VeChain (VEN) breakout on a daily time frame. Targets?

Hi guys,

We're keeping a close look at vechain's (VEN) price chart on a daily time frame which is currently trading on binance exchange and it has finally broken out of the downtrend channel. Is it ready for another ATH? Let's check out!

We can see a clean break out of the downtrend channel on a D1 time frame. Let's quickly find out the trade setup and possible targets.

TRADE SETUP

BUYING RANGE : 0.00050000 OR BELOW

STOP LOSS : 0.000435

TARGET : 0.00055700, 0.00063500

DISCLAIMER : THIS IS NOT A FINANCIAL ADVICE BUT THE BEST POSSIBLE PRICE FORECAST ACCORDING TO US. PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ACTIONS.

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