VeChain(VET): Waiting For A Breakdown!
Updated
Another coin that is looking promising is VeChain, where we are looking for a potential breakdown that would result in a nice downward fall in the market price.
We are going to look for a breakdown as long as we are below that 200EMA, so keep an eye sharp for this one!!
Swallow Team
We are going to look for a breakdown as long as we are below that 200EMA, so keep an eye sharp for this one!!
Swallow Team
Note
While we are waiting for a breakdown of lower support, we are seeing another test happen at 200 EMA.
This could be a good entry for a potential short position here, but the main point of interest is still that lower support!
Note
Vechain failed to show us the breakdown of lower support and went instead for the upper 200EMA, which is now secured by bulls.
There is a high chance of seeing upward movement from here now!
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