NorwayBC

shall we go down before new leg up?

Short
BINANCE:VETUSD   VeChain / US Dollar (calculated by TradingView)
since break out December 28 (blue line) we have not seen any large volume , this is shown on the RSI where the trend is down both on the daily and 1 hour chart.
I think we should go down to support on the blue line if we break the red trend line on the 1 hour chart. Follow the trend line on RSI .

I am otherwise bullish on VET :) please comment ant tel me what you think:)


good luck

$VET

Comments

Great analysis! Like the plan and can follow your arguments! I Prefer the way down, back to support and with more volume into the resistance
+1 Reply
BTC will bring it down, we still got the 5th wave that will take us down, so this make alot of sense i sold half of my VET at .029 so im aiming for .021 and below
Reply
i like it, ty for sharing !
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