Long-awaited #Vechain update: $VET has now reached a bullish cross in the MACD on the weekly chart, which is very positive. The RSI is completely oversold and recently broke through the orange trend line to the upside. The Stoch RSI is also showing bullish signs. The ADX, on the other hand, still shows a strong downward trend, but may now have reached its peak, which could lead to a bottoming out of $VET starting a bullish phase afterwards – this fits well with the breakout on the orange trend line! If you would like to see more indicators that can provide a good indication of future movements, please let me know🤝
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