Vechain showes a clear double bottom and formed a cup and handle. only a 3X and we are in the top 10 on CoinMarketCap. Fundamental wise we have: December: New authority node announcements and new Whitepaper January: San Marino going live, DNV-GL launching 900K wallets Februari: France-China food tracebility going live March: China vaccin tracebility going live on Vechain April: BTC halving event.
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We also have a Golden Cross of the 50MA over the 200MA incoming! Volume confirmes my bullish bias, we are in for a big jump and will probably outpace Bitcoin untill the end of februari.
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Due to the hack this entire bullish setup and build-up momentum fell apart and we broke our triangle. I had a stop-loss so I was able to get some extra VET when getting back in. We will have to see what BTC does next and with what news VET comes out. This December we are still expecting Whitepaper 2.0 and Authority Node announcements together with a new block explorer.
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