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BtcBlackthorne
Jun 26, 2019 2:53 PM

Bull Div On VET After Retrace From Walmart Pump Long

VeChain / BitcoinBinance

Description

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.
Comments
KarimSubhieh
Nice man, we need more VET TA people! Let's stay connected :)
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