VET cooling off before next move.
Vechain is looking like its cooling off a bit after our big run up. Im looking for the bulls to hold this support line we are currently holding, i believe we will we have nice support printing from the ichimoku cloud and our EMA ribbons are carrying us and pushing up with bullish momentum. The Macd is looking very bullish its starting to slightly point sideways like we are seeing with our recent candles. The stoch RSI is coming down from overbought and is about to enter back into our neutral zone. We could see some accumulation along this support for a little bit but if the bulls boost price up and keep us trading inside our ascending channel there is a good chance we will fly back up to our ATH levels. NFA just my opinion.
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