Vechain Looking Fantastic

21 Mar 2021

VET undoubtedly has the best looking chart out right now on the month, we have had a very steady climb and recently have made New ATHS and hanging out in price discovery mode, for the short term (next day or two) i think there is going to be some profit takers and a little bit of selling on vechain. Our stoch RSI has been hovering around the overbought area and has now shot up into that zone. we also see the Wave Trend Oscillator is pushing into the top zone. We could possibly see a little bit of a cool off bringing us down to maybe the 0.2 FIB but i doubt we would see price go any further than that, Our EMA ribbons are showing no signs of cooling down, they are pointing up and actually starting to open up even more. Overall super bullish on Vechain we have been seeing lots of institutional adoption and attention and i believe a lot of people are starting to realize what VET is and what the ecosystem is providing! Remember the past week we have seen overall very red days in the crypto market yet VET was still shining showing its strength! If we do see a little cooloff dip i dont think itll last for long then we can continue the push up! NFA just my opinion