????VET/USDT FREE ANALYSIS????

• Yello ladies and gents????????!

????VeChain has been range trading since May 19

????On Sep 29, the MACD oscillator formed a bullish divergence on the 12h chart

????Straight after the price went up by over 40% while testing the resistance at 0.1170 area

????This resistance has been acting as a critical supply/demand area during the past two months

????The two significant facts are: break above the resistance and rejection of the 200EMA near 0.1000 psychological support

????Current price action strongly favors an uptrend, towards one of the Fibonacci resistance levels