VET/BTC
Vet is a strong project, with the potential to be in the top altcoins in the future.
For the moment VET is a good coin to trade as his volatility follows the technical analysis. As demonstrated in the below 4-hour chart, VET creates a rising wedge with higher highs. This shows a reversal pattern we need to be attentive to. VET has the potential to rise more if he goes out of the rising wedge by the top, however he can also start a reversal pattern if he goes out by the bottom. In the chart we propose you some good entries points and some good sell point, depending if you're in this trade or if you wan to enter in it.
In this trade : If the Vet/Btc, goes down more than the red line, sell it for a better entry (1) to the next green line.
You want enter in this trade : If the Vet/Btc, goes down more than the red line, wait for the entry (1), if Vet goes up, you can enter with the entry (2) point.
If you're a trader don't forget to take profit to each target zone.
Good trading!!
Vet is a strong project, with the potential to be in the top altcoins in the future.
For the moment VET is a good coin to trade as his volatility follows the technical analysis. As demonstrated in the below 4-hour chart, VET creates a rising wedge with higher highs. This shows a reversal pattern we need to be attentive to. VET has the potential to rise more if he goes out of the rising wedge by the top, however he can also start a reversal pattern if he goes out by the bottom. In the chart we propose you some good entries points and some good sell point, depending if you're in this trade or if you wan to enter in it.
In this trade : If the Vet/Btc, goes down more than the red line, sell it for a better entry (1) to the next green line.
You want enter in this trade : If the Vet/Btc, goes down more than the red line, wait for the entry (1), if Vet goes up, you can enter with the entry (2) point.
If you're a trader don't forget to take profit to each target zone.
Good trading!!
Trade active:
This is a typical rising wedge. With a bull back. As you can notice on the chart, before you enter the trade you should wait for VET to fall lower than the entry point 1 to test the support Fib 0.236, following the bounce we will update the entry point for you.
Good Trading!
Good Trading!