VeChain / TetherUS
Long
Updated

VET in bull flag

323
VET having correction after strong growth but there is hope.
Bull flag forming on the chart which could turn the price back up.
Rsi is oversold on 1hr chart, 2hr chart and nearly oversold on 4hr chart.
In case 0.00612 support holds there could be potential 40% gain in case this bull flag pattern does its job.
next strong support is 0.0058

Downward channel on 15min chart
snapshot

I already made entry on vet and this pattern that is forming is exciting but if btc will fall further it will likely drag vet down too.
So be aware making entry now is high risk.

Note
snapshot maybe this blue trendline and 0058 support can save us from further fall.
Still.. all depends on btc's next move

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