Sideways action is not ideal for Vechain. However, it is looking more bullish than in previous areas. With the BTC Dominance, if that does come down, we could see a good move upwards.
Needs to break up and over the EMA34 region first and hold as support.
Rejection could see another low.
ALL ABOARD!! BUY your tickets for the Vechain express to the MOON if you havent already!! Not many people have talked about this SLEEPING GIANT too many fundamental to list, I have made a youtube video on my channel www.youtube.com
anyway the biggest sleeper i think is Vechain i got a first class ticket on the Vechain Train
VeChain is entering a BUY zone at $0.0045. SELL when price rises to $0.00052.
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One of the biggest casualties of this bear market in this recently cycles with Bitcoin moving up since April.
Vechain is a good option again for the long-term with it's product however be mindful that Bitcoin is a big controller in this market.
Possible huge gains when this does turn around, wait for possible entry on a confirmed turn over the EMA34.
situation is obvious. but based on stochastic and also VET/BTC situation I see a higher chance of braking top line. another strategy is be careful and deal with it in the triangle.
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