VEEBTC is now challenging the EMA50 resistance while trading above EMA100/MA200.
Prices for VEEBTC peaked at 24 satoshis after breaking above MA200.
A correction followed with VEEBTC printing a higher low 16-Sept. compared to 9-March.
After this higher-low, we are now seeing prices back above MA200 opening the doors for additional growth.
The RSI is strong and the MACD trending up...
Just a little longer before the next move.
The two main bullish potential scenarios are depicted on the chart.
We go super bullish above EMA100/EMA50 and MA200.
We stay bullish below these levels as well and expect a bounce if there is a retrace.
Conditions for change
If prices move and close below the last low at 7 satoshis, we are likely to see lower prices.
Namaste.
Prices for VEEBTC peaked at 24 satoshis after breaking above MA200.
A correction followed with VEEBTC printing a higher low 16-Sept. compared to 9-March.
After this higher-low, we are now seeing prices back above MA200 opening the doors for additional growth.
The RSI is strong and the MACD trending up...
Just a little longer before the next move.
The two main bullish potential scenarios are depicted on the chart.
We go super bullish above EMA100/EMA50 and MA200.
We stay bullish below these levels as well and expect a bounce if there is a retrace.
Conditions for change
If prices move and close below the last low at 7 satoshis, we are likely to see lower prices.
Namaste.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
Related publications
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.