Since hitting the all-time high during May-21, VET has been trading bearish-sideways.
During this period of sideways movement, a bear flag has been drawn on the chart. Be aware that this assumes that the current bearish move is over and that the bottom is in.
Assuming we're going up from here, I'm expecting a bullish move towards the top of the channel. We can either break bullish or reverse after hitting the top of the channel. Since bull-flag patterns are classically bullish patterns, a bullish break out is to be expected. This also assumes that the crypto bull-cycle is far from over and can potentially take another 6-12 months.
The market needs volume for the next bullish impulse Thanks for sharing! π¦
thinkerdoertalker
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A1+++++
sundhar3060
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Excellent analysis Sir and unlike many other coins , VET has tremendous use case for the modern world such as IOT ,Supply chain and has ventured into metverse and NFT too recently
Solldy
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Looks great, thank you! π‘
MelvinGst
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Great analysis, I agree with your chart let's see how Vet will evolve with all supply chain problematics !
MarsSignals
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Wonderful
jojofang0901
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quite possible if correction complete for the upside thx