Bitgolder

VET VECHAIN USD : MACRO BULL FLAG BREAKOUT! $13 TARGET

Long
Bitgolder Updated   
BINANCE:VETUSD   VeChain / US Dollar (calculated by TradingView)
VET is looking bullish . VET hasn't had very much attention in the last few years but I believe its time is coming. There is a major macro bull flag forming and could possibly be completed. A measured move from this bull flag will shoot VET into the $13 to $15 range in a short period of time. Im not sure what kind of news or developments will come out of this project but something is coming. VET is also a great and secure proof of stake coin, and now with the USA government signing executive orders talking about regulating the energy consumption of proof of work coins because of their impact on the environment it means that proof of stake coins will probably explode. Maybe ETH heard something through the grapevine about this and hence why it switched to proof of stake? Either way the chart formation is valid and whatever news comes out it will be huge to fuel this type of run. This is not financial advice this is just my opinion. Thank you
Comment: This is an update to the chart above. I made a mistake on my target of 13 bucks. The flagpole should have been on the bottom support line of the channel, so i have since corrected my mistake and. My new target is about $2-$4


Stochastic RSI is heading up on a fresh curl from extreme lows and the MACD has a fresh curl up as well.

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