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VeChain (VET) - August 4

BINANCE:VETUSDT   VeChain / TetherUS
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(VETUSDT 1D Chart)
Resistance: 0.04214-0.05546

1st support: 0.02299-0.02452
Secondary support: 0.01840

The 0.04216-0.05546 interval is the interval that determines the trend.

Therefore, the important key is whether it can be supported by rising to the 0.04216-0.05546 section.


To do this, we need to check if it can be supported by rising to the 0.02949-0.03286 section.


If it falls from 0.02299 and is resisted, it may lead to further declines, so a Stop Loss is needed to secure cash.

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** All descriptions are for reference only and do not guarantee a profit or loss in investment.

** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.

** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.

** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)

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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/

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