Hello traders,
Looking at daily chart, we see that Vechain just broke out from orange trendline, supported by large volume. Currently, Vechain is accumulating at blue trendline.
In case of breakout, next selling target is 141 Satoshi, looking to get back in at 38.2% fib level (130 Satoshi), where we see a confluent layer of resistance.
Stop loss: 119 Satoshi
Risk Reward: 6.67
Happy trading!
Looking at daily chart, we see that Vechain just broke out from orange trendline, supported by large volume. Currently, Vechain is accumulating at blue trendline.
In case of breakout, next selling target is 141 Satoshi, looking to get back in at 38.2% fib level (130 Satoshi), where we see a confluent layer of resistance.
Stop loss: 119 Satoshi
Risk Reward: 6.67
Happy trading!
Nota
Vechain found solid support at 119 Satoshi. It will probably form tightening equilibrium/bull flag from here for more bullish action! Again the target for this trade is 140 Satoshi, but there are few swing trade opportunities.
Nota
Vechain is about to breakout. The volume is increasing. However, this could be also fake out. Wait for the confirmation in 5/15 min time frame. Swing idea is indicated in the graph (in case of bull breakout)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.