VETBTC Price Analysis – June 26
The pair may have concluded Tuesday trading on the level at 0.00000078 and surging to about 21% gain on high demand. This is the biggest single-day gain in over a long period. Closing above the Mondays high on the level at 0.00000068, VETBTC has confirmed its breakout through the previous session.
Supply Level: 0.00000050, 0.00000057, 0.00000062
Demand Level: 0.00000104, 0.00000092, 0.00000086
VETBTC Long term Trend: Bearish
Buyers have managed to take out the key demand zone on the level at 0.00000072, and the price has retraced back to the level at 0.00000069 which is likely to act as support going forward.
After spiking up to the level at 0.00000080 and above during the day, VETBTC found resistance at the moving average track area on the level at 0.00000083. The trend is bearish for now and it is still showing an intact downtrend in the long term.
VETBTC Short term Trend: Bearish
The market found sellers again today around the level at 0.00000080 for the third day in a row after having found demand on the level at 0.00000062 in the previous session and at 0.00000062 two days ago.
Despite a weak opening VETBTC may manage to close above the prior’s day’s open and close forming a bearish pattern as seen on the 4-hour chart, while the trend stays bearish.
Note: Dapplife.com is not a financial advisor. Do your own research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results