VETBTC - Rejected by 200 DMA , correction ahead

9 Kas 2019

VETBTC has been rejected by the 200 DMA (63 sats). Volume declined and did not follow through for close above 200 DMA and higher prices. RSI went into overbought territory and is cooling down now. Next support is 50 sats but it looks like it is more like the price will go down to 46 sats which is 0.618 fib level. Right now the chart show it is a short opportunity. 46 sats or 0.618 fib level would be a good place to take a long position. Key levels on chart.