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EMA34TRADER
May 13, 2021 4:46 PM

VET Looking Good From Here! Long

VeChain / US DollarBinance

Description

On the daily candle came down and touched the 20/50 EMA which is golden as every time VET has done this, it has bounced off for continuation. This was the move I have been waiting for before placing a buy order. I also see a bull pennant for VET and it could trade sideways for 1-2wks before breaking out. But overall it is looking good and next major price point from here is $0.466.

Note: not financial advice.

Order cancelled

I have had another look at the market and how VET follows BTC movement, and currently BTC is looking like it could drop further. It looks like BTC and ETH needs to correct more before the market can move up.
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