Welcome to the Rekt Capital newsletter, a resource for people who want to better navigate the crypto markets with the help of cutting-edge crypto research and unbiased market analysis.
Every Friday, I host an Altcoin TA session where I share my exclusive commentary on the price action of a wide variety of coins requested by all of you - valued supporters of the newsletter.
I share charts on the 10 most requested coins by you.
In today’s Altcoin newsletter, I cover 10 different Altcoins, specifically:
- VeChain (VET/USDT)
- Shiba Inu (SHIB/USDT)
- IOTA (IOTA/USDT)
- Chainlink (LINK/USD)
- Crypto com (CRO/USDT & CRO/BTC)
- Solana (SOL/BTC)
- Cardano (ADA/USD)
- IoTeX (IOTX/BTC)
- Algorand (ALGO/BTC)
- Polkadot (DOT/USDT)
VeChain - VET/USDT
Very similar price predicament to BAND or ZIL which I mentioned in this past Wednesday’s Altcoin Watchlist.
Essentially, a Weekly Close above the red level would enable a breakout from the Ascending Triangle for VET/USDT.
Until that happens, whether sooner or later, VET will continue to consolidate inside this structure.