VET to 10 cents

21 thg 3, 2021

By taking the mouth of the purple triangle we saw in late February and moving it up to the breakout point, we can find that .073 was a resistance level for VET. if we move the line up again, we find that $0.105 should pose to be a strong resistance level. However, VET is currently below the pitchfork resistance zone, and breaking it may prove difficult. Either way expect some bullish behavior short term.

21 thg 3, 2021

Ghi chú

I took the length of the bull run back in early February, not the mouth of the triangle, my mistake.
Then I moved it up to the breakout point of the wedge to get the resistance at .075 which was respected. By taking the length of the bull run again we can see that the next critical level in .10, which is also a key psychological level.