$VET Ascending Triangle - Breakout Soon

26 Okt 2021

VET is currently in an uptrend on the daily timeframe and approaching resistance at $0.155 cents.

VeChain is in an ascending triangle which is a bullish chart pattern.

I am LONG expecting VET to breakout of this resistance and flip it into support before continuing towards ATH of $0.28 cents.

Should this pattern breakdown VET will look for support at $0.12 with deeper support at $0.10

3 Nov 2021

Catatan

Ascending triangle broke down and has bounced off of support at ~$0.12.

I believe this is a fake out and a quick breakout is imminent with ETH in price discovery new all time highs.

5 Nov 2021

Catatan

Breakout through 0.15 level, looking to flip it into support before we continue towards old ATHs (0.27)