VETusdt 1H
VET has been following BTC moves and broader macro market suggestions. The negative price movement seen on its 1D chart exactly followed the BTC Chart. Sellers were taking advantage of the market condition.
After the double bottom at $0.02291 VET formed a beautiful bull channel, where it has already passed through the pressure of the Ichimoku cloud and a little more buying pressure can take VET to its closest resistance now that it is the edge top of the Keltner Channel at $0.02379 and after that the MM200 at $0.02475. An important indicator like RSI STOCH favored the bears on the 1-hour chart, VET could reach its support of $0.02355. Because of this overbought we can reach our target in the next 15 hours.
VET, need no introduction is the blockchain platform that offers Blockchain-as-a-Service to businesses for products and information. By leveraging blockchain technology, VeChain strives to build a distributed, trust-free business ecosystem that is self-circulating and scalable.
After the double bottom at $0.02291 VET formed a beautiful bull channel, where it has already passed through the pressure of the Ichimoku cloud and a little more buying pressure can take VET to its closest resistance now that it is the edge top of the Keltner Channel at $0.02379 and after that the MM200 at $0.02475. An important indicator like RSI STOCH favored the bears on the 1-hour chart, VET could reach its support of $0.02355. Because of this overbought we can reach our target in the next 15 hours.
VET, need no introduction is the blockchain platform that offers Blockchain-as-a-Service to businesses for products and information. By leveraging blockchain technology, VeChain strives to build a distributed, trust-free business ecosystem that is self-circulating and scalable.
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