Decision Time Coming (Daily Chart)
Aktualisiert
Bollinger Bands are around as narrow as they've been in 2021. Volatility will pick up soon as VET approaches the conclusion of the triangle pattern it is in. An upward breakout of the triangle pattern should at least see us retest the all time high, and hopefully break $0.30 or even $0.40. I feel like a decisive daily close below the triangle's lower trendline in the next day or two would mean we're headed for a substantial downswing, maybe to the nearest blue trendline I have drawn around or to the median line of the pitchfork (not sure over what timeframe), in which case I will likely sell a portion of my stack in order to buy back in lower later on. Rsi still holding its trendline of higher lows in tact. Still waiting for a MACD cross.
Anmerkung
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Same chart with fib targets for the bullish and bearish scenario.Anmerkung
tradingview.com/chart/X1PqpYDM/Anmerkung
Ignore that link, it takes you to doge for some reason...Anmerkung
VET has hit the blue trendline I referenced.
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