๐ Full Analysis of VTHO/USDT (1W Timeframe):
๐ Overview:
VTHO/USDT is currently sitting at a critical level after revisiting a strong historical demand zone around 0.0012โ0.0018 USDT. This support zone has been respected multiple times since mid-2022 and has acted as a key reversal point in the past.
๐ Bullish Scenario:
โ Support Zone Holding
The price is holding within the yellow support box, indicating active buyers and potential accumulation.
โ Possible Reversal Pattern
If the price forms a higher low or a clear rejection here, thereโs potential for a Double Bottom or even an Adam & Eve reversal pattern.
โ Potential Upside Targets:
Minor Resistance: 0.00214 โ 0.00279
Intermediate Target: 0.00406
Major Resistance: 0.0056 โ 0.011
Higher Target: 0.015 โ 0.022 USDT
Ultimate Long-Term Target: 0.0285 USDT (historical high)
๐ Bullish confirmation can come from: a strong bounce with volume, VeChain/VTHO ecosystem news, or general crypto market strength.
๐ Bearish Scenario:
โ Breakdown from Key Support
If price breaks down below 0.0012, it opens the risk of a further drop toward 0.00052 USDT, which is the multi-year low last seen in 2020.
๐ Bearish signs to watch:
Weekly candle close below support
Increasing sell volume
Weak buyer reaction near support
๐ Pattern Analysis:
๐ Potential Double Bottom Zone
The highlighted yellow zone may form the base for a double bottom reversal patternโa bullish setup if confirmed.
๐ Range-Bound Structure
Price has been consolidating in a wide horizontal range between 0.0018 โ 0.0056. A breakout from this range will determine the next long-term direction.
๐ข Conclusion:
VTHO is at a critical accumulation zone. If the demand zone holds, a bullish reversal may unfold with significant upside potential. However, a breakdown below the zone would invalidate the bullish setup and signal deeper downside.
#VTHO #VTHOUSDT #CryptoAnalysis #AltcoinSeason #TechnicalAnalysis #BullishSetup #BearishScenario #CryptoTrading #SupportZone #ReversalPattern
๐ Overview:
VTHO/USDT is currently sitting at a critical level after revisiting a strong historical demand zone around 0.0012โ0.0018 USDT. This support zone has been respected multiple times since mid-2022 and has acted as a key reversal point in the past.
๐ Bullish Scenario:
โ Support Zone Holding
The price is holding within the yellow support box, indicating active buyers and potential accumulation.
โ Possible Reversal Pattern
If the price forms a higher low or a clear rejection here, thereโs potential for a Double Bottom or even an Adam & Eve reversal pattern.
โ Potential Upside Targets:
Minor Resistance: 0.00214 โ 0.00279
Intermediate Target: 0.00406
Major Resistance: 0.0056 โ 0.011
Higher Target: 0.015 โ 0.022 USDT
Ultimate Long-Term Target: 0.0285 USDT (historical high)
๐ Bullish confirmation can come from: a strong bounce with volume, VeChain/VTHO ecosystem news, or general crypto market strength.
๐ Bearish Scenario:
โ Breakdown from Key Support
If price breaks down below 0.0012, it opens the risk of a further drop toward 0.00052 USDT, which is the multi-year low last seen in 2020.
๐ Bearish signs to watch:
Weekly candle close below support
Increasing sell volume
Weak buyer reaction near support
๐ Pattern Analysis:
๐ Potential Double Bottom Zone
The highlighted yellow zone may form the base for a double bottom reversal patternโa bullish setup if confirmed.
๐ Range-Bound Structure
Price has been consolidating in a wide horizontal range between 0.0018 โ 0.0056. A breakout from this range will determine the next long-term direction.
๐ข Conclusion:
VTHO is at a critical accumulation zone. If the demand zone holds, a bullish reversal may unfold with significant upside potential. However, a breakdown below the zone would invalidate the bullish setup and signal deeper downside.
#VTHO #VTHOUSDT #CryptoAnalysis #AltcoinSeason #TechnicalAnalysis #BullishSetup #BearishScenario #CryptoTrading #SupportZone #ReversalPattern
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โ Twitter: twitter.com/crypto_nuclear
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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.
โ
Get Free Signals! Join Our Telegram Channel Here: t.me/TheCryptoNuclear
โ Twitter: twitter.com/crypto_nuclear
โ Join Bybit : partner.bybit.com/b/nuclearvip
โ Benefits : Lifetime Trading Fee Discount -50%
โ Twitter: twitter.com/crypto_nuclear
โ Join Bybit : partner.bybit.com/b/nuclearvip
โ Benefits : Lifetime Trading Fee Discount -50%
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.