We looked at and traded VeChain (VETBTC) in the past with great results. We looked at this pair short- and mid-term... Here we are going to be looking at the long-term chart.
VeChain (VETBTC)
We are looking at the weekly timeframe (7 days per candle).
Prices are starting to move above EMA10 after 4 weeks of consolidation/accumulation.
Volume is low but going in favor of the bulls.
The RSI is strong and positioned for a strong move to happen next.
The MACD, as the RSI, also allows for additional growth and is positioned in a way that allows for massive growth.
These are just a few of the signals, this analysis is done by request... All the targets are marked on the chart (grey and orange dotted lines). These are Fib. targets.
Here is my weekly chart view for your followers to view Alan, always good for a different perspective or a common theory. Keep up the good analysis master!