VET/USDT 15/02/21

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Possible descending channel forming. Declining resistance is strong. Macd confirms the recent bearish action but looks like it’s starting to consolidate. If price breaks and closes above declining resistance and macd closes above 0 we could see it touch ATH and less likely but entirely possible, 1.618 fib or 0.07 area. If we have a massive sell off and break both the declining support, 0.0445 support and break below the 200 EMA , it could go to 0.0331.

Long term bullish on VET

Support levels:
0.0445

0.0331

Resistance levels:
ATH (0.0606)

1.618 fib or 0.07 area

(this is just me logging my TA to see how often I am right vs wrong, do not take this seriously)