VET
Salaam
Despite VET return backed to the channel and we saw powerful bearish candle 2 days ago, it stopped at key level 0.057 and yesterday's candle closed as beautiful bullish pinbar that coincide with 61 FIBO of last swing 0.044-0.087.
The key levels are the most important of analysis compared with trend lines and channels because trend lines are subjective and not absolute.
We see same scenario in BTC and ETH.
Let's see if VET could break the channel's resistance at 0.062 and close a daily candle above it or not.
The next resistance is 0.07.
Manage your risk!
Good luck,
Despite VET return backed to the channel and we saw powerful bearish candle 2 days ago, it stopped at key level 0.057 and yesterday's candle closed as beautiful bullish pinbar that coincide with 61 FIBO of last swing 0.044-0.087.
The key levels are the most important of analysis compared with trend lines and channels because trend lines are subjective and not absolute.
We see same scenario in BTC and ETH.
Let's see if VET could break the channel's resistance at 0.062 and close a daily candle above it or not.
The next resistance is 0.07.
Manage your risk!
Good luck,
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