VET.USDT (P21.P2.E6).Stalking next opportunity.

Hi All,

VET does not seem to be losing momentum based on the daily and weekly indicators.
Neither is the ALT season is over.

I see this pullback with 2 possibilities, moderate or deeper.
The moderate pullback is playing out but the deeper ABC correction can be there with the 0.5 or 0.618 fib retracement on this impulse wave, chart below.
Hence the daily EMAs can have confluence to being support.


All the best,

S.SAri

DAILY Chart
s3.tradingview.com/s...shots/x/Xparlc7K.png

On the weekly, it found support on the 0.382 fib level. However just like BTC, it has the possibility to hit the weekly 10 EMA.
Phoenix or WT is bullish for weekly and daily.
s3.tradingview.com/s...shots/m/mlNxVYzq.png

Comentário:

s3.tradingview.com/s...shots/l/LpagfpBq.png