$BITFINEX:VETBTC
$BITFINEX:VETUSD
VET broke a large falling wedge that lasted almost a month.
The breakup comes with a nice volume increasing, next to the breaking of the wedge the price also crossed the ichimoku cloud and is about to cross the 200MA.
20MA is holding as dynamic support and both MAs are pointed upwards, RSI is in a very strong uptrend just like the MACD, all indicators point to a big growth in the price of VET in the coming weeks.
The next important resistance is close to 129, and after the disruption of this zone, we will officially leave the consolidation zone that exists since November between 102 and 129 satoshi.
Targets below in the next comment! To the moon!
Note
#VET #VETBTC (Binance, Bitfinex, HitBTC, Huobi, Bithumb)Buy-Long: 112-113
Short-Term Targets:
1st: 126
2nd: 144
Mid-Term Targets:
3rd: 162
4th: 185
Long-Term Target:
5th: 243
SL: 105
Trade active
Trade closed: target reached
Target 1 already reached! VET is tasty, to the moon baby!Trade active
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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.