$VET/USDT 3h (Binance Futures) Rising wedge facing resistance
VeChain could reverse locally here, we know market is looking promising but let's prepare for a possible bearish move.
Current Price= 0.13576
Sell Entry = 0.13920 - 0.14490
Take Profit= 0.12850 | 0.11480 | 0.10160
Stop Loss= 0.15340
Risk/Reward= 1:1.2 | 1:2.42 | 1:3.58
Expected Profit= +19.14% | +38.42% | +57.00%
Possible Loss= -15.90%
Fib. Retracement= 0.236 | 0.5 | 0.786
Margin Leverage= 2x
Estimated Gain-time= 10 days
Current Price= 0.13576
Sell Entry = 0.13920 - 0.14490
Take Profit= 0.12850 | 0.11480 | 0.10160
Stop Loss= 0.15340
Risk/Reward= 1:1.2 | 1:2.42 | 1:3.58
Expected Profit= +19.14% | +38.42% | +57.00%
Possible Loss= -15.90%
Fib. Retracement= 0.236 | 0.5 | 0.786
Margin Leverage= 2x
Estimated Gain-time= 10 days
Transaction en cours:
First entry filled
VeChain got rejected on supply zone again, let's see if it can retrace down now.
VeChain got rejected on supply zone again, let's see if it can retrace down now.
Trade fermée: cible de profit atteinte:
TP1 reached with +19.14% (2x) and +1.2R
After almost being stopped, VeChain got rejected and broke-down hitting first target.
It could keep retracing during coming days but SL moved to 2nd entry in any case (0.14490$).
After almost being stopped, VeChain got rejected and broke-down hitting first target.
It could keep retracing during coming days but SL moved to 2nd entry in any case (0.14490$).
Trade fermée: cible de profit atteinte:
TP2 reached with +38.42% (2x) and +2.42R
VeChain broke-down 50MA and went for 2nd target, last one is still in play, SL at 1st entry now (0.13920$)
VeChain broke-down 50MA and went for 2nd target, last one is still in play, SL at 1st entry now (0.13920$)
Trade fermée: cible de profit atteinte:
TP3 reached +57.00% (2x) and +3.58R
That's a wrap for VeChain short, all targets achieved, reversal could be in!
That's a wrap for VeChain short, all targets achieved, reversal could be in!
