VECHAIN (VENBTC) - POSSIBLE MOON TRIP?
Updated
Welcome everyone, hope you all are doing well. Let us look into another trading opportunity.
Vechain is another great project which has been moving up gradually lately. We can see a Cup and Handle formation on daily chart. Let us see what does the indicators say.
INDICATORS:
A closer look:
POTENTIAL TARGETS BASED ON FIBONACCI LEVELS:
Also note that, price movement of BTC will also affect the price of VEN. So, keep an eye out.
P.S: This is not an investment advice, and i am just learning. This is for my learning purpose only. Invest your capital at your own risk.
Those who wish to achieve greatness,
never seek for permissions.
They follow what their heart says,
and do what their mind states!
Good luck trading.!
Peace.
Vechain is another great project which has been moving up gradually lately. We can see a Cup and Handle formation on daily chart. Let us see what does the indicators say.
INDICATORS:
- Moving Average is curving upwards
- RSI is showing Bullish momentum.
- ADX and DI are giving Bullish signal.
- MACD is showing Buy signal i.e Bullish.
A closer look:
POTENTIAL TARGETS BASED ON FIBONACCI LEVELS:
- 50.8k
- 56.7k
- 62.2k
- 70.9k
- 81.6k
Also note that, price movement of BTC will also affect the price of VEN. So, keep an eye out.
P.S: This is not an investment advice, and i am just learning. This is for my learning purpose only. Invest your capital at your own risk.
Those who wish to achieve greatness,
never seek for permissions.
They follow what their heart says,
and do what their mind states!
Good luck trading.!
Peace.
Note
First target reached. *50K*We are moving Up.
Note
Already above the first 2 targets. Going for 62k.
Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Amorella: amorella.in/
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Amorella: amorella.in/
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