CryptoTrendline

VeChain Upside potential

BINANCE:VENBTC   None
VeChain (VENBTC) has been consolidating following the rally from the last few weeks.

If price falls down to the support area around 0.0005, we can expect a new rally up to the resistance area around 0.0006.
Once price reaches the resistance area, we can expect a reaction to the downside from there.
If price breaks below the support area, we can expect the ascending trendline to provide some kind of support.

Good Luck,
CryptoTrendline

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