iBijan

VET down trend

Corto
BINANCE:VETUSDT   VeChain / TetherUS
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VET reached its ATH on Apr. 21, on $0.25, then started its journy downward till reacted to $0.05 late jul. 21 from where VET surge to higher resistance zones at $0.10, $0.14 & $0.18 respectively, the last one happened in Nov. 21.
from Nov 21, up to now VET crashed down to $0.05 support level and then broke it downward, VET is challenging with its dynamic trend lines of down trend channels at $0.04s where if it could not break the aforementioned line VET may slip down to $0.03 & $0.02 support levels respectively, where finnally would be a pleasent price to go long again.
This is a personal idea, and I am not a financial adviser.

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