Hello Friends,
Vechain offers an innovative way to use Blockchain technology which improves global supply management using RFID etc. This technology may transform supply chain completely transparent among all the stakeholders. Its aim to drive adoption of Block chain technology, smart contracts more cheaper and efficient.
Currently on chart it has come down to...
Technical analysis:
VECHAIN/BITCOIN is in an up trend and Resumption of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 71.
Trading suggestion:
The price is in an up trend, but we forecast the uptrend would probably resume.
There is possibility of temporary retracement to suggested support zone...
