VeChain completed big BAT for upto 233% massive rallyHi dear friends, hope you are well and welcome to the new update on Vechain.
On the long-term weekly chart, the price action of VeChain has completed the BAT entered the potential reversal zone.
This trade has a profit possibility of 233% and the loss possibility is only 25%
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Vechaine
VeChain completing Butterfly move for upto 31.5% bullish moveHi dear friends, hope you are well and welcome to the new update on VeChain.
On the short-term 4-hour chart, the price action of the Vechain is completing the last leg of the bullish Butterfly pattern and soon it will be entered the potential reversal zone.
This trade has a huge profit possibility of 31.5%, and the high loss possibility up to 8.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
VET ANALYSIS (SECOND ATTEMPT AT RESISTANCE)VET ANALYSIS:
VET recently hit both T1 and T2 take profit spots! Congrats to those who followed thru with my previous post! VET dropped back down and is now again, a buy. Look for entry near 70 sats, and put targets back into place as followed: T1 at 77 sats, T2 at 81 sats, and T3 at 89 sats. VET is expected to make another run up at the daily resistance block. I would exit this trade upon entering the red zone as it is a known rejection area. 200MA held well as support and RSI and Stoch now have plenty of growth after the recent breather. The only downside is decreased volume, a possible double bottom at 60 sats is still in play, but not as likely. Look for a move back up towards T1 and T2.
Possible Entries: 68-71 sats