V12bull

VET breaking it

לונג
BINANCE:VETUSDT   VeChain / TetherUS
Usually when the rising wedge is present, the probability of the price to break downwards is higher. But I can't say the same for crypto since the sentiment is positive. True enough the price has break through the upper limit of the rising wedge and maintain above the line.

Unfortunately it is also hitting the resistant of 0.137-0.139 and bouncing between the resistance and the upper line of the wedge.

Will it break the resistance an go to 0.155? Yes, it will because the RSI shows strength. The buying interest is still there. Hence, for VET to hit 0.155 is going to happen and then 0.19.


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