Vechain can start looking up
Updated
Approaching the end of the declining wedge.
Breakout seem "imminent", Target in red.. Let's see.
Also kind of like their fundamentals, anyways... it's cheap right now.
Not an advice.
Weekly view, cleaner. Breakout in September?
Breakout seem "imminent", Target in red.. Let's see.
Also kind of like their fundamentals, anyways... it's cheap right now.
Not an advice.
Weekly view, cleaner. Breakout in September?
Note
I am on mobile, but now is the perfect time to buy VETNote
The weekly close will give us a good idea of the direction, but I am expecting up. -We have a bullish divergence on the RSI
-We have created a double bottom
-We have a hammer as our previous weekly close.
As I said, the next close will give us a good idea of the next direction, as of right now a gravestone doji close would be bad.
Conservative target of 100-115 sats. Still a bear market.
Note
A bit more zoomed in.-The 50 MA will give us trouble around 75-80 sats
Trade closed: target reached
Target reached. 75 sats, Second target 100 sats if we get an extended 5th.
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.