solomonroskin

VET on it's way to attack the daily resistance at 0.12311

BINANCE:VETUSDT   VeChain / TetherUS
If daily resistance at 0.12311 is broken, we will be able to mark out a new daily demand zone in case price retraces, allowing to enter a long trade.

You can also notice I marked out a daily suppply zone turned support. This area corresponds with the imbalance around the same area. Price already tested that zone once and bounce, enter a second time, going a bit lower and bounced up.

You will also notice that we are within another daily supply zone, so although I have a positive outlook on VET, I would like to wait and see it breaking through the daily supply before looking for long trades.


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