MikesJakub

VET going down?

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BINANCE:VETUSD   VeChain
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.

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