VET/USD
Bullish Case
- Seem to have found Support at approx. the $0.118 area which is previous resistance, now turned support. and range for a while.
- Bouncing between $0.118-0.157, once we break $0.157, we should be heading towards $0.2211
- Bounce from Daily 200MA
- MACD/Signal and Histogram Reversing
- MACD Bullish Divergence between 28 Sep to 23rd Nov
- RSI low
- VPVR shows a lot of support in the $0.113 area.
- 1-1 Micro Fib extension shows Resistance at $0.22 Macro 0.618 Fib extension.
Bearish Case
- Strong Support at $0.092 level shown by the Volume Profile
- Still further touching the bottom of the Bollinger Band, can also go lower stretching the band.
Bullish Case
- Seem to have found Support at approx. the $0.118 area which is previous resistance, now turned support. and range for a while.
- Bouncing between $0.118-0.157, once we break $0.157, we should be heading towards $0.2211
- Bounce from Daily 200MA
- MACD/Signal and Histogram Reversing
- MACD Bullish Divergence between 28 Sep to 23rd Nov
- RSI low
- VPVR shows a lot of support in the $0.113 area.
- 1-1 Micro Fib extension shows Resistance at $0.22 Macro 0.618 Fib extension.
Bearish Case
- Strong Support at $0.092 level shown by the Volume Profile
- Still further touching the bottom of the Bollinger Band, can also go lower stretching the band.