breakout from descending triangle
. We had both a MACD
cross on the 4hr chart prior to the breakout. Shorter term, like 15min and 1hr charts are less bullish
. The current 4hr candle needs to close above the triangle‘s top line and our next candle will confirm the breakout. Longer term charts are extremely bullish
. VET/ BTC
looks to have bottomed and turned up as well. We should see resistance around 0.024¢/ USD, could be a chance to reload. My current price target is around 0.031¢- 0.035¢ especially after a long consolidation. There’s a huge sell wall at 0.04¢ so expect a large rejection before continued bull run.