VeChainLong
VET wedge breaktrough?
VeChain has been stagnant for quite some time now at around 0,10$, although it has reached the upper trendline of a wedge pattern. If the price breaks and successfully retests the upper trendline, VeChain might be looking at new all time highs. Nevertheless the prediction is very bullish, and would probably happen only if Bitcoin continues the surge and manages to hold above the 60k$.
The only thing that troubles me is the already quite high RSI, but if altcoins will surge if bitcoins makes a move and holds above ATH, we are likely to see a much more price momentum than I predicted.
The only thing that troubles me is the already quite high RSI, but if altcoins will surge if bitcoins makes a move and holds above ATH, we are likely to see a much more price momentum than I predicted.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.