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cryptotraderog
May 31, 2021 7:23 PM

VeChain (VETUSDT/VETBTC) Inverse Head & Shoulders Breakout Long Long

VeChain / BitcoinBinance

Description

Im taking a long here on VETBTC pair, as a small speculative position that I hope I can build into a larger hodl position if markets start to recover. Otherwise, I will be happy to treat it as a scalp and take whatever profits the markets offer. The reason Im taking this long trade is because VETBTC broke above the neckline of the inverse head and shoulders pattern, so theres a high probability that price will continue higher, so long as Bitcoin holds steady.
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