VeChain is still trending much more bearish than I anticipated, though the support lines are coming into effect on each drop. As of now, I only have clues as to what the path will be and you'll find below one of the most likely paths (IMO).
Disclaimer: I am not your financial adviser and anything you read here is for entertainment or information purposes only. I'm just a dude sharing his opinion.
As you can see above, we broke off of the trend-line it looked like we could follow yesterday. Now we are closing in on a much longer-term upward trend line. Over the next few days, I think we are going to bounce between the 2. Once this pattern is completed, we should (I hope) see the upward breakout VEN holders are looking for.
This is a long-term hold IMO, with main-net launch and Thor incoming very soon.
Stay frosty my friends.
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