I came to this analysis by combining normal and Logarithmic chart.
Let's look at the chart see what we got:
VeChain successfully broke and important yellow Trend Line that gave us a green light. Successful upward breakout + re-test = moon
We're at the re-test area so I saw this as good accumulation area but there maybe another lower retest so I added another step of buy area but it is less possible..
When the bullish move is started our main resistance is around $0.251. So I can suggest you to take profit in that area and if the price successfully breaks that area it will give us another buy opportunity to the moon..
Good luck folks, and don't forget to push the like button and feel free to share your opinion in the comments ;)
Let's look at the chart see what we got:
VeChain successfully broke and important yellow Trend Line that gave us a green light. Successful upward breakout + re-test = moon
We're at the re-test area so I saw this as good accumulation area but there maybe another lower retest so I added another step of buy area but it is less possible..
When the bullish move is started our main resistance is around $0.251. So I can suggest you to take profit in that area and if the price successfully breaks that area it will give us another buy opportunity to the moon..
Good luck folks, and don't forget to push the like button and feel free to share your opinion in the comments ;)
