Dear friends welcome to the new update on Vechain.
Previously the VET formed a nice trade setup and gave us chance to earn good profits.
This time on the daily time frame char the VeChain has reached the resistance of a symmetrical triangle.
On the other hand, the Bitcoin is very close to the resistance of descending triangle.
Now we can observe the BTC move if it breaks out the resistance then VET can also breakout and start a powerful rally.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Previously the VET formed a nice trade setup and gave us chance to earn good profits.
This time on the daily time frame char the VeChain has reached the resistance of a symmetrical triangle.
On the other hand, the Bitcoin is very close to the resistance of descending triangle.
Now we can observe the BTC move if it breaks out the resistance then VET can also breakout and start a powerful rally.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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.
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.