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Weekly forecast VeChain technical chart
Symbol VETUSD

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateJune 12, 2022 - 16:37
Currentdowntrend
Forecastcontinuation of downtrend

Midterm forecast:

  • 0.03905 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

  • The RSI uptrend #1 is broken, so the probability of continuation of downtrend is increased.
  • A peak is formed in daily chart at 0.03420 on 06/01/2022, so more losses to support(s) 0.02400, 0.01159 and more depths 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 36.

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