Long term Vechain chart analysis~lets all pray BTC supports 53K~
<VET Chart>
(1)VET chart is showing triangle pattern. If VET shows some supports around the lower trend-line and break the upper trend-line, VET will show breakthrough around $0.3, so HODL
(2)If VET fails to support the lower trendline, then there's a chance that VET goes down to $0.19
(3)If VET shows support around $0.19 area, then there's a change that VET to reach to $0.216
(4)If VET fails to support the $0.19 line, then VET will show bearish trend until it finds supporting line
This VET chart reminds me of S&P500 chart back in 2011 December (lower high and lower low). We can't direct compare VET price to S&P500, but S&P is now 4173 (around 1200 back in DEC,2011). So let's wait and see how VET does.
(1)VET chart is showing triangle pattern. If VET shows some supports around the lower trend-line and break the upper trend-line, VET will show breakthrough around $0.3, so HODL
(2)If VET fails to support the lower trendline, then there's a chance that VET goes down to $0.19
(3)If VET shows support around $0.19 area, then there's a change that VET to reach to $0.216
(4)If VET fails to support the $0.19 line, then VET will show bearish trend until it finds supporting line
This VET chart reminds me of S&P500 chart back in 2011 December (lower high and lower low). We can't direct compare VET price to S&P500, but S&P is now 4173 (around 1200 back in DEC,2011). So let's wait and see how VET does.
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