VET must hold a price level between 47-34 sat levels in the coming days or week to keep this bullish setup in play.
VET bounces off at previous key support level and if this second time around will trigger a good buying opportunity,
the price could rally back up to 64 sats before facing strong resistance trend-line.
To invalidate this bullish analysis,...
Hello guys, thanks for reading this analysis!
VET/BTC is a beautiful chart currently. We broke out with heavy volume and ripped all the way up right below the 0.786 Fibonacci
Yet it seems we are consolidating for the next test to the upside. Why?
1. The RSI (14) is completely overbought, yet it seems like it won't cooling off, it looks more like the opposite...
VeChain (#VET) is an up and coming blockchain platform aimed at serving the logistics sector and the Internet of Things (IoT). The new blockchain was launched in July 2018, offering a swap of the older VEN token for the VET digital asset. VeChain is a dual-asset platform, with an elaborate system of staking nodes paying out rewards in VeThor (VTHO).
In a short to...
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