Long

VeChain (VET) falling wedge breakout. TO THE MOON! Target 125%

Aggiornato

VET broke a large falling wedge that lasted almost a month.

The breakup comes with a nice volume increasing, next to the breaking of the wedge the price also crossed the ichimoku cloud and is about to cross the 200MA.

20MA is holding as dynamic support and both MAs are pointed upwards, RSI is in a very strong uptrend just like the MACD, all indicators point to a big growth in the price of VET in the coming weeks.

The next important resistance is close to 129, and after the disruption of this zone, we will officially leave the consolidation zone that exists since November between 102 and 129 satoshi.

Targets below in the next comment! To the moon!

Nota

#VET #VETBTC (Binance, Bitfinex, HitBTC, Huobi, Bithumb)

Buy-Long: 112-113

Short-Term Targets:
1st: 126
2nd: 144

Mid-Term Targets:
3rd: 162
4th: 185

Long-Term Target:
5th: 243

SL: 105

Trade attivo

Trade chiuso: obiettivo raggiunto

Target 1 already reached! VET is tasty, to the moon baby!

Trade attivo

LiuTrader

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