VeChain Long-Term Chart With Targets (313% Mapped)

We looked at and traded VeChain (VETBTC) in the past with great results. We looked at this pair short- and mid-term... Here we are going to be looking at the long-term chart.

VeChain (VETBTC)

• We are looking at the weekly timeframe (7 days per candle).
  
• Prices are starting to move above EMA10 after 4 weeks of consolidation/accumulation.
  
• Volume is low but going in favor of the bulls.
  
• The RSI is strong and positioned for a strong move to happen next.
  
• The MACD, as the RSI, also allows for additional growth and is positioned in a way that allows for massive growth.
  

These are just a few of the signals, this analysis is done by request... All the targets are marked on the chart (grey and orange dotted lines). These are Fib. targets.

Thanks a lot for reading.
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Namaste.

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Previous chart | VETBTC Oct. 6, 2019