Hey, friends hope you are well and welcome the new update on the Vechain coin. In this video you will watch how: On a long term weekly chart the priceline is retraced between 0.50 to 0.618 Fibonacci retracement. Before this correction, the price action of VET broke out the Ichimoku cloud with powerful bullish rally. Now it is retesting the 25 SMA as well. Click here to create an account on Binance, the best place to buy or sell Vechain coin On the daily time period chart, the priceline is moving in a falling wedge pattern Vechain. Recently price action is rejected by the resistance of wedge and moving down. The volume profile is showing the weak interest of traders at the support of the wedge pattern. The moon phases indicator is also showing a new full moon above the resistance. Therefore there are chances of a breakout after a correction. On the daily chart, the EMA 10 and 20 are in the bear cross. The stochastic and macd are weak bullish. When all three ind...
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