Vechain in upward trend |Testing previous double tops ! |
Hi Traders,
We are looking at the 1 hour graph of VET/USD.
As we can see, the trend is going upward for around 10 days now. Possibly testing the previous double tops in the next coming days. When it breaks the previous tops, we could enter into price discovery.
Vechain's idea is to boost the efficiency, traceability and transparency of supply chains while reducing costs and placing more control in the hands of individual users. The traceability goal could solve the problem of "fake products" in this world. Which is huge.
This is not financial advice, I am not a financial advisor.
Thanks.
We are looking at the 1 hour graph of VET/USD.
As we can see, the trend is going upward for around 10 days now. Possibly testing the previous double tops in the next coming days. When it breaks the previous tops, we could enter into price discovery.
Vechain's idea is to boost the efficiency, traceability and transparency of supply chains while reducing costs and placing more control in the hands of individual users. The traceability goal could solve the problem of "fake products" in this world. Which is huge.
This is not financial advice, I am not a financial advisor.
Thanks.
Comment:
Seems like it broke trough previous double tops
Comment:
Target: 0,111 (0,786 FIB)