To get a good picture of Vechain I have removed all the noise and use the line instead of candles. To me this shows a huge falling wedge on the monthly timeframe.
Now, this does not mean that Vechain can not go any lower. BTC will probably dump a bit more and, if so, Vechain will go down with it. But the falling wedge is clear to see. It can take weeks or months but it is interesting to keep an eye on this pattern.
Now, this does not mean that Vechain can not go any lower. BTC will probably dump a bit more and, if so, Vechain will go down with it. But the falling wedge is clear to see. It can take weeks or months but it is interesting to keep an eye on this pattern.