Long term Vechain chart analysis~lets all pray BTC supports 53K~
<VET Chart>
(1)VET chart is showing triangle pattern. If VET shows some supports around the lower trend-line and break the upper trend-line, VET will show breakthrough around $0.3, so HODL
(2)If VET fails to support the lower trendline, then there's a chance that VET goes down to $0.19
(3)If VET shows support around $0.19 area, then there's a change that VET to reach to $0.216
(4)If VET fails to support the $0.19 line, then VET will show bearish trend until it finds supporting line
This VET chart reminds me of S&P500 chart back in 2011 December (lower high and lower low). We can't direct compare VET price to S&P500, but S&P is now 4173 (around 1200 back in DEC,2011). So let's wait and see how VET does.
(1)VET chart is showing triangle pattern. If VET shows some supports around the lower trend-line and break the upper trend-line, VET will show breakthrough around $0.3, so HODL
(2)If VET fails to support the lower trendline, then there's a chance that VET goes down to $0.19
(3)If VET shows support around $0.19 area, then there's a change that VET to reach to $0.216
(4)If VET fails to support the $0.19 line, then VET will show bearish trend until it finds supporting line
This VET chart reminds me of S&P500 chart back in 2011 December (lower high and lower low). We can't direct compare VET price to S&P500, but S&P is now 4173 (around 1200 back in DEC,2011). So let's wait and see how VET does.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.