Long
VEN/BTC Breakout To The Upside
VEN looks good for several reasons...
1) VeChain Mainnet releases JUN 30th and most likely will build with volume as the day approaches.
2) VeChain seems to be forming a nice Cup and Handle pattern...not yet quite finished forming yet. The Cup and Handle sell target price seems to be at .000911 and starts at about .00062
3) The volatility squeezed nice and tight from mid January to the beginning of April, forming a strong HVF pattern. Price broke out to the upside, slowly but surely. I prefer to keep it more conservative and sell at the HVF target price instead of the C&H targets.
4) My buy in target price is at .00054 but use your own discretion when deciding when to buy in. I based my target entry using the Fibb Retracement.
1) VeChain Mainnet releases JUN 30th and most likely will build with volume as the day approaches.
2) VeChain seems to be forming a nice Cup and Handle pattern...not yet quite finished forming yet. The Cup and Handle sell target price seems to be at .000911 and starts at about .00062
3) The volatility squeezed nice and tight from mid January to the beginning of April, forming a strong HVF pattern. Price broke out to the upside, slowly but surely. I prefer to keep it more conservative and sell at the HVF target price instead of the C&H targets.
4) My buy in target price is at .00054 but use your own discretion when deciding when to buy in. I based my target entry using the Fibb Retracement.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.