Vechain broke through the symmetrical triangle and 200MA. Let's wait for the end of the day to see if VET will close daily candle above symmetrical triangle and 200MA.
Comment:
Vechain successfully broke through 200MA,
- successfully broke through the symmetrical triangle,
- successfully tested the support line and continued to rise.
This pattern basically started to form at the beginning of the year - if this breakout doesn't turn out to be a fakeout, it will mean a lot for further growth. The targert of this breakout is 0.35$. I think now is a good time to buy VET.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
- successfully broke through the symmetrical triangle,
- successfully tested the support line and continued to rise.
This pattern basically started to form at the beginning of the year - if this breakout doesn't turn out to be a fakeout, it will mean a lot for further growth. The targert of this breakout is 0.35$. I think now is a good time to buy VET.