Yaw'll! This is the $VET Chart. We are looking at what can be an amazing entry!I have two resistance lines in white here that outline a descending triangle. As is with charting you get to make your own lines! So I have one at the top of two wicks, and the other is at the close on the same two bars. Choose yours! In the lower one we have clearly broken out! and on the more conservative one, it looks as if we maay bounce off the bottom support of that triangle.
So thats just some drawn in triangles. Basically a framework to see where price is ranging currently right?
So the macD I have opened up a little more so you can see. The thin red line is about to cross the thin blue line, that is a bullish cross!! Meaning its about to reverse! I Could be wrong but the shorter the time we spend in the red zone in those lines the harder the bounce?? I could be wrong, comments are welome!
Lastly the RSI at the bottom, We are baarely starting our way up! I wouldnt worry about a thing until the redline gets above 95 =)
All of this is on the 12 HR chart!
SIDE NOTE* All this meme coin nonsense in the cryptosphere really gets the fomo' going be careful! BUT know that once that slows down later this week, everythings going to flow to ya'lls coins such as $VET =)
So thats just some drawn in triangles. Basically a framework to see where price is ranging currently right?
So the macD I have opened up a little more so you can see. The thin red line is about to cross the thin blue line, that is a bullish cross!! Meaning its about to reverse! I Could be wrong but the shorter the time we spend in the red zone in those lines the harder the bounce?? I could be wrong, comments are welome!
Lastly the RSI at the bottom, We are baarely starting our way up! I wouldnt worry about a thing until the redline gets above 95 =)
All of this is on the 12 HR chart!
SIDE NOTE* All this meme coin nonsense in the cryptosphere really gets the fomo' going be careful! BUT know that once that slows down later this week, everythings going to flow to ya'lls coins such as $VET =)