VeChain price is contained inside a broadening wedge pattern on the 12-hour chart. The digital asset faces strong selling pressure in the short-term, according to a key indicator. VET faces only one crucial resistance level before a potentially massive breakout. VeChain has been trading inside an uptrend on the 12-hour chart, but a key indicator just presented a sell signal, increasing its selling pressure. The digital asset will likely see a pullback before a potential new leg up. As of writing, VET is trading at $.095. VeChain price on the verge of a major correction VeChain has established an ascending broadening wedge pattern on the 12-hour chart. The digital asset is trading right at the top trendline, but the TD Sequential indicator has just presented a sell signal. The confirmation of this sell signal has the potential to drop VeChain down to $0.084 in the short-term, at the lower boundary of the pattern. A breakdown below this point would drive the VeChain price towards $0.07. To invalidate the bearish outlook, bulls will need to push the VeChain price above 0.098, which will also invalidate the sell signal. A breakout above the upper trend line resistance of the pattern will promptly drive VeChain towards $0.12. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next GBP/USD remains in negative territory below 1.3860 FX Street 1 year VeChain price is contained inside a broadening wedge pattern on the 12-hour chart. The digital asset faces strong selling pressure in the short-term, according to a key indicator. VET faces only one crucial resistance level before a potentially massive breakout. VeChain has been trading inside an uptrend on the 12-hour chart, but a key indicator just presented a sell signal, increasing its selling pressure. The digital asset will likely see a pullback before a potential new leg up. As of writing, VET is trading at $.095. VeChain price on the verge of a major correction VeChain has established an ascending… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.