VET - SILENT BUT DEADLY
VeChain has been making silent but immaculate gains all year.
Climbing it's way up to $0.25 with ZIL, I think VET is primed for another move to the upside.
On the 12 hour chart you can see that we have just broken out of a nice ascending triangle & are retesting the top line as new support.
If this line holds in the next 12-24 hours, we could see nice price action to the upside in the coming days.
If trading margin, stop loss could be set just below the bottom wick of the last bounce in the ascending triangle, which would invalidate the move.
If trading spot, there is no need for a stop loss.
As for a price target I am looking at the $0.35-0.45 in the short term.
Not financial advice, always DYOR.
Climbing it's way up to $0.25 with ZIL, I think VET is primed for another move to the upside.
On the 12 hour chart you can see that we have just broken out of a nice ascending triangle & are retesting the top line as new support.
If this line holds in the next 12-24 hours, we could see nice price action to the upside in the coming days.
If trading margin, stop loss could be set just below the bottom wick of the last bounce in the ascending triangle, which would invalidate the move.
If trading spot, there is no need for a stop loss.
As for a price target I am looking at the $0.35-0.45 in the short term.
Not financial advice, always DYOR.
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