VeChain Looks Amazing! VET Traders Rejoice haha!

VeChain Looks Amazing! VET Traders Rejoice haha!

VeChain has finally found a bottom and now the structure looks very bullish. We had a double bottom at 62 sat, we exited the red zone on Nov 23rd, we had a perfect handoff of resistance and support at 78 sat, we broke the 50 day sma and now confirmed it as support, we confirmed a cup and handle yesterday above the 200 week moving average, and we are ready for blast off. The low target estimate is around 116 sat or a solid ~30% gain. It’s looking pretty awesome!


Bitcoin is struggling to keep up the momentum. We are seeing the first signs of the top of this next run and the bull trap will start to be easier to see. Stay patient! Good luck in your trading everyone!

Comments

Popular posts from this blog

How to Trade Crypto: Technical Indicators

BTC &. ETH Updates. How to Read a Candlestick on a Crypto Chart

Large Cap Altcoin Capitulation!