaches the Buyers' interest zone, the correction may end in the form of a downward momentum, which will activate buyers' stop-losses and liquidation of margin positions.
The buyers' zone of interest, from which the previous upward movement developed, is in the price range of $0.010 - $0.018.
It is necessary to wait for the completion of the correction of the cryptocurrency market to make purchases mid-term, it is possible to focus on reaching Bitcoin at the price levels of $20000 - $22000.
Positions should be set closer to the support level of $0.010, in the range of $0.010 - $0.0120.
Price levels of $0.024 and $0.035 will be the targets for medium-term purchases
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
VET price continues to move in a downtrend. As the price approaches the Buyers' interest zone, the correction may end in the form of a downward momentum, which will activate buyers' stop-losses and liquidation of margin positions.
The buyers' zone of interest, from which the previous upward movement developed, is in the price range of $0.010 - $0.018.
It is necessary to wait for the completion of the correction of the cryptocurrency market to make purchases mid-term, it is possible to focus on reaching Bitcoin at the price levels of $20000 - $22000.
Positions should be set closer to the support level of $0.010, in the range of $0.010 - $0.0120.
Price levels of $0.024 and $0.035 will be the targets for medium-term purchases
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
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.