#Vemp/USDT Analysis:-
Let's start with the Higher time frame view.
Forming a Bullish Falling Channel since 21st Nov and we had a good breakout.
and currently at the point of the retest.
The high probability of an upward rally as soon as a retail investor will see the bottoming structure and they will start getting into this.
On the other hand,
by looking from a S&D ( Supply & Demand ) perspective...
Price is currently consolidating in a daily demand which is a bullish sign of accumulation is taking place, a break of structure in a low time frame will trigger the upward rally and a good green volume is expected.
You can Accumulate some here at Daily Demand zone.
Support:- $0.075 / $0.060
Resistance:- $0.091/$0.121/$0.187/$0.3/$0.5/$0.65
Resistance = Targets
Let's start with the Higher time frame view.
Forming a Bullish Falling Channel since 21st Nov and we had a good breakout.
and currently at the point of the retest.
The high probability of an upward rally as soon as a retail investor will see the bottoming structure and they will start getting into this.
On the other hand,
by looking from a S&D ( Supply & Demand ) perspective...
Price is currently consolidating in a daily demand which is a bullish sign of accumulation is taking place, a break of structure in a low time frame will trigger the upward rally and a good green volume is expected.
You can Accumulate some here at Daily Demand zone.
Support:- $0.075 / $0.060
Resistance:- $0.091/$0.121/$0.187/$0.3/$0.5/$0.65
Resistance = Targets
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.