Vechain is approaching some heavy resistance at the 0.7 FIB (highlighted in red) once this level is broken we got 1 more level of resistance at the 1 FIB, If we can break the 1 fib i believe VET will see a very nice run climbing up the Fibs creating new support for us, the keltner channel is starting to point upwards as well, Stochastic RSI still has awhile to go before it becomes overbought, we have began to exit the oversold areas and its coming back up. keep an eye on us holding that 0.6 FIb if we close below it i believe a little downside is possible. NFA all just in my opinion
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.