VeChain, Polygon & SafeMoon — Asian Wrap 24 Nov


VeChain price downside risk remains elevated, but oversold readings in the oscillators indicate that risk is limited. A strong bullish entry opportunity would likely return VeChain to a push towards new all-time highs. VeChain price has two trade setups on its $0.001/3-box Reversal Point and Figure Chart. 

 

MATIC price remains inside a broader rising wedge pattern on its candlestick chart and has struggled to find support. However, the Point and Figure chart shows that a move above $1.70 could trigger some intense buying pressure and deny bears their selloff.

SafeMoon price is currently down by more than 57% from the all-time high it made back on October 29th. Some hints of price stabilization against Senkou Span B could trigger intense buying pressure. If not, an extensive dive south is likely. SafeMoon price is currently at a make or breakpoint.



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