Total Quality
Score
If You Had Traded on This Analysis…
Fail
VETUSDT
Long Entry
0.0241
2025-08-08
15:30 UTC
Target
0.1300
Fail
0.0180
In 2 Months
Risk/Reward
1 : 17
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Final PnL
-25.22%
P/L: —
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The analysis focuses on VETUSD, identifying a potential 1-2 setup on the 4-hour chart. The analyst expects a third wave move up, targeting 0.039 cents. A break above the previous local highs at 0.026 and then 0.029 is necessary for the upward move to continue. The analyst identifies a 0.618 support level that reacted well and is waiting for a 5 wave move to the upside. Resistance by the 200-day moving average. On the daily chart, a larger 1-2 setup is recognized, still valid. A third wave could reach around 0.05 cents. Potential bullish target to 0.13. Also, the analyst stated that they do not expect anything soon because bitcoin dominance went down like 6%.
