VeChain: Rise from Channel Bottom to Top or a Big Breakout?
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๐ Technical Analysis: VeChain has been consolidating within a price channel and recently found support at the channel bottom. It has also broken its downtrend line and a key static resistance level, now pulling back to this zone.
๐ Buy Signal: ๐ฏ Targets: ๐น First Target: Channel top ๐น Second Target: If the channel breaks, a move equal to its width
๐ข Whatโs your opinion on this analysis? Drop a comment! ๐๐ฅ
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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.