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Let’s dive in and analyze one of the veteran coins in the cryptocurrency space, VET, which has a high potential for movement. Together, we’ll identify its entry triggers.
🌐 Overview Bitcoin
Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together.
This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames.
📊 Weekly Time Frame
In the weekly time frame, VET is one of the coins that’s in a relatively good position compared to other altcoins. While most altcoins have recorded new lows, VET has never lost the 0.01430 level!
After being supported at 0.01922 and closing a green weekly candle, we experienced an upward move. Currently, we’re stuck at the resistance of 0.03176, and it seems we’re pulling back to this resistance.
📉 Daily Time Frame
In the daily time frame, after an upward wave that didn’t quite reach the 0.09 resistance, a fake candle occurred, and we entered a box between 0.04197 and 0.05253. Seller presence and a rejection from the middle of the box led to losing the 0.04197 support.
After breaking this support, we experienced a sharp decline. When we reached the 0.01925 support, the bearish momentum hit its lowest point, and we saw reactions from buyers, leading to an upward move.
Currently, we’re below the key resistance at **0.03233**. After breaking this level, we can expect a sharp upward move. You can take a position in both **futures and spot**, with the safest stop loss for your buy at 0.01925
✍️ Final Thoughts
Stay level headed, trade with precision, and let’s capitalize on the market’s top opportunities!
This is our analysis, not financial advice always do your own research.
What do you think? Share your ideas below and pass this along to friends! ❤️
Let’s dive in and analyze one of the veteran coins in the cryptocurrency space, VET, which has a high potential for movement. Together, we’ll identify its entry triggers.
🌐 Overview Bitcoin
Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together.
This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames.
📊 Weekly Time Frame
In the weekly time frame, VET is one of the coins that’s in a relatively good position compared to other altcoins. While most altcoins have recorded new lows, VET has never lost the 0.01430 level!
After being supported at 0.01922 and closing a green weekly candle, we experienced an upward move. Currently, we’re stuck at the resistance of 0.03176, and it seems we’re pulling back to this resistance.
📉 Daily Time Frame
In the daily time frame, after an upward wave that didn’t quite reach the 0.09 resistance, a fake candle occurred, and we entered a box between 0.04197 and 0.05253. Seller presence and a rejection from the middle of the box led to losing the 0.04197 support.
After breaking this support, we experienced a sharp decline. When we reached the 0.01925 support, the bearish momentum hit its lowest point, and we saw reactions from buyers, leading to an upward move.
Currently, we’re below the key resistance at **0.03233**. After breaking this level, we can expect a sharp upward move. You can take a position in both **futures and spot**, with the safest stop loss for your buy at 0.01925
✍️ Final Thoughts
Stay level headed, trade with precision, and let’s capitalize on the market’s top opportunities!
This is our analysis, not financial advice always do your own research.
What do you think? Share your ideas below and pass this along to friends! ❤️
💥 Don’t Miss Out!
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.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.
💥 Don’t Miss Out!
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.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.