Weekly VETUSD Technical Analysis and Forecast - Cryptocurrencies - Forecast City

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Weekly forecast		VeChain technical chart
Symbol	VETUSD	Trading suggestion: We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.
Date	November 19, 2023 - 14:40
Current	uptrend
Forecast	continuation of uptrend
Midterm forecast: 0.01850 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: A peak is formed in daily chart at 0.02305 on 11/09/2023, so more losses to support(s) 0.01965 and minimum to Major Support (0.01850) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 53. Take Profits: 0.01965 0.02125 0.02660 0.03255 0.03905 0.04420 0.06939 0.08935 0.12522 0.15720 0.18755 0.23945 0.27985 Click on the level to view price action history.

Symbol	Released	Current	Forecast
VeChain (VETUSD)^free	Fri, 22 Mar 2024
VeChain (VETUSD)	Mon, 18 Mar 2024
VeChain (VETUSD)^free	Sun, 10 Mar 2024
VeChain (VETUSD)	Mon, 4 Mar 2024
VeChain (VETUSD)^free	Sun, 25 Feb 2024