Faibik
Long

VET (Vechain) 120% Profit Potential..!!

BINANCE:VETBTC   VeChain / Bitcoin
VET (Vechain)

- Vechain In Downtrend Since 2 April & Now Looks Like Bottomed Out.

- MACD & RSI Both Are Turning Bullish .

- Now I think Its Opportunity For Midterm Accumulation .

- I'm Expecting 120% Profit For Midterm.

Buy Around 40 - 45 Sats

Sell Targets 82 - 105 Sats

Stop Loss According to Your Risk.

Hold Timeframe : 3-4 Weeks

Please, give us your opinion in the comments!

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I like the idea, buth dont think this is possible.
+1 Reply
@ribi, Why isn't Possible??
Reply
ribi Faibik
@Faibik, watch on volume if vet breaks resistance and allso look at btc dominance it can still go up much up.
Reply
@ribi, Hey,

VeChain Foundation has announced a buyback program and according to that, they should buy 4 million 200 thousand dollars VET from the open market. I think @Faibik draw the chart considering also this fundamental. Am I right?

Best regards,
Reply
ribi UfukDogan
@UfukDogan, yes its true, and vhen they announced that then you know that the bottom is in or that the price will continue to bottom. Vechain fundation is not stupid they know when to bay
Reply
@ribi, In my opinion buyback will bring the price to the first target then people will sell because they think price will go lower since we are in a falling edge so loong and they will think it will happen again however, at the same time Walmart will add their other 75 products to the blockchain and team will announce another huge partnership. With these fundamentals plus fomo will bring us to the second target point.
Reply
ribi UfukDogan
@UfukDogan, wallmart is just a drop in the sea. Fundamentals are not driving price up, its bitcoin and only bitcoin, and as long that bitcoin dominance is going up altcoins will continue to drop. And speakin on FOMO, when bitcoin hits 20.000 dollar, then alts will rise, when croud starts to bay shitcoins, including vet. And bitcoin dominance can go as high as 80% or higher.
Reply
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