In the long term it is likely going to want to be drawn towards the 0.03 round number.
In the short term, the crypto market as a whole is providing a bullish wave of support which might diminish leaving VET over-extended.
There is a confluence of many of the support and resistance levels which could create some volatility as the bull and bears argue, but a failure of which could precede a strong move.
As it is risky to fight the market general direction, a bull trade is indicated with a clear indication of where to go short if a bearish retracement occurs.
In the short term, the crypto market as a whole is providing a bullish wave of support which might diminish leaving VET over-extended.
There is a confluence of many of the support and resistance levels which could create some volatility as the bull and bears argue, but a failure of which could precede a strong move.
As it is risky to fight the market general direction, a bull trade is indicated with a clear indication of where to go short if a bearish retracement occurs.
Trade closed: target reached
Bullish bargain hunting occurring
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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.