VETUSDT like BTC or other coins is situated into a huge huge falling wedge which finally will made a breakout.
We are NEAR at bottom of this wedge so a good long position here can be a good opportunity
We have some bullish signals like:- on Daily we have a huge bullish divergence
We are near at falling wedge support line
When i m 'playing' with charts it s really important to take in considerary also the COIN versus BTC , BTC/USDT and DJI. IF DJI will go up, BTC and other altcoins(all) will go UP. DJI it s the most important index for me on trading
The target from this wedge is 0.093$ aprox.
Good luck,it s a safe bet
Komentarz
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Here is my analysis ago 2 days,it s still active
*BTC Dominance in lower timeframe(untill 12hour) it s overexhausted, when btc dominance will come down the altcoins vs Satoshi(VETBTC,ADABTC, ETCBTC and so,) will go up like a skyrocket
Rejected at key resistance on daily, i beleive 0.35 is next
Rowhales
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@blakejohnsontf, you have bullish divergence also on VET/BTC on Daily. In you're case, just wait. I' m in Vet and ADA. Good luck
Faxfumo
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can you tell me where is the divergence? i see lower lows in the chart and lower lows in the RSI, hidden divergence not represented here! VECHAIN, BTC going doing the the next days. Be careful ... good luck
Rowhales
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@sergioc85, RSI going up + Price down= Bullish divergence.