VEGAUSDT - SPOT - BUY1. Overview
- Vega Protocol has been invested by lots of famous ventures: Pantera, Hashed, Coinbase Ventures,... The ICO price was so high if we compare with current cheap price.
- More information: icodrops.com
2. Technical analysis
- Accummulative time during two years. It is coming to the end soon.
- Three bottoms.
- Exchange: Kucoin.
3. Plan
Entry: ~1$
TP: 3$ at least
SL: buy and hodl.
VEGAUSDT trade ideas
VEGA accumulation zone. Uptrend potential is huge- VEGA is at the accumulation zone for already 658 days
- Active team, strong fundamentals
- First target is at 10x from todays price
Finding the reverseBasically, that's a formation I'd love to see on VEGA in the next weeks to complete a reverse. Rising volume is a key here. No volume = delay in the growth. Still buying tho, so not really worried about the movements while the price holds the accumulation border. Just HODL...
VEGA BUY SPOT hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Idea for long Vega/usdtAt times, we can see the inflow of money into altcoins. This instrument is traded at -95% of its starting price. Seed round only x2-3. The tool is high-risk, but promising
VEGA/USDT 1D. Another interesting coin rn. Accumulation. ChannelVega/usdt 1d. Secondary trend.
In the secondary trend horizontal channel is formed. In this channel local uptrend channel was formed which recently broke down.
Before the break down of the channel the falling wedge formed.
The price dropped to the support of the secondary trend channel. Notice that the price hasn't dumped with the market recently.
We've dropped to the dec. 22 minimums and rn we're holding this level(0.7$).
Check out that the volume is also being accumulated in the coin as for now.
IF we break the current local downtrend - then we'll see the retest of the broken uptrend channel(77%) - shown on chart. Next target will be about 121% which is the middle of the horizontal channel.
Check out that the market is red right now so it's reasonable to take local targets ain't be that greedy. Though the higher targets are shown on the chart. I'm shown the real one as for me.
Also wanna notice that this pattern - falling wedge breaking down and then accumulating - is quite an often recently pattern on different ranges which often results into the pump.
Example which come into my head is DODO recently. Though the range there is bigger.
Also we're in about 0.666$ zone.
Vega bullish setupWhat is clear in this chart
This is after the price correction in the long term
Currently, the price after flooring is in a reasonable range
It is to start a medium-term upward movement
Vega - Where is the bottom?There is a lot of noise around VEGA, with such a noise there is no growth - only purchases in one hand ...
What do you think ? Where is the bottom?
