BtcBlackthorne

Bull Div On VET After Retrace From Walmart Pump

Long
BtcBlackthorne Updated   
BINANCE:VETBTC   VeChain / Bitcoin
VET is trading in a huge falling wedge, which is quickly becoming very narrow.

A bull div has formed, thanks to the retrace from the Walmart pump.

It might bounce around in the wedge for a little longer. Eventually it will break out on the upside. There's too much bullish FA for it not to.

This is a long term idea that will play out over months.
Comment:
Text book bounce on support of falling wedge.

Upon upwards breakout of falling wedge, target is the previous high that initiated the falling wedge: 150 sats.

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