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VETUSD Continuation Pattern to Trigger a 100% Move
I first wrote about VeChain’s token VET on June 26th. At the time, it was trading around $0.0088. Shortly after that post, VETUSD went on a 150% run. What’s noteworthy about that rally is that it took just eight days. However, since topping out in August, VET has gone through 74 days of consolidation, and that’s a good thing. This pullback has helped reset the chart as the October 7th low touched right off the 61.8% Fibonacci level of the year-to-date range. But there’s no guarantee that the pullback is over. As I mentioned in my last VET commentary on October 12th, buyers need to close the pair above wedge ... (full story)
