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VET/USDT Potential Upward Movement

VET/USDT Price Long-Term: Bullish

Key Resistance Levels: 0.0679, 0.0700, 0.0750

Key Support Levels: 0.0608, 0.0596, 0.0550

Daily Chart:

On the daily time frame, the price is posting higher highs and lows signaling that the coin is in a clear uptrend. In addition, the price is trading within a bullish channel formation where VET posted a correction count to the lower end of this pattern where the daily support @ 0.0596 USDT level is located.

VET/USDT Medium-Term Trend: Bullish

4-hour Chart:

On the 4-hr time frame, the price is trading within a flag formation where the price is heading toward the confluence area between the 0.0597 USDT level and the 61.80% Fibonacci retracement level. Our expectation is a move upward toward the 0.06749 USDT mark.

Signal Idea:

Buy Stop Order @ 0.06085

TP 1 @ 0.06749

TP 2 @ 0.07000

Stop Loss @ 0.05765

Trade Safely 🙂

About Joe Damien

Joe is a proven Forex analyst and manual trader with 6 years of full-time trading experience. He is a swing trader that relies on price action, market structure and Fibonacci retracement. His two most successful pairs are CHF/JPY, CAD/JPY, but his expertise allows him to profit on any asset or pair.

5 comments

  1. Vet/usdt signal was 100% accurate…. I made good profit out of it… I really appreciate your help Joe Damien….. Thank again… Looking forward for another signals….

  2. Your Free daily signal ( while it maybe ok) is i have noticed always on fx
    pairs that certainly i have never heard of m, but most importantly none of my
    3 x brokers support those pairs !
    How about “popular” pairs instead ?

    peter

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