VETUSDT - Breakout from Ascending Triangle
In the long term it is likely going to want to be drawn towards the 0.03 round number.
In the short term, the crypto market as a whole is providing a bullish wave of support which might diminish leaving VET over-extended.
There is a confluence of many of the support and resistance levels which could create some volatility as the bull and bears argue, but a failure of which could precede a strong move.
As it is risky to fight the market general direction, a bull trade is indicated with a clear indication of where to go short if a bearish retracement occurs.
In the short term, the crypto market as a whole is providing a bullish wave of support which might diminish leaving VET over-extended.
There is a confluence of many of the support and resistance levels which could create some volatility as the bull and bears argue, but a failure of which could precede a strong move.
As it is risky to fight the market general direction, a bull trade is indicated with a clear indication of where to go short if a bearish retracement occurs.
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Bullish bargain hunting occurring