VeChain has created bullish AB=CD harmonics pattern. The pattern is used for both intraday and for longer timeframes. The point D signals a buy in the bullish pattern, which is identified anywhere between 127.2% and 161.8%. Since we had a reaction in the zone, the price is now on the move to the upside. The first level to look up is the confluence zone of horizontal resistance, 100 DMA and 23.6% Fibonacci resistance. Above it is also the falling trend line connect recent swing highs which will provide additional resistance if the first one is successfully taken care of. The stop should be below the recent swing low.