MikesJakub

VET possible moves?

Long
BINANCE:VETUSD   VeChain
So VET has been acting exactly as we predicted...

Right now where we´re standing is a key point...
If we go down we might see a price around .07 and a bounce of the trend line.
Then we could see a short consolidation or a move up to our price around .094-96 and if we break this resistance, we might see a new ATH.

It also depends on the 20MA because it has worked as a support/resistance line many times... So watch out for that.

But of course, there is a possibility that we will break the resistance now or later this week and we could see a possible move up as well...
I mean it all depends on how the BTC will move and also if more people take money away from BTC and buy altcoins... we will see...

But in a long perspective, I am 100% bullish on VET

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