VETUST trade ideas
Don't miss the great buy opportunity in VETUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0165). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. VETUSDT 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 47.
Take Profits:
TP1= @ 0.0190
TP2= @ 0.0210
TP3= @ 0.0230
TP4= @ 0.0285
TP5= @ 0.0366
SL= Break below S2
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VET short it.VET/USDT chart is making a possible bull flag with range getting tight which will lead a breakout in near future by in next few days VET is going to decline in price if this bar closes below the resistance, it is forming a textbook pull scenario in which price goes above resistance but closed below it which lead to a further decline in price basically it is rejected from the upper line.
Vet-4 hour doji 4 hour time frame doji candle formed.
got rejected by the weekly support as well the descending triangle formation.
Vet-shortgetting supported by golden ratio and again getting rejected at the top of descending triangle.
VET USDT 0;0265 ; VET BTC 260 SATS - VET Next target could be USDT 0,0265 and BTC 260 sats.
*** Just sharing my opinion, not an invest ment advice.
VET Long Idea seems we have break out with trend line .Target can be 0.2 feb levels entry support 0.3 feb levels .
Declaimer:
###All the analysis provided here is only for education purpose not a trade recommendations .Do your own analysis before taking trade.###
