Good evening, Dear Subscribers!
Past month there were few signals and analyses due to market conditions and we had to post them in Premium channel only. Recent successful series of signals show that market seems to start recovering. Number of strong trading ideas grew significantly past week. Today we start sharing some of analysis with public here on TradingView again :)
As a welcoming gift for new users we would like to share promo codes:
«HappyUnlim» - grants you 80% discount for Full Pack combo and Unlimited time subscriptions
«SRSAirdrop2x» - multiplies your subscription time by 2
«SRSView» - 30% Discount for all subscription types and services for our TradingView followers
Technical analysis:
It has been noticed that BTC gains power and slowly crawls upward while Alts demonstrate times faster growth. Vechain seems to lag behind in this rally, however it reached Fib 1 retracement level and global bottom. The most important is that we see a third fractal breakout from descending crossed trend line. The price is above EMA50 (Blue line) confirms the reverse. Stoch RSI is in overbought area, however volume goes up, while MACD is Bullish.
VET broke a large falling wedge that lasted almost a month. The price crossed Ichimoku red cloud resistance. EMA20 holds a dynamic support, RSI is in uptrend.
Overall: indicators shows possibility of a large growth we recommend to hold VET for several weeks
The next important resistance is around 0.00000126, then long term consolidation will finish and bull run will start
Signal:
Buy zone: 0.00000103-112
Sell targets:
0.00000126
0.00000154
0.00000181
Stop loss:
0.00000097
Past month there were few signals and analyses due to market conditions and we had to post them in Premium channel only. Recent successful series of signals show that market seems to start recovering. Number of strong trading ideas grew significantly past week. Today we start sharing some of analysis with public here on TradingView again :)
As a welcoming gift for new users we would like to share promo codes:
«HappyUnlim» - grants you 80% discount for Full Pack combo and Unlimited time subscriptions
«SRSAirdrop2x» - multiplies your subscription time by 2
«SRSView» - 30% Discount for all subscription types and services for our TradingView followers
Technical analysis:
It has been noticed that BTC gains power and slowly crawls upward while Alts demonstrate times faster growth. Vechain seems to lag behind in this rally, however it reached Fib 1 retracement level and global bottom. The most important is that we see a third fractal breakout from descending crossed trend line. The price is above EMA50 (Blue line) confirms the reverse. Stoch RSI is in overbought area, however volume goes up, while MACD is Bullish.
VET broke a large falling wedge that lasted almost a month. The price crossed Ichimoku red cloud resistance. EMA20 holds a dynamic support, RSI is in uptrend.
Overall: indicators shows possibility of a large growth we recommend to hold VET for several weeks
The next important resistance is around 0.00000126, then long term consolidation will finish and bull run will start
Signal:
Buy zone: 0.00000103-112
Sell targets:
0.00000126
0.00000154
0.00000181
Stop loss:
0.00000097
Trade active
The price moved to the buying zone and bouncesNote
From the lower part of our buy zone 0.00000107 the price went up to 0.00000125Potential profit if you sold around our 1st target is 16.8%
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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.
Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.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.