VET potential short term volatility (4hr Heiken Chart)

Mar 30, 2021

VET has been a little indecisive recently. However, narrowing Bollenger Bands may mean a substantial move to either direction is coming. After such a great month of March, I personally feel like VET may need a little more time to cool off before continuing higher past 10 cents. In the event of a solid dip I believe we should be able to find support within the 7.5 to 8 cents region again, which bottoms out around where the 0.382 fib line is from the local top of our last big uptrend. Long term, still very excited, especially with BTC's declining market cap dominance. Hopefully good days are ahead for ALTS overall.