VET's Bullish Trend

7 ก.ค. 2020

Just an idea...This project has a lot of great news surrounding it with real adoption. It's a long term hold for me, but this is what I'm watching for right now. Based off of the drop starting back in Feb '20 to it's lowest low, we can see VET has already hit a 100% retrace, had a healthy consolidation, and kept moving up. Biggest resistances I see are dating back to 2018 as labeled. My thought is that we may not push through immediately, but if we can clear the 3.618 retrace with continued volume, then the sky is the limit. Really excited to see what's to come.

Full disclosure, I'm very green in TA, and would be happy to hear feedback.

10 ก.ค. 2020

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Already came back down to 0.0169, bounced, and is currently sitting back at .019...Hard to tell if there is enough volume to keep going, but it's no longer overbought on the hourly or 4hr charts. Still pretty overbought on the daily though. Wouldn't be surprised if we see it come down for the next couple of days to build some support with a candle close at .0169. Based off of recent activity, it also wouldn't surprise me if that single daily wick down to .0169 is all that was needed and we're ready to go up and clear/test our resistances from 2018 at .01997 (which we will probably easily clear) and .0269 which will be much more telling.

Either way, happy alt season everyone! It's been a great ride so far!

14 ก.ค. 2020

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Getting ready for the next leg up?

14 ก.ค. 2020

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