ZwijBerg

$VET at resistance

ZwijBerg Updated   
BINANCE:VETUSDT   VeChain / TetherUS
#VeChain is facing heavy R after the latest bounce.
As you can see in the chart, the 200D EMA and year long trendline resistance is holding it down here.

Caution is needed here too.
Comment:
As described in previous post, $VET hit resistance and it didn't break on the first time.
A -14% downmove is the result.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.