Crypto Analysis Nov. 8, 2021

Crypto Analysis Nov. 8, 2021

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  • Yello ladies and gents????????????!

????After bouncing 0.1160 support VeChain rally continued

????Today price has reached our second resistance at 0.1664, corresponding to a 50% Fibonacci retracement level

????It will be essential to see the daily break and close above this resistance for the uptrend to continue

????If/when VeChain will break to the upside, price should be aiming for 0.1930 resistance area corresponding to 61.8% Fibs

????Right now, bulls are clearly in full control, and the probability for the uptrend continuation remains extremely high

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