Cup & Handle Daily VET

20 Ağu 2021

Now, by definition the "Cup and Handle" formation signals the continuation of a bull move. Some will say that due to the action over the last few months that this is not the right "call". However, if you zoom out far enough, you'll see that we are still in a macro-based uptrend.

That said, it's obvious what the price action will do. Enjoy the ride. I'm holding this until $0.50, then reassessing the market before making my next move which will most likely be swapping some VET for ADA so I can increase my staking margin.

- Bull volume has been strong
- Support Lines have held
- RSI has reset

25 Ağu 2021

Not

Weekly chart is still healthy.