VeChainLong
VET going down?
So VET didn't confirm the H&S pattern and broke down from the triangle as I showed in my last idea as you can see in the related idea.
So my new idea is that we could potentially make a double top and go down a little bit to the long-term trend line.
We're just way above the trend.
Now we're going to break the bearish channel... meet the top resistance.
I think we can bounce from the top resistance and go visit the trend line where we can consolidate for a while or bounce to the top.
Then with enough volume, we can fly through the resistance and then we could potentially go to new highs.
So my new idea is that we could potentially make a double top and go down a little bit to the long-term trend line.
We're just way above the trend.
Now we're going to break the bearish channel... meet the top resistance.
I think we can bounce from the top resistance and go visit the trend line where we can consolidate for a while or bounce to the top.
Then with enough volume, we can fly through the resistance and then we could potentially go to new highs.
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