In all the time frames, 1h, 2h, 4h, this is a clear breakout from the semi bull flag created after the rise from symmetrical triangle.
Now, with bitcoin pushing past 56k, why has VET still stuck in this level? Because of the past two days, though bulls are gaining power bears are still standing strong too. These are paper hands, and the only way to clear out the bears is... TIME! With bitcoin now going to retest 58k level, alts such as VET who have significant correlation strength with BTC will eventually push up too.
So now my plan is to hold, hodl and hodl more. Because when VET recovers, .24, .33, .60, these are 50-100% increases each time.
Remember to stay profitable people, and make sure you do not overleverage. VET had too much of a strong run thus many enters with overleveraged positions recently, causing the price to be halted a bit.
Just wait for it. Those who hodl will be rewarded.
Not a financial advise, just some ideas from a crypto neubie :)) Come and follow this neubie's trading journey!
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