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VETBTC trade ideas

VeChain's Cycles vol. 2 Hello friends, thank you for looking at my analysis, I will try to keep my words short. As you can see VeChain moves in a fairly accurate cycle that consists of three parts: Descending Trend (bearish), Ascending Trend (bullish) and the Accumulation Phase (sideways) . In order to forecast future movements, I used a simple calculation called averaging, you can see the individual formulas in the brackets on my chart. The mean value of the bearish cycles was 114 days , we will soon have this behind us and begin the next accumulation phase. Furthermore, the mean value of the accumulation cycles is 77 days. And last but not least, The mean value of the bullish cycles is 42 days. I have projected these values ​​onto the future for you in order to achieve the most realistic result. All cycles are marked with a number and they go from 1-12. In context this means: According to the mean value analysis, we are at the end of the bearish movement wich lasted from: July 13th - November 2nd We are now entering the next cycle phase wich is called accumulation phase. This will last from: November 2nd - Jannuary 18th (2021) The next bullrun is expected from January 18th to March 21st I hope this helps you for future references, tried to keep it short. Greets, Doctor Pleb (This is never financial advise)
by YamiK
11
💡Don't miss the great buy opportunity in VETBTCTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00000067). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . VETBTC is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 38. Take Profits: TP1= @ 0.00000085 TP2= @ 0.00000110 TP3= @ 0.00000140 TP4= @ 0.00000190 TP5= @ 0.00000235 TP6= @ 0.00000270 TP7= @ 0.00000335 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
12
💡Don't miss the great buy opportunity in VETBTCTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00000067). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . VETBTC is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 38. Take Profits: TP1= @ 0.00000085 TP2= @ 0.00000110 TP3= @ 0.00000140 TP4= @ 0.00000190 TP5= @ 0.00000235 TP6= @ 0.00000270 TP7= @ 0.00000335 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
11