VERIUSD , Veritaseum would probably begin a new uptrend !!
Technical analysis:
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough", in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 193.8
TP2= @ 251.1
TP3= @ 317.7
TP4= @ 543.9
TP5= Free
- VERITASEUM/DOLLAR is in a range bound and Beginning of up trend is expected.
- The price is below the 21-Day WEMA which acts as a dynamic resistance.
- The RSI is at 41.
Trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*There is possibility of temporary retracement to suggested support zone (119.9 to 84.6), if so, traders can set orders based on Price Action and expect to reach short-term targets. - Beginning of entry zone (119.9)
- Ending of entry zone (84.6)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough", in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 193.8
TP2= @ 251.1
TP3= @ 317.7
TP4= @ 543.9
TP5= Free
High Accurate AI-Generated forecasts for:
🌟36 Forex Pairs
🌟175 Cryptos
🌟16 Stock & Currency Indices
🌟Gold,Silver,Oil,Gas
✅ Best Profitable Trading Strategies
✅ in 9 languages
✅ since 2007
FREE Telegram 👉 t.me/forecastcity_com
🌟36 Forex Pairs
🌟175 Cryptos
🌟16 Stock & Currency Indices
🌟Gold,Silver,Oil,Gas
✅ Best Profitable Trading Strategies
✅ in 9 languages
✅ since 2007
FREE Telegram 👉 t.me/forecastcity_com
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.