Long term I'm bullish on VeChain but in the short term I'm bearish. Since VET made an all time low on May 13th 2019 I'm thinkin that it'll fall down and find support at either the 1.272 or 1.414 fib extension levels shown on the chart. We know that when Bitcoin pumps alts fall, and if Bitcoin dumps alts will bleed right along with it. So no matter which direction BTC heads in the near future I'm expecting this coin to drop and possibly bottom out around either one of those levels.
Fibonacci

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Feragatname