Vechain VET Launches Bounty HUGE TRADE Opportunity!An Altcoin that has popped into my radar following the news of a developer bounty is Vechain VET. Based on its technical analysis, it's price levels are at all time lows and there is a high reward trade opportunity especially with the announcement of the bounty. Looking at its technical analysis we see Vechain VET going from around 0.00000105 Satoshis (Binance) to 0.00000120 & potentially 0.00000150 based on our targets.
Vetbtc
VET playI like how VEN looks here, buying around 100 sat (104-101) with a stop below 100 sat and targeting 150-158 sat is a play here. Another option (with confirmation) is/if VET breaks 120 sat and reclaims it as support (then buying 120 sat with a stop below that S/R and targeting same 150-158 sat)
VET INTERESTING AGAINI think that is clear that the price of VET is ranging between 130 and 100 satoshi.
What break above 130 is reversal and what break down 100 is a strong bearish continuation.
As VET is approaching again, the probable zone of accumulation, i will try to accumulate VET, with stop loss easy to place.
BIO
Vechain is looking bullish!Hello traders,
Looking at daily chart, we see that Vechain just broke out from orange trendline, supported by large volume. Currently, Vechain is accumulating at blue trendline.
In case of breakout, next selling target is 141 Satoshi, looking to get back in at 38.2% fib level (130 Satoshi), where we see a confluent layer of resistance.
Stop loss: 119 Satoshi
Risk Reward: 6.67
Happy trading!
VET - 109%+ Potential Profits! [FREE TRADING SIGNAL]Pair: VET/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Moderate
Technical Analysis
- Powerful Compound Fulcrum Bottom Formation (12H)
- Fulcrum Bottom Neckline Breakout
- Strong Volume
Our Entry Zone
0.00000116 - 0.00000125 (re-test of bottom neckline break or up to 125)
Our Targets
1: 0.00000160
2: 0.00000200
3: 0.00000245+
Our Stop Loss: 0.00000104
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Crypto Eye Team
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DISCLAIMER:
This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more.
Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.