VeChain Challenging Resistance (VETBTC)(138% PP)Welcome to this updated analysis on VETBTC Let's get right to it!
VETBTC Targets:
0.00000133
0.00000147
This information is to be used for educational purposes only
Would be equivalent to a rise of 138% Therefore, if 0.0000147 can hold support line
A breakout above the trend line would cause ELFBTC to rally to about 138%
I expect to see a breakout to the upside.
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Vetbtc
VET is basically free money.This is a beautiful and clean chart and that's why I'll let the chart do most of the talking.
So to keep it short and simple:
- didn't make new historic lows
- we had an accumulation range
- broke out of range on high vol
- first tiny resistance became support
It doesn't get more clean than this.
I'm targeting 187 sats (the 0.5 fib).
However you could play it more conservatively and aim for 167 sats.
Cheers.
VeChain- Can we break out?After #Vechains recent news & updates price is at our key resistance again. We need to break the Key resistance to confirm a bullish trend and the end of the sideways market. If we manage to break out this would be the targets to watch for! (Marked as T1,T2,T3)
Im no financial advisor
VETBTC Breakout and SignalVETBTC has had an interesting price breakout from its bottom. We expect a follow on movement with a short term potential gain of 29% (targets 1 and 2). This scenario is invalid if the price drops back to pre-breakout levels so this gives us a natural place for our stoploss.
Buy: 130 - 133
Target 1: 156
Target 2: 172
Target 3: 191
Target 4: 217
Target 5: 245
Stoploss: 116
VeChain Challenging Resistance (VETBTC)(138% PP)VeChain is trying to move and now trading above two major resistance, EMA10 and EMA50.
Today's candlestick is a high volume bullish candlestick, which can signal the beginning of a strong move.
Note: VETBTC needs to close above EMA50 (0.00000113) for the above signals to be confirmed.
Trade: VeChain (VETBTC) with Alan Masters
Buy: 0.00000105 – 0.00000115
Target:
(1) 0.00000122 -Reached.
(2) 0.00000132
(3) 0.00000152
(4) 0.00000162
(5) 0.00000182
(6) 0.00000202
(7) 0.00000222
(8) 0.00000262
Stop loss: Close weekly candle below 0.0000091.
Capital allocation: <10%.
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