VET consolidating below 0.06 resistance level
VET has hit the 0.06 resistance level on 2 different 1 hr candles, validating this resistance level as a temporary short term top.
It might go sideways during consolidation, which might be likely. However, if it does correct to the 0.05 level, it might find strong support with the potential convergence of the 50 EMA, the 0.05 level, along with the short term trend line that began on the 10th of feb. Price action on major resistance levels to confirm analysis
Overall direction of VET is still up.
It might go sideways during consolidation, which might be likely. However, if it does correct to the 0.05 level, it might find strong support with the potential convergence of the 50 EMA, the 0.05 level, along with the short term trend line that began on the 10th of feb. Price action on major resistance levels to confirm analysis
Overall direction of VET is still up.
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