VETBTC is heading for a bullish breakout. This barrier level has been tested before, and the price looks prepared the break that same level, and if this happens, the bullish trend will be established.
Supply levels: $0.0104, $0.0110, $0.0120
Demand levels: $0.0086, $0.0079, $0.0056
VETBTC Trends: Ranging
The coin price has been within the channel level of $0.0079 and $0.0056, but the price is pushing harder to break from the price resistance level of $0.0079 and if it does, the trend will be shaped for a bullish ride, the price might move up to $0.0086.
The price is sitting above the 14 Exponential Moving Average and is heading to catch up with the 50 Exponential Moving Average and the Signal lines and Histogram bars of the MACD Indicator are crossed for a bullish indication.
VETUSD Market Analysis
VETUSD has been in a tight ranging movement. The coin will possibly be breaking from any side of the resistance area, to establish a trend for the market.
The 4-hour chart is showing that the price is in-between the 14 and 50 Exponential Moving Averages, and the signal lines and histogram bars are in the flat zone, indicating low market volatility.
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